Trio Suspends McCool Ranch Ops, M&A Citing Commodity Prices
Trio Petroleum said its work at the McCool Ranch in California will halt and that it will terminate efforts to acquire a working interest in the project.
Latest
Decline in Drilling Permits Points to Production Plateau
U.S. producers are incrementally cutting back—on spending, drilling and permitting—to navigate evolving volatility, including the Permian Basin where permits declined by as much as 20% since January.
Glenfarne Announces Partnership With Worley and Commencement of Final Engineering for the Alaska LNG Pipeline
Alaska LNG Strategic Partner Process Also Launched ANCHORAGE, Alaska & NEW YORK–(BUSINESS WIRE)–Glenfarne Alaska LNG, LLC (“Glenfarne”), a subsidiary of Glenfarne Group, LLC, and majority owner and lead developer of Alaska LNG, a joint venture with the State of Alaska’s Alaska Gasline Development Corporation, has selected Worley to undertake additional engineering and prepare a final …
A Critical Time in the Critical Minerals Space
The Trump administration is trying to position direct lithium extraction, deepsea mining and battery materials-focused companies to grow domestic resources and loosen China’s grip on the global supply chain.
Glenfarne Secures Worley as Alaska LNG FID Nears
Glenfarne anticipates reaching a final investment decision on the 807-mile, 42-inch Alaska LNG pipeline in 2025.
South Africa Proposes LNG Import Deal to US
The decade-long proposed deal could bring into the U.S. more than $1 billion annually, according to South Africa’s government.
E&P Highlights: May 27, 2025
Here’s a roundup of the latest E&P headlines, including new production offshore Brazil and new mapping for three U.S. basins.
Schneider’s New Innovation Center Is Open for Business
Schneider Electric’s flagship Energy Innovation Center is a key to integrating AI into the energy business.
Tesla’s Monthly Sales in Europe Plunge by Half, Signalling Musk Backlash Runs Deep
Tesla has been reeling from protests and boycotts over Musk wading into politics, but it also faces other factors The Associated Press Tesla’s monthly sales in Europe plunge by half, signalling Musk backlash runs deep Tesla sales across Europe plunged by half last month even as growth in the electric car market picked up pace, according to data released Tuesday. …
Tesla’s Monthly Sales in Europe Plunge by Half, Signalling Musk Backlash Runs Deep Read More »
Saudi’s Refining Boom Helps it Weather Oil Price War: Bousso
Saudi Arabia has been cranking up oil refining operations to capture strong profit margins, helping the kingdom offset revenue lost from declining crude prices and exports. The world’s top oil exporter has in recent years invested heavily in expanding and modernizing its refining and petrochemical capacity at home and overseas to meet growing demand for …
Saudi’s Refining Boom Helps it Weather Oil Price War: Bousso Read More »