ExxonMobil Bets on Layered Tech Systems to Reinvent Shale Economics
ExxonMobil released its updated corporate plan on Tuesday, wherein it upgraded its 5-year outlook. Exxon expects earnings to…
Turkey Eyes US Gas Field Investments After Wave of LNG Deals
(Bloomberg) — Turkey is exploring investments in US oil and gas fields as it accelerates a sweeping overhaul…
India’s Torrent Gas Hires Citi, Two Others for $450 Million
(Bloomberg) — India’s Torrent Gas Ltd. has hired three banks for its planned initial public offering that may…
What’s Next for OPEC+ in the Glut Year?
OPEC+ is meeting this coming weekend to discuss the next steps in its production control plan. Early reports…
U.S. Crude Hits a Record While Key Export Data Goes Dark
U.S. oil production hit another record in September, but the bigger story in this month’s Petroleum Supply Monthly…
Chinese LNG Demand Looks Poised to Disappoint Yet Again
(Bloomberg) — Chinese liquefied natural gas imports are at risk of another weak year as disappointing industrial demand…
Diplomats Weigh Truce on Fossil Fuel Exit Plan at UN Climate
(Bloomberg) — International climate negotiators were weighing a potential compromise deal late Friday on establishing a formal plan…
Japan Governor Seen Approving Tepco Nuclear Plant Restart
(Bloomberg) — The governor of Japan’s Niigata prefecture is set to approve the restart of the world’s biggest…
Stock Selloff Deepens as Fed Fears Rattle Traders: Markets
(Bloomberg) — A resurgence in tech shares spurred a rebound in stocks, though the advance was limited by…
Petrobras Weighs Lower Spending Plan on Bearish Oil Outlook
(Bloomberg) — Brazil’s state-controlled oil producer Petrobras is weighing a reduction in capital spending to $106 billion for…
Nuclear Startup Fermi Invokes Manhattan Project in AI Race
(Bloomberg) — US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are…
Trump Grants Hungary Exemption on Russian Oil in Orban Win
(Bloomberg) — US President Donald Trump granted Hungary an exemption from sanctions on purchases of Russian oil, providing…