Oil Settles Higher on Black Sea Supply Risks
Crude markets balanced Black Sea disruptions against fears of a US-EU trade conflict.
Nieuws
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Kenya Pipeline to Triple Capital Spend to $852MM Post IPO
State-owned Kenya Pipeline Co plans to triple capital expenditure on projects to widen its network, increase storage and diversify into natural gas.
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Venezuelan Oil Moves Into the Caribbean
Tankers have begun discharging Venezuelan crude at Caribbean islands.
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Gas Analyst Flags 'Historic Cold'
Eli Rubin, an energy analyst at EBW Analytics Group, noted that 'historic cold launche[d]... soaring NYMEX gas futures'.
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Murphy Oil Makes Noncommercial Find in Ivorian Frontier Campaign
'While Civette did not meet commercial thresholds, the well provided insights that strengthen our subsurface understanding for the potential of the basin and inform the remaining prospectivity on the CI-502 Block'.
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TotalEnergies, Bapco Launch Trading JV for Bahraini Fuels
TotalEnergies and Bahrain's state-owned Bapco Energies launched an equally owned trading platform to sell output from the Bapco refinery in the kingdom to the domestic and international markets.
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India Is Now UAE's Largest Customer of LNG
India is now the United Arab Emirates' largest customer of LNG, ADNOC Gas said.
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EnBW Gives Up 2 Irish Sea Wind Projects with BP-JERA JV
JERA Nex BP is acquiring co-venturer EnBW's stake in the Mona wind project in UK waters, while the partners dropped the Morgan offshore wind project.
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North America Adds 28 Rigs Week on Week
North America added 28 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
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TotalEnergies Secures New Deal to Sell Niger Delta Stake
TotalEnergies secured a new buyer in Vaaris for its 10 percent interest in a Niger Delta JV previously operated by Shell after Chappal failed last year to consummate an earlier transaction.