U.S. Shale Costs to Soar to $95 per Barrel Within a Decade
The era of falling breakeven costs in the U.S. shale patch may soon come to an end, and…
Sempra sells $10 billion stake and greenlights LNG expansion
US energy company Sempra is cashing in on part of its infrastructure arm with a $10 billion sale, while…
Ukraine’s Drones Target Russian Refineries, Pumping Stations
(Bloomberg) — Ukraine claimed drone strikes that damaged energy infrastructure deep within Russian territory on Saturday, the latest…
Bloomberg Green’s Guide to Climate Week NYC
(Bloomberg) — Climate may be moving down the world’s agenda, but you wouldn’t know it from looking at…
TotalEnergies reaches FID on Rio Grande LNG Train 4 with 10%
TotalEnergies has signed agreements with NextDecade to acquire a 10% stake in the joint venture developing Train 4…
US and UK Unveil Nuclear Agreement Ahead of Trump Visit
(Bloomberg) — The US and Britain will sign an agreement to make it quicker for companies in both…
Near-Default Prompts Korea to Push for Petrochem Sector
(Bloomberg) — A near-default by a major player has become a flashpoint for South Korea’s struggling petrochemical industry,…
American Oil Majors Expand as Smaller Producers Retreat Amid Price Pressures
Previously, we reported that U.S. oil production has maintained its upward trajectory in the current year even as…
Chronic Oil Volatility Becomes Oil’s New Normal
As the IEA is about to revise its peak oil demand scenario radically, the global oil market is…
Italy’s Snam Plans to Delay Open Grid Europe Deal, Sole Says
(Bloomberg) — Snam SpA’s purchase of a stake in German gas network operator Open Grid Europe from Abu…
Exxon CEO Says New Form of Graphite Boosts EV Battery Life,
(Bloomberg) — Exxon Mobil Corp. said it has invented a new form of graphite that can increase the…
Stocks Hold at Record as Traders Lock In Fed Bets: Markets
(Bloomberg) — A strong week on Wall Street is ending on a quiet note, with stocks holding near…