Welcome back to the Energy News Beat Channel, where we break down the latest developments shaking up the global oil markets. Today, we’re diving into the U.S. Energy Information Administration’s (EIA) Weekly Petroleum Status Report, […]
In a move that underscores the shifting dynamics of global energy alliances, the United States and Pakistan have inked a significant trade and energy pact aimed at unlocking Pakistan’s untapped oil reserves. Announced by President […]
In a move signaling ongoing efforts to streamline operations and boost profitability, British energy giant BP has announced plans to eliminate approximately 6,200 office-based roles this year, marking an increase from its earlier target of […]
In a volatile week for global energy markets, oil prices have edged higher, with Brent crude futures climbing to $68.70 per barrel and West Texas Intermediate (WTI) reaching $65.90 per barrel as of August 6, […]
RegulatoryTankers Despite a torrent of sanctions from the US, UK, and EU this year, the shadow tanker fleet continues to expand at pace, according to new figures from broker BRS. The so-called grey fleet (see […]
FERC prepared the final SEIS to address the August 6, 2024 opinion issued by the US Court of Appeals for the District of Columbia Circuit regarding the Commission’s environmental review of the Texas LNG project, […]
This exclusion stems from a technicality known as the “fast carbon cycle,” which assumes forests will quickly reabsorb the released carbon. However, with longer fire seasons and degraded ecosystems, this assumption is increasingly unreliable, potentially […]
In a bold move to revitalize America’s energy sector, President Donald Trump has unveiled ambitious plans to quadruple U.S. nuclear power capacity by 2050, targeting an addition of 300 GW of new nuclear energy. This […]
In a testament to operational excellence, Chevron Corporation (CVX) has achieved record-breaking oil and gas production in the second quarter of 2025, positively influencing its earnings despite headwinds from lower commodity prices. This milestone underscores […]
According to a June 30 FERC filing, the regulator approved Venture Global Plaquemines LNG’s request to introduce hazardous fluids to LNG storage tank 4. Venture Global’s unit told FERC on July 28 it had fulfilled […]
Copyright © 2025 | Sandstone Group
