Americas Energy News

Uniper Agrees Major SAF Offtake with Arcadia

<p>Uniper SE has agreed to buy 40,000 metric tons of electro-sustainable aviation fuel (eSAF) from Arcadia eFuels' Project Endor in Denmark.</p> <p>Equivalen...

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UAE's Next $25 Billion Bet On India Includes Energy Sector

The United Arab Emirates has expressed intent to invest another $25 billion in India, including in the energy sector, Indian Commerce and Industry Minister Piyush Goyal said at a high-level meeting in Mumbai. The UAE has already invested about $25 billion in India and has signale

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Texas Oil Regulator Urges Operators to Report Theft

<p>Texas Railroad Commissioner Wayne Christian has urged oilfield operators to report theft, a statement posted on the Texas Railroad Commission’s (RRC) website...

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India Looks to Boost Exploration as Hormuz Crisis Threatens Supply

India needs to boost domestic oil and gas exploration to enhance its energy security amid supply disruptions that drive energy prices higher, according to a senior official at state-owned exploration and production company Oil India Limited (OIL). “Disruptions to global supply ch

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SOCAR Expands International Partnerships

<p>The State Oil Company of the Azerbaijani Republic (SOCAR) has signed several collaboration agreements with international companies including Exxon Mobil Corp...

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Saudi Arabia Restarts Red Sea Crude Oil Loadings

Saudi Arabia has restarted crude oil loadings at the Yanbu port on the Red Sea after the East-West pipeline resumed partial service, Reuters reported on Tuesday, citing vessel-tracking data and trade sources. Saudi Arabia shut down the East-West onshore pipeline for two weeks fol

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Oil Risk Premium Is Becoming Structural

<p>In a report sent to Rigzone by the Standard Chartered Bank team late Monday, the company’s Energy Research Head, Emily Ashford, outlined that there will be n...

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Oil prices climb for second day over Middle East supply concerns

Oil prices rose for a second consecutive session on Tuesday, 29 September, as ongoing concerns over potential supply disruptions in the Middle East linked to the US-Israeli conflict with Iran continued to outweigh indications of improving crude exports from the area.

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Comstock and SOCAR formalise $1.6bn Haynesville Shale partnership

Comstock Resources and the State Oil Company of the Azerbaijan Republic (SOCAR) have signed a framework agreement advancing the latter’s investment of $1.65bn in the US-based firm’s Haynesville Shale assets.

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India Unlikely to Ditch Russian Oil Despite Trump's 100% Tariff Threat

India cannot and likely will not replace all the Russian crude oil it is importing despite the threat of 100% tariffs on its products in the United States, according to analysts. Earlier this month, U.S. President Donald Trump signed into law the “Lindsey O. Graham Sanctioning Ru

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Court Pauses $16B Dangote Refinery Project in Kenya

<p>A Kenyan court ordered construction to be paused on Aliko Dangote's $16 billion oil refinery in the East African nation, after a group of petitioners filed a...

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Argentina Threatens UK with Court Action Over Falklands Oil Drilling

Argentina will sue the UK unless it suspends an oil drilling project off the coast of the Falkland Islands, the BBC has reported, citing an X post by Argentine president Javier Milei. "I instructed the Foreign Ministry and our legal teams to initiate international arbitration aga

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FTAI unit to acquire USDG crude oil logistics assets for $255m

FTAI Energy Partners (Jefferson Energy), a subsidiary of Nasdaq-listed FTAI Infrastructure, has agreed through one of its subsidiaries to acquire a portfolio of crude oil logistics assets from a subsidiary of USD Group (USDG) for approximately $255m in cash.

