US Oil Inventories Keep Growing as Prices Sag
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose again, this time…
TotalEnergies secures long-term LNG agreement with Canadian
French energy giant TotalEnergies has struck a deal to purchase liquefied natural gas (LNG) from the Ksi Lisims…
LNG Traders Look to Increase Exports to Malaysia, Indonesia
(Bloomberg) — Liquefied natural gas traders are looking to sell more of the fuel to traditional exporters in…
Bulls on the Backfoot as Supply Risks Mount
Crude oil futures reversed sharply lower by Thursday after beginning the week with a strong rally fueled by…
EU Will Work on Setting Water Use Caps for Thirsty Data
(Bloomberg) — The European Union will work on setting minimum performance standards to curb water usage in data…
Oil Bulls Balk At Surprise Crude Oil Inventory Build
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.287 million…
Aramco Debt Nears 3-Year High as Oil Plunge Strains Earnings
(Bloomberg) — Saudi Aramco’s net debt rose to the highest in almost three years, piling pressure on the…
Iran Says Next Round of US Nuclear Talks Scheduled for
(Bloomberg) — The US and Iran will hold their fourth round of talks over the Islamic Republic’s nuclear…
Indonesia to Cut Fuel Imports From Singapore in Favor of US
(Bloomberg) — Indonesia will cut its fuel imports from Singapore and source supplies from the US and Middle…
A 26-Year-Old Asked to Help Shape Japan’s Climate Goals Has
(Bloomberg) — A 26-year-old solar executive who jolted Japan’s government by making a rare public criticism of the…
Tight Now, Loose Later: Oil Futures Flash Warning
Last week, OPEC+ announced it will once again accelerate the pace of unwinding of production cuts, with output…
Occidental’s diverse portfolio delivers first quarter
Occidental Petroleum has announced better-than-expected first quarter profits, driven by robust production and favourable natural gas prices. The…