Oil Prices Ease as Markets Weigh China Stimulus Hopes
Oil edged lower on Dec. 26 in light holiday trade as the dollar’s strength offset hopes for additional fiscal stimulus in China.
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Small Steps: The Continuous Journey of Drilling Automation
Incremental improvements in drilling technology lead to significant advancements.
Ormat Secures Acreage for Two Geothermal Power Plants
Ormat Technologies Inc. secured 1,678 acres from an auction hosted by Utah’s Bureau of Land Management.
FREYR Closes Deal for Trina Solar Manufacturing Assets
FREYR Battery said it anticipates the facility, located in Wilmer, Texas, first solar cell production in the second half of 2026.
Russia Declares Federal Emergency Over Black Sea Oil Spill
Russia declared a federal emergency on Dec. 26 over an oil spill in the Black Sea.
Venture Global’s LNG Tanker Heading Towards Germany, LSEG Data Shows
U.S. LNG company Venture Global LNG’s tanker Venture Bayou is currently stationed at the Plaquemines LNG export plant.
US Oil Exports to China Dwindle as Demand Wanes, Buying Shifts
Shift to electric vehicles, liquefied natural gas cut usage Europe remains biggest destination for American crude exports US crude exports to China plunged by almost half this year as shifts in the nation’s economy weighed on demand and it bought more barrels from other countries including Russia and Iran. Exports of US oil to China …
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FORCE, FORCE, FORCE! – The Green Army Will Keep Pushing Unrealistic Energy Transition in 2025 Despite “Reality” – Irina Slav
More From Irina Slav I was going to wrap this eventful year with a nice little post of gratitude but, as usual, the news flow has forced me to revise my plans. So much has happened in the last week days failing to report on it would be a real shame. You may want to …
Berry Corporation Announces Successful Completion of Refinancing Transactions, Extending Debt Maturities
DALLAS, Dec. 26, 2024 (GLOBE NEWSWIRE) — Berry Corporation (bry) (NASDAQ: BRY) (“Berry” or the “Company”) announced the closing of a comprehensive refinancing of its existing indebtedness on December 24, 2024 (the “Transactions”), providing the Company with capital and liquidity to continue progressing Berry’s corporate strategy: Ensuring capital and liquidity to execute on the Company’s …
US Natgas Prices Rise on Increased LNG Feedgas, Heating Demand
U.S. natural gas futures rose on Tuesday to hover near a 23-month high hit in the previous session, on an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants, and forecasts for more cold weather in January leading to increased heating demand than what was previously expected. Front-month gas futures …
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