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China's LNG Imports Set for Second Straight Monthly Drop

China's imports of liquefied natural gas are on course to book their second consecutive monthly decline because of significantly higher prices driven by the war in the Middle East. September LNG flows to China are seen at 5.3 million tons, according to Kpler data cited by Bloombe

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Oil Extends Rally Despite Higher Hormuz Volume Reports

Crude oil prices extended a climb that began on Monday, despite reports that oil flows via the Strait of Hormuz have improved considerably since the start of September. At the time of writing, Brent crude was trading at $107.37 per barrel, and West Texas Intermediate was trading

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Hormuz Rerouting Doubles Cape Traffic Without Delivering a Windfall

Over the past seven months, shipping traffic through the Strait of Hormuz has dwindled to a trickle, with Iran effectively closing the critical maritime chokepoint ever since the U.S. and Israel launched attacks against it. Consequently, major global shipping companies rerouted t

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Why Blocking U.S. Diesel Exports Could Make Fuel More Expensive

Talk of a possible ban on U.S. exports of diesel fuel to curb soaring prices at the pump could end up pushing all fuel prices higher, cutting refinery runs as storage fills up, analysts have warned. The move could result in a glut of the fuel in the United States while the rest o

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Standard Chartered: Record CTA Long Bets Are Capping Oil's Upside

Oil prices rebounded from their recent slide on fears of U.S.-Iran escalation after attempts at diplomacy yielded mixed results, with speeches by leaders on both sides laced with threats and belligerence. Brent crude for November delivery was up 1.70% to trade at $106.09 per barr

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How AI Could Upend the Secretive World of Fuel Trading

The fuel trading market is expanding from an established group of specialized desks at oil majors, commodity trading houses, and refiners to AI-assisted trades. AI could either make the sometimes opaque fuel trading a level playing field for many new entrants or break the market

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Oil Execs Flocking to VEN Set Off Hunt for Golf Clubs

<p>Dozens of executives teed up at the lush Caracas Country Club for a golf tournament Monday, warming up for a sold-out oil and gas conference in the Venezuela...

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Oil Edges Higher as Supply Tightens

<p>Oil ticked higher as strong demand for physical barrels collided with easing supply disruptions in the Middle East and progress toward reopening the Strait o...

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The World Is Entering a New Era of Energy Security

The U.S.–Iran and Russia–Ukraine wars are more than regional or military conflicts. They are exposing weaknesses in the global energy and economic system and demonstrating that energy security can no longer be seen as independent of financial security, transportation, military se

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Europe’s Gas Forecasts Are Not an Energy Strategy

Energy models have an unusual talent. However chaotic the present may be, the future almost always becomes remarkably calm. Wars end. Shipping lanes reopen. LNG terminals work as planned. Winters remain manageable. Producers deliver. Markets rebalance. And natural gas prices grad

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U.S. Strategic Petroleum Reserve Falls to Lowest Level Since 1982

Crude stocks in the U.S. Strategic Petroleum Reserve stood at 284.6 million barrels for the week ending September 18, according to the Energy Information Administration, down from 285.0 million the week before and 406.0 million a year earlier. Department of Energy data show the r

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Record Diesel Costs Add Fresh Pressure on UK Economy

The UK economy entered “uncharted territory” on Monday, battling an assortment of financial pressures as fears intensified ahead of the next Budget. Diesel costs surged to a record high of 199.18p per litre, marking the latest energy shock on the UK economy. Stations were registe

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North America Adds 15 Rigs WoW, BH Count Shows

<p>North America added 15 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on September 25.</p> <p>Th...

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Eni Wins New Block offshore Indonesia

<p>Eni has won the bid for a new license area in Indonesia near its existing discoveries in the Southeast Asian archipelago.</p> <p>"The Sapukala offshore bl...

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Saudi Arabia's Key Oil Pipeline Starts Exports

<p>Saudi Arabia has started exporting oil using a key cross-country pipeline after the link was repaired following drone strikes earlier this month, a person wi...

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PTTEP Approves Bussabong Gas Project

<p>PTT Exploration and Production Public Co Ltd (PTTEP) has made a final investment decision to develop the Bussabong gas field in the Gulf of Thailand.</p> ...

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Shearwater wins seabed node survey contract in South America

Shearwater Geoservices has landed a three-year ocean bottom node (OBN) seismic acquisition contract in South American waters.

