With Q2 earnings season in full swing, hedge funds and other equity market participants are mulling over where the market might head next as it wraps-up a strong rally. According to a note from Goldman […]
Energy News Beat Publishers Note (ENB): This was a hugely significant call by the IEA, but surely also an extremely challenging one. The signs are that the market is not yet responding to the IEA’s […]
Baghdad: Iraq has signed a contract to drill 96 oil wells in the West Qurna-1 oil field located in the southern province of Basra to raise production, according to a statement by the Ministry of Oil. The state-run Basra Oil […]
A massive methane plume detected earlier this month over Russia stemmed from emergency repairs that forced the partial shutdown of a Gazprom PJSC pipeline, the company said, taking responsibility for one of the energy sector’s most intense recent leaks […]
U.S. liquefied natural gas company Venture Global LNG said on Thursday that construction firm Zachry Group will work with engineering firm KBR Inc (KBR.N) in a joint venture to build the first phase of the […]
The U.S. oil market is reaching a crunch point. Each week drivers are traveling billions of miles on interstates, just as they did in 2019, before the pandemic ravaged global oil consumption. But despite a […]
PKN ORLEN is investing in the expansion of the Olefins Complex at the Płock Production Plant. It is the key project in the strategic Petrochemical Development Programme and the largest petrochemical investment project in Europe […]
PORTLAND, Texas — That $7 billion Exxon plant under construction in Portland, Texas, is fast approaching completion. 3News got an exclusive tour of that facility Monday as crews there work to finish this huge plastics […]
Maine became the first U.S. state to enact a law requiring divestment from fossil fuels, after Governor Janet Mills signed a measure ordering public funds to jettison investments in coal, petroleum, natural gas and related […]
By Ellen R. Wald, a non-resident senior fellow at the Atlantic Council’s Global Energy Center and president of Transversal Consulting, and Jonathan H. Ferziger, a Jerusalem-based nonresident senior fellow at the Atlantic Council and a former Middle […]
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