Industry News

Nonetheless, TotalEnergies said it is targeting a 50 percent reduction in Scope 1 and 2 emissions from oil and gas upstream and downstream activities, excluding gas electricity generation, by the end of the decade compared to 2015 levels.

Iran stuck to its seven-day proposal for reopening the crucial Strait of Hormuz, saying it won't soften its conditions, while President Donald Trump sent mixed signals about his willingness to reach a deal.

The European Union opened the door to oil and gas importers getting an extra year to prepare for the bloc's methane reporting rules, in a bid to safeguard energy security amid disruptions caused by the Iran war.

Iraq's state-owned marketing company is offering buyers last-minute crude cargoes, according to people with direct knowledge of the matter, as sky-high freight rates complicate the purchase of shipments from deep inside the Persian Gulf.

Crude declined on hopes for a US-Iran breakthrough, though tight physical supplies continue to support the market.

President Donald Trump's economic advisers are analyzing the ramifications of a potential short-term ban on U.S. diesel exports, underscoring the seriousness of the administration's consideration of the idea.

Ukraine said it hit two more Russian oil refineries as the warring countries continue strikes against each other despite both sides earlier this week holding talks with the U.S., which wants targeting of energy assets to halt.

WhiteHawk completed acquisitions worth a total of $111.8 million including mineral and royalty natural gas assets in the Haynesville shale and the Appalachian Basin's Marcellus and Utica formations.

Spiritus signed three letters of intent with oil and gas operators in the United States Gulf Coast, Midwest and Rockies to supply over three million metric tons of carbon dioxide per year for enhanced oil recovery.

TotalEnergies' board reaffirmed the French energy giant's governance structure and a growth strategy that sticks with oil and gas while expanding integrated power.

INPEX raises its stake to over 68 percent.

The Netherlands wants to scrap mandatory gas storage targets under a revamp of the European Union's energy supply security rules after spending nearly EUR 1 billion this year to fill the country's reserves.

Oil rose as tight global supplies outweighed optimism over a potential US-Iran deal to reopen the Strait of Hormuz.

The U.S. Export-Import Bank is offering to lend up to $6 billion of financing for Argentina's signature natural gas project.

Exus now has nearly 310 MW of owned wind generation capacity in the state.

Commercial crude oil stocks, not including the SPR, came in at 426.39 million barrels on September 18, the EIA's latest weekly petroleum status report revealed.

ProPetro secured new contracts to supply about 230 megawatts of power to support Targa Resources' operations in the Permian Basin.

Saudi Arabia has sold almost 100 million barrels of oil to Asian buyers since the middle of last week, according to traders familiar with the matter.

'The Tilbury Phase 2 LNG expansion has been prioritized by the province as part of BC's Look West strategy for jobs and prosperity', British Columbia's government said.

Amplitude Energy announced that one of its workers had passed away following a shark attack.