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Chevron, ExxonMobil Agree Potential Crude Supply to Vietnam

<p>Vietnam National Industry-Energy Group (PVN) has signed separate agreements with Chevron Corp and Exxon Mobil Corp for potential supply of oil and gas for Vi...

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Energy Groups Urge Trump to Reject Fuel Export Restrictions

<p>In a statement sent to Rigzone recently, American Fuel & Petrochemical Manufacturers (AFPM) announced that more than 30 U.S. business, energy, and manufactur...

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Genel outbids DNO with increased $436m offer for Capricorn Energy

Genel Energy, via its wholly owned indirect subsidiary Genel Energy No.9 (Bidco), has increased its recommended cash offer for UK-listed Capricorn Energy to $436m, surpassing a competing bid from DNO.

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Inpex exercises pre-emptive rights to raise Ichthys LNG stake

Japanese oil and gas explorer Inpex, via its Australian subsidiaries, will acquire an additional 0.735% participating interest in the Ichthys LNG project from JERA, increasing its total holding to 68.555%.

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Brent Oil Up Over 3 Percent in Intraday Trading

<p>Brent oil was up more than three percent in intraday trading on Monday.</p> <p>In a market quick take posted on its website today, Saxo Bank outlined that...

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TotalEnergies Targets 3 Percent Yearly Production Growth

<p>TotalEnergies SE said Monday it expects to invest $14-17 billion per year over the next six years to maintain growth in oil, gas and power production.</p> ...

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The offshore solids control blind spot: when running equipment hides a failing system

Performance should be judged from the flowline to the final waste stream, writes Othman Soliman, founder of SC DrillTech.

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Iran Firm on Demands for Hormuz Reopening

<p>Iran stuck to its seven-day proposal for reopening the crucial Strait of Hormuz, saying it won't soften its conditions, while President Donald Trump sent mix...

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TotalEnergies and partners approve Absheron gas project FID

TotalEnergies and its partners State Oil Company of the Republic of Azerbaijan (SOCAR) and XRG have made a final investment decision (FID) to move ahead with the full field development of the Absheron gas and condensate field in the Caspian Sea.

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EU May Delay Methane Rules for a Year

<p>The European Union opened the door to oil and gas importers getting an extra year to prepare for the bloc's methane reporting rules, in a bid to safeguard en...

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Iraq Rushes Oil Offers amid High Shipping Costs

<p>Iraq's state-owned marketing company is offering buyers last-minute crude cargoes, according to people with direct knowledge of the matter, as sky-high freig...

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Oil Falls on Signs of Iran Progress

<p>Oil fell on tentative signs that talks between the US and Iran to reopen the world's most important energy shipping route were progressing.<br /> <br /> We...

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Trump Advisers Study Impact of Diesel Export Ban

<p>President Donald Trump's economic advisers are analyzing the ramifications of a potential short-term ban on US diesel exports, underscoring the seriousness o...

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Ukraine Says 2 Russian Refineries Ablaze after Strikes

<p>Ukraine said it hit two more Russian oil refineries as the warring countries continue strikes against each other despite both sides earlier this week holding...

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WhiteHawk Completes Acquisition of Appalachia, Haynesville Gas Assets

<p>WhiteHawk Minerals Corp said Friday it had completed acquisitions worth a total of $111.8 million, including mineral and royalty natural gas assets in the Ha...

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Aker BP and partners upgrade Verdandi and Lillefix resource size

Aker BP and its partners Equinor and DNO have increased the projected size of the Verdandi and Lillefix discoveries in the Norwegian North Sea following an appraisal well drilled from the Symra field subsea template.

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Spiritus Secures Preliminary Deals to Supply CO2 for EOR

<p>Spiritus Technologies PBC has signed three letters of intent with oil and gas operators in the United States Gulf Coast, Midwest and Rockies to supply over t...

