Oil Advocate Kathleen Sgamma Withdraws Nomination to Lead US Land Bureau
Oil industry lobbyist Kathleen Sgamma has withdrawn herself from consideration to lead the U.S. Bureau of Land Management.
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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 …
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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 …
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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 …
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‘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 …
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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 …
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