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Rooftop Solar Now 4th Largest Source of Electricity in Australia
Collectively, rooftop solar is now the second largest source of renewable electricity generation in Australia, behind wind energy generation.
8:00 PM EST | April 17, 2024
Analyst Says USA Influence on Middle East Seems to be Fading
'U.S. sanctions on Iran had greatly impacted reported volumes in 2018-20, but such volumes appear to have been brought back online,' a Senior Associate at Enverus Intelligence Research told Rigzone.
8:00 PM EST | April 17, 2024
How Likely Is an All-Out War in the Middle East Involving the USA?
And what would that mean for oil prices?
8:00 PM EST | April 17, 2024
USA to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly
The U.S. plans to allow a Treasury Department license permitting oil and gas production to expire without renewal on Thursday, according to people familiar with the plan.
8:00 PM EST | April 16, 2024
DOI Announces New Decommissioning Rule
'Under the new rule, BOEM estimates industry will be required to provide $6.9 billion in new financial assurances to protect American taxpayers from assuming industry decommissioning costs'.
8:00 PM EST | April 16, 2024
Sempra Unit Makes FID on $550MM California Wind Project
The Cimarron wind project will total approximately 320 megawatts of wind capacity.
8:00 PM EST | April 16, 2024
Senator Cardin Says Congressional Leaders Discussing Iran Oil Sanctions
The Stop Harboring Iranian Petroleum Act passed out of committee Tuesday.
8:00 PM EST | April 16, 2024
Will Iran's Attack on Israel Impact USA Gasoline Prices?
Rigzone speaks to several analysts to get their take.
8:00 PM EST | April 16, 2024
Namibia Expects FID on Potential Major Oil Discovery by Yearend
'We understand that the quantities are large but we still have to test the commercial viability of this oil'.
8:00 PM EST | April 16, 2024
Where Do We Go From Here, Oil Analyst Asks After Iran Attack
Is this the start of a direct war between Israel and Iran?
8:00 PM EST | April 16, 2024
Wildfire-Hit Western Canada Gas Pipeline Remains Operational: TC Energy
TC Energy has put offline a section of its NGTL System natural gas pipeline in western Canada after a rupture caused by a wildfire but said the gas gathering and transport network remains operational.
8:00 PM EST | April 16, 2024
House Votes to Sanction China's Purchase of Iranian Oil
The legislation was approved by a 383-11 vote.
8:00 PM EST | April 15, 2024
Canadian Well Plugging Firm Gears Up for IPO
The company deploys crews to decommission orphaned oil and gas wells nationwide and generate carbon offsets.
8:00 PM EST | April 15, 2024
An Already Bad Situation in the Red Sea Just Got Worse
'An already bad situation in the Red Sea and Gulf of Aden has just got worse,' Xeneta Chief Analyst Peter Sand said.
8:00 PM EST | April 15, 2024
USA Regional Banks Dramatically Step Up Loans to Oil and Gas
A group of U.S. regional banks is ratcheting up lending to oil, gas and coal clients.
8:00 PM EST | April 15, 2024
Oil Markets Were Already Positioned for Iran Attack
'The market had been bracing for this scenario', analysts at FGE said.
8:00 PM EST | April 15, 2024
Is The Iran Nuclear Deal Revival Project Dead?
'There has been no meaningful progress on either side', the President of Transversal Consulting told Rigzone.
8:00 PM EST | April 14, 2024
House to Vote on China's Iranian Oil Imports After Israel Attack
The U.S. House of Representatives is poised to vote Monday on legislation aimed at countering China's purchase of Iranian crude oil.
8:00 PM EST | April 14, 2024
EIA Raises WTI Oil Price Forecasts
The U.S. Energy Information Administration raised its West Texas Intermediate oil price forecast for 2024 and 2025.
8:00 PM EST | April 14, 2024
What's Next for Oil? Analysts Weigh In After Iran's Attack
Oil futures were barely moved by Iran's unprecedented attack on Israel.
8:00 PM EST | April 14, 2024
Japan's Mizuho Invests $3.64MM in Bison's CCS Project in Alberta
Bison's Meadowbrook CCS Hub project, located near Edmonton, Alberta, aims to develop a world-scale storage operation with a capacity of three million tons of CO2 per annum.
8:00 PM EST | April 14, 2024
Equinor Advances First Battery Storage Projects in USA
The two projects have a combined total capacity of 110 MW, providing a valuable source of energy security for the Texas grid once operational.
8:00 PM EST | April 14, 2024
Macquarie Strategists Warn of Large Oil Price Correction
Macquarie strategists said they 'expect oil to turn bearish as the year progresses'.
8:00 PM EST | April 11, 2024
USA, Venezuela Secretly Meet in Mexico as Oil Sanctions Deadline Nears
U.S. officials met secretly this week with members of Venezuelan President Nicolás Maduro's administration.
8:00 PM EST | April 11, 2024
BLS Flags Gasoline Role in March Consumer Price Index
'The index for shelter rose in March, as did the index for gasoline'.
8:00 PM EST | April 11, 2024
Biden Plans Sweeping Effort to Block Arctic Oil Drilling
The initiative, set to be finalized within days, marks one of the most sweeping efforts yet by Biden to limit oil and gas exploration on federal lands.
8:00 PM EST | April 11, 2024
EIR Says Oil Demand Will Not Peak Before 2030
'EIR expects global oil demand to grow to approximately 108 million barrels per day by 2030'.
