CARACAS, Sept 29 (Reuters) – Qatari producer UCC Oil and Gas Holding is in talks for its possible entrance into new fields in Venezuela, the company’s head of Upstream, Erik Keskula, said on Tuesday at a conference in Caracas. UCC, British BP (BP.L) and XRG, a unit of United Arab Emirates’ state company ADNOC, last …
Sept 29 (Reuters) – The US Nuclear Regulatory Commission has approved a construction permit for the Tennessee Valley Authority (TVC.N) to build the nation’s first commercial small modular reactor at its Clinch River site in Roane County, Tennessee, the agency said on Tuesday. “TVA plans to build a 300-megawatt GE Vernova Hitachi boiling-water reactor to …
US NRC Approves Construction of Nation’s First Small Modular Nuclear Reactor Read More »
By Laila Kearney and Sumit Saha Lawmakers say the deal fails FERC’s public-interest standard AES investors and Ohio regulators already cleared parts of deal; closing targeted for 2026 or 2027 NEW YORK, Sept 29 (Reuters) – A group of US lawmakers including Senator Elizabeth Warren asked federal energy regulators this week to reject a more …
(Reuters) – President Donald Trump said on Tuesday he does not know if Iran is going to “give up yet” but cast the country as doing “very poorly” in its war with the US. DETAILS AND QUOTES: “I don’t know if they are going to give up yet but they’ll give up,” Trump told reporters. …
Trump Says He Does Not Know if Iran is Going to ‘Give Up Yet’ Read More »
HOUSTON, Sept. 29, 2026 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) (collectively, “Plains”) announced that Dean Liollio has been appointed to serve as Executive Vice President and Chief Operating Officer of Plains effective as of October 2, 2026. Mr. Liollio replaces Chris Chandler, the current EVP and …
(Reuters) – US natural gas is expected to be cheaper this winter than last, with a strong El Nino weather pattern curbing demand and ample production keeping supplies well balanced, analysts said. Lower gas prices during peak heating months of December to February could ease heating costs and help contain electricity prices, offering some relief …
Record Supply, Strong El Nino Seen Weighing on US Natgas Prices This Winter Read More »
(Reuters) – BP said on Tuesday it is proposing a six-year labor contract for workers at its 440,000-barrel-per-day Whiting refinery in Indiana as negotiations with United Steelworkers (USW) Local 7-1 continue. The company said the six-year term would provide stability for the refinery and employees. “6-year term would give you certainty in your pay, your …
BP Proposes Six-Year Labor Contract at Whiting Refinery Read More »
(Reuters) – The US Government said on Tuesday it is offering to loan energy companies up to 40 million barrels of oil from the Strategic Petroleum Reserve, the last US batch of crude from a global deal to unleash reserves in the wake of the war on Iran. Washington agreed in March to loan 172 …
(Reuters) – BP has appointed former JPMorgan banker Ben Monaghan as senior vice president for mergers and acquisitions and business development from early 2027, a BP spokesperson said on Tuesday. Meg O’Neill, who became CEO in April, has prioritised a more disciplined approach to investment, saying decisions must be rooted in profitability, cash generation and …
BP Appoints Ben Monaghan as M&A Chief From Early 2027 Read More »
(Reuters) – Colombia’s oil and gas producer GeoPark is planning a $7 billion investment in Venezuela’s large Bare oilfield to increase crude output there to some 90,000 barrels per day by 2038 from a current 11,000 bpd, the company’s chief executive, Felipe Bayon, said on Tuesday. With 15.7 billion barrels of original oil in place, …
GeoPark to Invest $7 Billion to Lift Output at Venezuelan Oilfield Read More »