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TotalEnergies Backs Pouyanne to Remain Chair and CEO

<p>TotalEnergies SE said Friday it will propose the renewal of Patrick Pouyanné's mandate as chair and chief executive when shareholders meet May 2027.</p> <...

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INPEX Pre-Empts JERA's Sale of Ichthys LNG Stake to MidOcean

<p>INPEX Corp said Friday it will acquire fellow Japanese company JERA Co Inc's minority stake in Australia's Ichthys LNG, raising its operating stake to over 6...

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Dutch to Ask EU to End Mandatory Gas Storage Targets

<p>The Netherlands wants to scrap mandatory gas storage targets under a revamp of the European Union's energy supply security rules after spending nearly EUR 1 ...

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Vietnam’s BSR inks crude oil supply agreement with ExxonMobil

Petrovietnam Refining and Petrochemical Corporation (BSR) has entered into a framework agreement to purchase crude oil from ExxonMobil Asia Pacific, an affiliate of ExxonMobil.

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Crude Gains on Tight Supply Signals

<p>Oil rose as signs of tightness across several key market gauges outweighed indications of diplomatic progress toward reopening the critical Strait of Hormuz....

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Trump Backs Argentina LNG Project

<p>The US Export-Import Bank is offering to lend up to $6 billion of financing for Argentina’s signature natural gas project, another boost of support by the Tr...

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Exus Repowers 2 Pennsylvania Wind Farms

<p>Exus Renewables has completed two repowering projects representing nearly 140 megawatts (MW) of wind generation capacity in Pennsylvania.</p> <p>The Highl...

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USA Crude Oil Stocks Rise Week on Week

<p>U.S. commercial crude oil inventories, excluding the Strategic Petroleum Reserve (SPR), increased by 3.0 million barrels from the week ending September 11 to...

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ProPetro to Supply 230 MW to Targa

<p>ProPetro Holding Corp has announced new contracts to supply about 230 megawatts (MW) of power to support Targa Resources Corp's operations in the Permian Bas...

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Saudis Ease Asia Oil Crunch

<p>Saudi Arabia has sold almost 100 million barrels of oil to Asian buyers since the middle of last week, according to traders familiar with the matter, helping...

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FortisBC Gets BC Environmental Clearance for Tilbury LNG Expansion

<p>British Columbia's provincial government has granted an environmental assessment certificate to FortisBC for another expansion at its liquefied natural gas (...

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Gas Company Worker Passes Away Following Shark Attack

<p>In a statement posted on its social media page, Amplitude Energy announced that one of its workers had passed away following a shark attack off the Perth coa...

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Petrobrazi Biofuels Project Progresses toward Startup in 2028

<p>OMV Petrom SA said it had laid the foundations and installed the main processing equipment for a project to enable biofuel production at Romania's Petrobrazi...

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Analysts Say China 2026 Oil, Gas Demand Outlook Weakens

<p>China’s oil and gas demand outlook has weakened materially in 2026 as elevated oil prices, slower economic activity, and accelerating energy transition trend...

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Qatar Ramps Up LNG Shipping via Hormuz

<p>Qatar has ramped up liquefied natural gas tanker traffic through the Strait of Hormuz to the highest in more than two months, a sign it's becoming more comfo...

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Trump Fuel Export Ban Threat Sends European Diesel Soaring

<p>President Donald Trump’s push to <a href="https://www.bloomberg.com/news/articles/2026-09-22/trump-says-he-s-pushed-for-fuel-export-ban-amid-price-crunch" ta...

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Oil Rises as Diesel Export Talk Swirls

<p>US diesel futures slumped as speculation swirled that the White House is considering an export ban, with key refinery infrastructure around the globe still o...

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Shell Exits BP's Na Kika Platform in US Gulf

<p>Shell PLC said Tuesday it had completed the sale of its stake in the BP PLC-operated Na Kika, a 50:50 joint venture that is Shell's only non-operated platfor...

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EIA Raises USA Oil Production Forecasts for 2026, 2027

<p>The U.S. Energy Information Administration (EIA) raised its U.S. crude oil production forecasts for both 2026 and 2027 in its latest short term energy outloo...

