Eni, the Italian energy giant, has officially approved a $7.2 billion investment to build a new floating liquefied natural gas (LNG) export plant—Coral Norte—in Mozambique. This landmark decision not only doubles Mozambique’s LNG export capacity […]
In the rapidly evolving energy landscape of 2025, a critical shortage of gas turbines is raising eyebrows across the industry. These turbines, essential for natural gas-fired power plants, are in short supply due to limited […]
Wall Street rediscovers that oil and gas are a much better market than renewables. The world is short Trillions of dollars of investments just to meet decline curves, and the oil and gas companies in […]
In a significant development shaking up the energy and petrochemical sectors, Warren Buffett’s Berkshire Hathaway Inc. is reportedly on the verge of acquiring OxyChem, the petrochemical division of Occidental Petroleum Corp., for approximately $10 billion. […]
In a bold address to the United Nations General Assembly last week, President Donald Trump lambasted international climate agreements and green energy initiatives, calling them “job-killing schemes” that hinder economic growth and energy independence. Trump’s […]
In a milestone that’s sending ripples through financial markets, the U.S. Treasury’s gold reserves have surpassed $1 trillion in market value for the first time ever. This surge, fueled by gold prices climbing to record […]
In this episode of Energy Newsbeat – Conversations in Energy, host Stu Turley talks with Mikey Lucas, COO & Partner at MSB Global Services and Matrix Data Center, about the future of AI, data centers, and America’s energy dominance. […]
The U.S. federal government officially entered a shutdown on October 1, 2025, after Congress failed to pass a stopgap funding bill amid partisan divisions between Republicans and Democrats. This marks the first such lapse in […]
In recent years, the environmental, social, and governance (ESG) movement has reshaped the investment landscape for the oil and gas industry. While ESG criteria often cast fossil fuels in a negative light, making them nearly […]
In a move signaling a strategic pivot amid rising debt and fluctuating energy markets, TotalEnergies has announced significant reductions in its capital expenditure (CapEx), with cuts exceeding $1 billion annually starting in 2026, and earlier […]
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