London — Policy will continue to be a key driver of the European biodiesel market through 2021, with the revised Renewable Energy Directive (REDII) setting the EU policy framework until 2030. EU biodiesel consumption to recover […]
Singapore — 0249 GMT: Crude oil futures fell further in mid-morning trade in Asia Dec. 23 as bearish data from the American Petroleum Institute took the market by surprise, and as US President Donald Trump rejected […]
Osaka, 23 December (Argus) — Hydrogen is gaining momentum as a clean energy source in Japan after the country pledged to achieve carbon neutrality by 2050. The net-zero target is expected to further drive Japan’s […]
Energy News Beat Publishers Note: 60% of the growth will be solar stated by the EIA. That’s a bright future. AU – The transition from reliance on fossil fuels to renewable energy is set to […]
Iranian Oil Minister Bijan Zangeneh described Russia as a strategic partner and welcomed Russian investment in Iran’s energy sector. “We identify Russia as a strategic partner, and this partnership is not something that can be […]
Enverus – Industry Insight Comment from Andrew Dittmar In a one-two punch, Permian pure-play Diamondback Energy has added over 80,000 net acres in the core Midland Basin for ~$3 billion. Diamondback is acquiring publicly traded […]
Houston, 21 December (Argus) — For months, Diamondback Energy chief executive Travis Stice insisted to investors that the US independent did not need to acquire other companies, despite the turmoil in the oil and gas industry. […]
Drilling operations of the first well of the game-changing but highly-controversial Phase 11 of Iran’s supergiant South Pars non-associated natural gas field officially began last week. Significant gas recovery from the enormous resource will commence […]
Enbridge Inc on Monday said that it will expand its liquids storage capabilities and connections through an acquisition of a facility from Blueknight Energy Partners, L.P. in Cushing, Oklahoma. The purchase of the facility includes 34 […]
Shell said on Dec. 21 it has agreed to sell a 26.25% stake in its Queensland Curtis LNG (QCLNG) facilities to Global Infrastructure Partners Australia for $2.5 billion, helping the oil major meet its annual […]
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