WTI Edges Up as OPEC+ Meeting Looms
Geopolitical tensions eased, but market uncertainty remains with sanctions, diplomacy, and OPEC+ talks in focus.
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Carlyle, Diversified Energy to Jointly Invest Up To $2B in US PDP Assets
Diversified Energy and Carlyle formed a partnership to invest up to $2 billion in proven developed producing natural gas and oil assets across the U.S.
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Duke Energy Gets Emergency Authorization to Respond to Southeast Heat Wave
The DOE authorized Duke Energy Carolina to operate specific electric generating units within the company's area at maximum generation output levels.
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BOEM Proposes Lease Sale in Gulf
The Bureau of Ocean Energy Management announced 'the publication of a Proposed Notice of Sale (PNOS) for an oil and gas lease sale in the Gulf of America'.
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Iraq Says USA Company Among Bidders as It Plans First LNG Imports
Iraq, OPEC's second-biggest oil producer, doesn't have enough gas to operate its mostly gas-fired power plants and suffers from crippling blackouts every summer when demand peaks.
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Chevron Raises Offtake from Lake Charles LNG to 3 MMtpa
Energy Transfer signed an incremental agreement with Chevron for additional volumes of 1 MMtpa from the planned Lake Charles LNG.
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Canada's Oil Sands to Reach Record Production in 2025, S&P Global Says
Oil sands production in the country is projected to reach 3.5 million barrels per day (bpd) for the year, 5 percent higher than last year.
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Eni to Build PV Plant to Power Modine Facilities
Eni and Modine signed a deal to build a solar plant with a capacity of 1.585 MWp in Pocenia, Italy, to power Modine's facilities.
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Var Energi Starts Production at Jotun FPSO at Balder Field
Within three to four months after the start of production, Var Energi expects to raise production by approximately 80,000 barrels of oil equivalent per day (boepd) gross.
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Enverus Lists 'Most Prolific' Private Oil, Gas Producers in USA
Enverus announced that it has released its annual list of 'the most prolific 100 private oil and gas producers in the United States'.