Crude Inventories Fall Again as Fuel Stocks Build
Crude oil inventories in the United States fell sharply this week by 4.44 million barrels for the week ending July 12, according to The American...
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JP Morgan Explains Why Oil Prices Could Hit $100 This Year
WTI crude oil prices could surge to $100 per barrel in the coming year as there are diminished incentives for producers to boost production, according...
California Launches First U.S. Hydrogen Hub With Federal Funding
California has just become the first U.S. state to launch a hydrogen hub after the Department of Energy officially awarded federal funding to support clean...
Kuwait Announces Massive Offshore Oil and Gas Discovery
One of the Middle East’s largest oil producers, Kuwait, announced on Sunday a “huge” discovery of oil and associated gas in an offshore field east of...
Middle East Oil Benefits As China Buys Less African Crude
China has long been building inroads into Africa, while the U.S. backs down from the region, leaving a gaping hole in the West’s influence over...
Kinder Morgan reports Q2 miss, remains optimistic on natgas demand
U.S. pipeline and terminal operator Kinder Morgan, said on Wednesday it expects data center-driven electricity need to be a significant driver of natural gas demand,...
TotalEnergies sells interest in Nigerian JV
French energy major TotalEnergies, announced on July 17 that its subsidiary, TotalEnergies EP Nigeria, has signed an agreement with Mauritius-based Chappal Energies to sell its 10%...
Stakeholders Summit: When Big Wigs Gather for Development
Call it a day for the creme de la creme of the Niger Delta region and you cannot be faulted. The Dr Obi Wali International...
NOC international M&A spend hits 20-year low
But market drivers may change this scenario as Middle East NOCs look to diversify; Energy security issues in China could prompt action from Asian NOCs...