PetroChina Bets $5.6B on Gas Storage Push to Ride China’s Energy Transition
This article first appeared on GuruFocus. PetroChina (PCCYF) is positioning for a strategic shift with a proposed 40…
Why Model-Based Oil Forecasts Keep Missing the Mark
Last week, oil traders cut their bullish bets on crude to the lowest in 16 years on expectations…
Santos Shares Rise as First-Half Earnings Beat Estimates
(Bloomberg) — Santos Ltd. shares rose after the Australian oil and gas producer reported earnings that beat expectations,…
Woodside receives final approvals for Scarborough project
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ConocoPhillips signs 20-year LNG purchase agreement with Sempra
ConocoPhillips has signed a long-term sales and purchase agreement (SPA) to purchase 4 million tonnes per annum (MMtpa)…
Macquarie Hires Equinor’s Ravelli as Global Head of LNG
(Bloomberg) — Macquarie Group Ltd. has hired Samuele Ravelli to lead its global LNG trading business as the…
China Prepares to Trim Oil Refining Sector
The Chinese government is planning to reduce the number of oil refiners and petrochemicals producers in the country…
EU Fails in Bid to Add Joint Debt to Key Sovereign Index
(Bloomberg) — Intercontinental Exchange Inc. will not add European Union joint debt to its sovereign bond indexes in…
Coastal Bend LNG Launches Carbon Capture Study at Texas Gulf Coast Facility
8/18/2025 (P&GJ) — Coastal Bend LNG has started a front-end engineering and design (FEED) study with Solvanic to…
Rystad Energy Reveals Surprising Oil Resource Trends
Rystad Energy’s latest research shows the global amount of discovered, recoverable oil resources has increased by 5 billion…
New decarbonization milestone for Asian player as oil & gas assets benefit from solar panels
PT Medco Energi Internasional (MedcoEnergi), an Indonesian-based energy and natural resources company, has achieved a significant sustainability milestone,…
Treasuries Edge Higher, Asian Shares Rise on Japan: Markets
(Bloomberg) — Treasuries edged up to recover some of their losses from a higher US inflation print, which…