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Czechia's MND Set to Expand Production Activities in Ukraine

<p>Naftogaz Group said Tuesday it had signed a memorandum of cooperation with MND Group for the Czech company's potential participation in Naftogaz's oil and ga...

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Imperial Oil Chief Calls for Alberta to Reject Separatism

<p>Imperial Oil Ltd. came out against Alberta separatism, the first major energy company in the province to stake a firm position on the movement to break away ...

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TotalEnergies Approves New Upstream Project for Nigeria LNG

<p>TotalEnergies SE on Monday announced a final investment decision (FID) to proceed with the Ima Gas Development, which would unlock up to 350 million cubic fe...

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USA-Iran Conflict Changes Definition of Available Barrel

<p>The U.S.-Iran conflict has changed the definition of an available barrel, Ole Hvalbye, Partner at ABG Sundal Collier, told Rigzone.</p> <p>“Production cap...

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European Commission Proposes Energy Efficiency Rating for Data Centers

<p>The European Commission has put forward a proposal for a European Union rating scheme to help ensure energy efficiency and minimize resource wastage and emis...

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A Critical Week for Oil

<p>In a report sent to Rigzone on Tuesday by the Macquarie team, Macquarie strategists, including Thierry Wizman, Global FX and Rates Strategist at Macquarie Gr...

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Engineers India to Deliver $16B Kenya Refinery

<p>Aliko Dangote, Africa's richest person, has hired the engineers that built his Lagos refinery to work on the new crude processing plant in Kenya that he is s...

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Oil Dips as Saudi Pipeline Restarts

<p>Oil dipped as Saudi Arabia sought to resume flows on a vital pipeline, while traders parsed clues on the trajectory of the US-Iran war and progress toward re...

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Macron Urges EU to Relax Diesel Rules

<p>French President Emmanuel Macron called on European Commission President Ursula von der Leyen to relax rules on oil products like diesel and kerosene as the ...

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US DOE to Award $99MM to Geothermal Innovation, Exploration Projects

<p>The United States Department of Energy (DOE) on Monday announced 21 geothermal exploration and tech development projects to progress to negotiations for fund...

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Global Upstream M&A Activity Set to Exceed 2025 Total

<p>Global upstream mergers and acquisitions (M&A) activity is on course to exceed last year’s $175 billion total, Rystad Energy announced in a market update sen...

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Saudis in Process of Starting Vital Oil Pipeline

<p style="background-color: #f5f5f5; font-weight: bold; font-size: 0.8em; padding: 3px 5px; margin-bottom: 5px;">(Update) September 22, 2026, 3:46 PM GMT+1: (Ar...

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China Gas Raises LNG Order from Venture Global to 2.5 MMtpa

<p>Venture Global Inc has secured a new agreement to supply 0.5 million metric tons per annum (MMtpa) of United State liquefied natural gas (LNG) to China Gas H...

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McDermott Completes Refinancing

<p>McDermott International Ltd said Monday it had completed its refinancing plan, raising $1.05 billion in share and debt instrument sale proceeds.</p> <p>Th...

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Texas Upstream Employment Rises

<p>Texas upstream employment rose in August, the Texas Independent Producers and Royalty Owners Association (TIPRO) highlighted in a statement sent to Rigzone r...

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Norway Gas Output Down Month on Month

<p>Norway sold 10.6 billion cubic meters (374.34 billion cubic feet) of natural gas in August, down 300 million cubic meters (MMcm) from July as production fell...

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USA Diesel Price Surges Again

<p>U.S. diesel surged again over the last week, GasBuddy highlighted in a blog posted on its website on Monday.</p> <p>The blog revealed that the national av...

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Aramco Poised to Resume Oil Exports at Red Sea Port

<p>Several Asian refiners have been told informally by Saudi Aramco they will soon be able to pick up oil from the Red Sea port of Yanbu, according to traders f...

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