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The U.S. Energy Information Administration revealed its latest oil price forecast for 2026 and 2027 in its July short term energy outlook.
The board of the country's largest oil-and-gas producer gave the green light to add 1.75 million tons of capacity in Mangalore, Karnataka, to national crude reserves.
Metropolitan CCS, a joint venture of INPEX and Kanto Natural Gas Development, began drilling an appraisal well for a carbon capture and storage project planned to serve industrial emitters in the Greater Tokyo Area.
The Thai group said it had completed the purchase of Chevron's fueling business in Hong Kong, though acquired stations continue to offer the Caltex brand for two years.
Nearly 23 percent of Ruwais LNG's 9.6 MMtpa capacity has been offtaken by Japanese customers, ADNOC said.
Respect Energy signed a six-year agreement to buy 100 percent of the power generated, as well as guarantees of origin, from four Uniper photovoltaic projects with a combined capacity of 219 megawatts peak in Poland.
Shell and nine Nigerian banks launched a $3-billion Contract Finance Facility for local companies executing projects for the British energy giant in the West African country.
Rigzone examines the Energy Institute's latest statistical review of world energy report, which was released recently.
ADNOC's new LNG marketing and trading platform targets 47 million metric tons per annum in marketed volumes by 2035.
Enverus announced that it has published its annual list of 'the 100 most prolific private oil and gas producers in the United States'.
'This agreement will support the government's visionary South Australian Strategic Gas Reserve that will help ensure South Australia's industrial future and energy security, including the planned sale and transformation of the Whyalla Steelworks'.
Shell expects trading results for its Integrated Gas segment to be 'significantly higher' for the second quarter compared to the prior three-month period.
LNG's share of annual European Union gas imports increased by nine percentage points to about 4.63 trillion cubic feet, 'deepening the structural shift in the EU's gas supply mix', the European Commission said.
How would the World Cup's remaining countries get on if they were only judged on their energy supply figures?
'The conditions that kept Henry Hub between $2 to $4 per MMBtu for the best part of a decade are no longer all operating at full force', said Kristy Kramer, Head of LNG Strategy and Market Development at Wood Mackenzie.