8:00 PM EST | April 11, 2024
Canadian Green H2 Project Gets Environmental Green Light
Project Nujio'qonik will be Canada's first commercial green hydrogen/ammonia producer created from over three gigawatts of renewable electricity through wind projects.
8:00 PM EST | April 11, 2024
IEA Warns Attacks on Russia Refineries May Disrupt Diesel Market
Ukrainian drones have ramped up attacks on Russia's oil industry this year in an attempt to disrupt fuel supplies to the military and curb the Kremlin's revenue.
8:00 PM EST | April 11, 2024
Bayou Bend CCS Taps Sulmara for Geo Survey
'The quality of the data gathered is some of the best we've seen from a USV'.
8:00 PM EST | April 11, 2024
Russia Destroys Largest Power Plant in Ukraine's Kyiv Region
A sweeping Russian missile attack on Ukraine destroyed the largest power generating plant in the Kyiv region.
8:00 PM EST | April 10, 2024
North Sea Countries Team Up for Infrastructure Protection
'Damage to energy pipelines and subsea fiber optic cables has placed the resilience and security of critical underwater infrastructure in the North Sea high on the agenda'.
8:00 PM EST | April 10, 2024
NERC SVP Says Today's Threat Landscape is Dynamic
The Senior Vice President of the North American Electric Reliability Corporation said today's threat landscape is dynamic, presenting challenges that are increasingly difficult to detect and protect against.
8:00 PM EST | April 09, 2024
Eni's Plenitude Starts Construction of Renopool Solar Park in Spain
Eni-controlled renewable energy company Plentitude has started the construction of the Renopool solar park in Extremadura.
8:00 PM EST | April 09, 2024
Russian Oil Is Once Again Trading Far Above the G-7 Price Cap Everywhere
Russian oil is trading far in excess of a Group of Seven price cap that's supposed to deprive Moscow of revenue for its war in Ukraine.
8:00 PM EST | April 09, 2024
Dryad Flags Red Sea 'Electronic Warfare' Alert
In its latest Maritime Security Threat Advisory, Dryad Global flagged an 'electronic warfare/interference' alert in the Red Sea.
8:00 PM EST | April 09, 2024
JPMorgan CEO Says LNG Projects Delayed Mainly for Political Reasons
'The projects were delayed mainly for political reasons, to pacify those who believe that gas is bad and that oil and gas projects should simply be stopped'.
8:00 PM EST | April 09, 2024
EverWind Green Hydrogen Nova Scotia Project Advances with FEED Completion
The green hydrogen project of EverWind Fuels in Nova Scotia is progressing.
8:00 PM EST | April 09, 2024
EC Confirms List of 166 Energy Projects to Meet EU Climate Objectives
The projects will benefit from streamlined permit-granting and regulatory support.
8:00 PM EST | April 09, 2024
One Dead in PEMEX Platform Fire
PEMEX revealed that a fire broke out on one of the platforms of the Akal-B Process Center in the Campeche Sound.
8:00 PM EST | April 08, 2024
Prepare for Higher Prices, Chief Commodities Analyst Warns
Prepare for more turmoil, lower inventories, and higher prices, Bjarne Schieldrop, the Chief Commodities Analyst at SEB said in a report sent to Rigzone.
8:00 PM EST | April 08, 2024
NESA On Track to Support 700+ People Access Fully Funded ET Course Places
'NESA has made over 700 fully funded places available to people from postcodes in Aberdeen city, Aberdeenshire, and Moray over the academic year 2023/24'.
8:00 PM EST | April 08, 2024
Russia's Revenue Jumps in First Quarter as Oil Prices Rise
Russia reported a sharp increase in revenue in the first quarter due in part to one-time tax payments and rising oil prices.
8:00 PM EST | April 08, 2024
Woodside-Led JV Teams Up with Yara for CCS in Western Australia
Yara Pilbara and Angel CCS will study whether CCS can be used to decarbonize the current operations in the Burrup Strategic Industrial Area.
8:00 PM EST | April 08, 2024
Zurich Insurance to Halt Coverage of New Fossil-Fuel Exposures
Zurich Insurance Group AG will no longer underwrite new oil and gas projects.
8:00 PM EST | April 07, 2024
Exxon on Track With UK Refinery Expansion Just as Others Shut Capacity
Europe is set to lose crude-processing and diesel-making capacity from 2025, just as the Exxon expansion at Fawley reaches full pelt.
8:00 PM EST | April 07, 2024
Draft Energy Transition Related Principles Published for North Sea Players
'Stakeholders in the UK offshore sector will be asked to commit to a set of principles to help the sector achieve the energy transition through digitalization'.
8:00 PM EST | April 07, 2024
Baker Hughes to Provide Cedar LNG with Electric-Driven Tech
Baker Hughes will supply a range of turbomachinery equipment, including four electric-driven main refrigeration compressors.
8:00 PM EST | April 07, 2024
Senegal's New Leader Announces Audit of Oil, Mining Industries
The West African nation is preparing to open the taps this year on the $4.8 billion Grand Tortue Ahmeyim liquefied natural gas project.
8:00 PM EST | April 05, 2024
Equinor Converts Sleipner Field to Onshore Power
The electrification project will reduce annual CO2 emissions from the Norwegian continental shelf (NCS) by 160,000 metric tons annually.
8:00 PM EST | April 04, 2024