Hydrostor Secures $55MM for Energy Storage Project in Australia

21 September 2025, 12:00pm
The financing will support development activities for Hydrostor's 200-megawatt Silver City Energy Storage Center project being built in Broken Hill, New South Wales.
Read more... (source: www.rigzone.com)

Nostrum Appoints New COO

20 September 2025, 12:00pm
David Roberts succeeds Robert Tinkhof, who retired from the role earlier this month.
Read more... (source: www.rigzone.com)

Oil Drops as Trump, Xi Meeting Curbs Tariff Expectations

19 September 2025, 8:10pm
Oil extended a three-day losing streak.
Read more... (source: www.rigzone.com)

Exxon Says Demand Makes Case for Fossil Fuel Growth

19 September 2025, 8:00pm
Exxon Mobil Corp. will pursue fossil fuel growth long into the future.
Read more... (source: www.rigzone.com)

Turkey Plans Energy Deals With USA

19 September 2025, 3:10pm
Turkey plans to sign new energy deals with the U.S. as early as next week.
Read more... (source: www.rigzone.com)

Analyst Says Bearish EIA Report Reset Gas Market Momentum

19 September 2025, 2:50pm
'Yesterday's bearish EIA storage surprise refocused the natural gas market on rapidly rising storage levels', Eli Rubin, an energy analyst at EBW Analytics Group, said.
Read more... (source: www.rigzone.com)

U.S. Northeast is relying less on electricity imports from Canada

19 September 2025, 2:00pm
Over the past few years, net electricity inflows from Canada into New York (New York Independent System Operator, or NYISO) and New England (Independent System Operator of New England, or ISO-NE) have decreased. We identified this trend in an analysis in 2024, and the trend has continued through the first eight months of 2025. From January through August 2025, daily net electricity imports from Canada into ISO-NE averaged less than 40% of those occurring over the same months in 2022. During the same period, NYISO and Canada net trade fell to 25% what it was during the same months of 2022.
Read more... (source: www.eia.gov)

NYK Increases CO2 Credits Purchase from Occidental

19 September 2025, 1:07pm
NYK signed a second agreement to buy CO2 removal credits from the Stratos direct air capture project in Texas.
Read more... (source: www.rigzone.com)

USA Gasoline Price Projected to Drop Below $2.90 in 2026

19 September 2025, 11:27am
The EIA projected that the U.S. regular gasoline retail price will average under $2.90 per gallon next year.
Read more... (source: www.rigzone.com)

Melbana Starts Drilling New Cuban Production Well

19 September 2025, 11:22am
The Sydney-based company plans to trial crude exports from Cuba by the end of the year.
Read more... (source: www.rigzone.com)

California Resources to Combine with Berry in All-Stock Deal

19 September 2025, 9:00am
'The combination of CRC and Berry will create a stronger, more efficient California energy leader'.
Read more... (source: www.rigzone.com)

Union Says it Delivered 'Wage Win' for CNOOC Offshore Workers

19 September 2025, 8:25am
'Unite has successfully delivered its latest wage win for offshore workers', Unite General Secretary Sharon Graham said.
Read more... (source: www.rigzone.com)

OMV Hints at Austrian Layoffs in Broad Business Review

19 September 2025, 8:20am
The state-backed oil and gas company announced a review 'to streamline operations and portfolio' that could include a potential workforce downsizing at home in favor of automation.
Read more... (source: www.rigzone.com)

EU Eyes Faster Russian LNG Phaseout

19 September 2025, 7:30am
The EU is planning measures to accelerate the bloc's phaseout of Russian LNG, just days after Trump called on the EU to do more to curb Moscow's energy trade.
Read more... (source: www.rigzone.com)

Liberia Awards First Exploration Leases in Years to TotalEnergies

19 September 2025, 7:18am
'The signing of the PSCs represents one of the most important foreign investments in Liberia's oil and gas sector in more than a decade'.
Read more... (source: www.rigzone.com)

Octopus Energy Plans to Spin Off Technology Arm

18 September 2025, 8:00pm
Octopus Energy Group Ltd. plans to spin off Kraken Technologies Ltd.
Read more... (source: www.rigzone.com)

Oil Drops as Trump Says Low Prices Will End RUS-UKR War

18 September 2025, 7:53pm
Oil edged down in a choppy session.
Read more... (source: www.rigzone.com)

Ukraine Hits 2 Russian Oil Refineries

18 September 2025, 3:18pm
Two Russian oil refineries were attacked on Thursday.
Read more... (source: www.rigzone.com)

USA Crude Oil Stocks Drop More Than 9MM Barrels WoW

18 September 2025, 2:35pm
Crude oil stocks, not including the SPR, stood at 415.4 million barrels on September 9, the EIA's latest weekly petroleum status report showed.
Read more... (source: www.rigzone.com)

Mach Natural Closes Acquisition of Assets in Permian, San Juan Basins

18 September 2025, 1:00pm
'We have advanced our strategic pillars by nearly doubling production, establishing meaningful positions in the Permian and San Juan Basins, and creating a more balanced, multi-basin portfolio'.
Read more... (source: www.rigzone.com)

Westlawn Acquires Stake in Peru Exploration Assets Led by Occidental

18 September 2025, 12:25pm
Occidental completed a 30 percent farm-down of the Z-61, Z-62 and Z-63 blocks offshore Peru to Westlawn.
Read more... (source: www.rigzone.com)

Summer diesel margins tighten with European supply shift

17 September 2025, 2:00pm
In early 2023, the European Union implemented a ban on seaborne imports of diesel fuel, commonly called gasoil, from Russia following Russia's full-scale invasion of Ukraine the previous year. The ban reoriented trade flows as Europe imported more diesel from the Middle East and the United States rather than Russia. This summer, Europe's increased reliance on imports from the Middle East, coupled with conflict-related disruptions to refineries and escalating geopolitical tensions, contributed to a tightened global diesel market.
Read more... (source: www.eia.gov)

Per capita energy-related CO2 emissions decreased in every state between 2005 and 2023

15 September 2025, 2:00pm
Per capita CO2 emissions from primary energy consumption decreased in every state from 2005 to 2023, according to recently released data in our State Energy Data System. Total energy-related CO2 emissions in the United States fell 20% over that time, and the population grew by 14%, leading to a 30% decrease in per capita CO2 emissions.
Read more... (source: www.eia.gov)