IOG, Elevation Resources to Jointly Develop Permian Wells
IOG Resources and Elevation Resources’ partnership will focus on drilling 10 horizontal Barnett wells in the Permian’s Andrews County, Texas.
CRTS Global Secures RAE Energy’s Coatings Business
Voyager Interests portfolio company CRTS Global is growing in the pipeline coatings market with its acquisition of RAE Coatings, a provider of protective external coatings for offshore pipelines.
Saudi Aramco Discovers 14 Minor Oil, Gas Reservoirs
Saudi Aramco’s discoveries in the eastern region and Empty Quarter totaled about 8,200 bbl/d.
Kazakhstan in Talks With Oil Producers About Output Cuts, Ifx Reports
(Reuters) – Kazakhstan has been in talks with oil producers about reducing output, which has been above the country’s OPEC+ quota, Interfax news agency reported on Thursday citing the energy ministry. Kazakhstan has been pumping oil above the limit agreed by the Organization of the Petroleum Exporting Countries and its allies led by Russia for …
Kazakhstan in Talks With Oil Producers About Output Cuts, Ifx Reports Read More »
China Trade Spat Undermines Trump’s ‘Max Pressure’ Iran Campaign: Bousso
By Ron Bousso US ratcheting up pressure on Tehran over nuclear programme China bought 77% of Iran’s oil in 2024, valued at $29 billion China could use Iran trade in negotiation with US (Reuters) – The deepening trade war between the United States and China could significantly undermine President Donald Trump’s “maximum pressure” campaign against …
China Trade Spat Undermines Trump’s ‘Max Pressure’ Iran Campaign: Bousso Read More »
Abu Dhabi’s Mubadala Buys Stake in Kimmeridge Shale Gas, LNG Ventures
Mubadala Energy, owned by Abu Dhabi’s sovereign wealth fund, is buying a stake in Kimmeridge Texas Gas (KTG) and Commonwealth LNG as the United Arab Emirates company makes an entry into U.S. shale.
Taiwan Aims to Triple US Share of LNG to Avoid Tariffs
Taiwan is planning a surge in US purchases over the next decade that would triple the share of American liquefied natural gas in the island’s mix. State-operated entities could buy goods worth $200 billion from the US over the next 10 years, Minister of Economic Affairs Kuo Jyh-Huei said Thursday, according to a report from Taipei-based …
Taiwan Aims to Triple US Share of LNG to Avoid Tariffs Read More »
‘Store, Baby, Store’ – Texas Is Ground Zero for the US Battery Boom
Texas installed 4 gigawatts of battery capacity last year, surpassing California’s pace for the first time. Big batteries in Texas are addressing issues on the electric grid, storing excess wind and solar power and meeting surging demand from new residents and electric vehicles. The growth of battery storage in Texas is threatened by tariffs on …
‘Store, Baby, Store’ – Texas Is Ground Zero for the US Battery Boom Read More »
Google Deploys AI to Speed up Connections at PJM, Largest US Power Grid
Summary • Electricity customers hope to cut wait times to connect to grid • The first time AI will be used to manage grid connections • US power demand jumps as Big Tech rolls out data centers for AI (Reuters) – Alphabet Inc’s Google unit is partnering with the largest electrical grid operator in North …
Google Deploys AI to Speed up Connections at PJM, Largest US Power Grid Read More »
Want to Cut Your Trade Surplus with Trump? Crude, LNG and Coal Can Help – A Bit: Russell
Amid the market carnage and turmoil created by U.S. President Donald Trump’s chaotic global tariff roll out and retreat, there are likely some clear trends that will emerge. One of these is that countries seeking to cut a deal with Trump will try to purchase more U.S. goods in order to lower their trade surpluses …
Want to Cut Your Trade Surplus with Trump? Crude, LNG and Coal Can Help – A Bit: Russell Read More »