Saudi Arabia’s oil facilities were targeted with drones and missiles for the second time in a week, with Yemen’s Houthi rebels claiming an attack on the south-western refinery town of Jazan. The Houthis launched missiles […]
According to EIA analysis, planned refinery outages during the second quarter of 2021 are unlikely to cause a significant shortfall in the supply of petroleum products in the United States, particularly transportation fuels including gasoline, […]
McDermott International, Ltd today announced that its CB&I Storage Solutions business has been awarded a contract by Atlantic Gulf and Pacific Company of Manila Inc. (AG&P) for the engineering, procurement and construction of a liquefied […]
Sasol has launched plans to take a major step into the production of green hydrogen, both domestically in South Africa and in Germany. Sasol and Toyota South Africa Motors have launched a partnership to explore how […]
Energy News Beat Publishers Note (ENB): Very interesting from a state’s perspective on the Colorado SB 181 and the impact on oil. Considering that Colorado legislation has been presented to the Biden Administration to be […]
(Bloomberg) — Chevron Corp. ’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbines. The investment by Chevron Technology Ventures is its first […]
EIA forecasts U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) to increase in the next two years, according to the latest Short-Term Energy Outlook (STEO). By the end of 2022, 13 new projects […]
The global market share of electric vehicles is set to rise so quickly that battery manufacturers will not be able to meet production requirements, a Rystad Energy analysis shows. The reason is that mining capacity […]
Austin, TX (April 13, 2021) — Enverus, the leading global energy data analytics and SaaS technology company, today announced an agreement for Hellman & Friedman (H&F), a premier global private equity firm, to acquire majority […]
Japan and the UAE have signed a hydrogen cooperation deal aimed at accelerating bilateral support for an international hydrogen supply chain. The agreement marks Japan’s first bilateral deal covering hydrogen production and development as the […]
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