Update (9:58 AM MST): Saudi to voluntarily cut oil production in Feb. OPEC+ MEETING: Saudi Arabia has taken responsibility for re-balancing the oil market, in a three-way OPEC+ deal that will see the kingdom cut […]
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 […]
OPEC+ will meet on 4 January to discuss market developments and determine production levels Russia and Saudi remain committed to the OPEC+ deal on production cuts, said Russian Deputy Prime Minister Alexander Novak, the nation’s […]
The U.S. Energy Information Administration’s (EIA) latest Annual Coal Report (ACR) shows that U.S. coal mining productive capacity, or the maximum amount of coal that mines can produce in a year, totaled 1,009 million short […]
According to the U.S. Energy Information Administration’s Weekly Petroleum Status Report, for the week ending November 13, 2020, U.S. distillate inventories fell to 143 million barrels, back within its previous five-year (2015-19) range for the […]
Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq, has announced that the planned workover on the SH-12 well has been completed safely. Jón Ferrier, Gulf Keystone’s Chief Executive Officer, said: […]
Bogota, 23 November (Argus) Curacao severed an oil storage contract with SPS Drilling E&P six weeks after it was signed, underscoring the challenge of monetizing Caribbean assets formerly run by Venezuela’s state-owned PdV. The 15 […]
AGL said it has also lodged a Scoping Report – a necessary step in the process to get planning approval – for a 50MW battery facility at its Broken Hill solar farm in NSW (pictured). […]
LONDON (Reuters) – BP BP.L has agreed to sell its London headquarters for 250 million pounds, a spokesman said on Friday, the latest in a string of disposals as the British energy company shifts to low-carbon energy. […]
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