China Oil Demand Will Peak Earlier Than Expected, IEA Says
China's oil demand will stop growing earlier than expected, reinforcing the outlook for a global peak and prolonged supply surplus this decade, the IEA said.
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Duke Energy Plans Rate Increase
'This proposal reflects the investments we have made to strengthen the grid, improve storm readiness, maintain and enhance our generating fleet, and serve a growing customer base'.
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Trump Ups Pressure on Iran, Fueling Fears US Will Join Conflict
Israel and the US are ratcheting up pressure on Iran, fueling fears that Washington may be preparing for a more direct intervention alongside its closest Middle East ally.
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Mitsubishi Said To Be in Advanced Talks on $8B Aethon Deal
This would be the Japanese conglomerate's biggest ever acquisition.
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Perenco Invests in New Offshore Infrastructure in Congo
Perenco is building a new platform to recover approximately 7 million cubic feet of gas per day in the Kombi-Likalala-Libondo II permit area.
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Petronas, F1 Team Join Hands to Support Research on Mangrove CCS
Petronas and the Mercedes-AMG Petronas F1 Team agreed to launch a South-South initiative to study carbon capture and storage in mangrove ecosystems.
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Petronas Enters into New Partnerships with Eni, TotalEnergies
Petronas signed a deal with Eni to combine their upstream assets in Malaysia and Indonesia and separately penned multiple agreements with TotalEnergies for several Malaysian and Indonesian blocks.
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Trump Plays Down Iran-Israel Ceasefire as He Leaves G7 Early
Trump left the Group of Seven leaders meeting in Canada early to deal with the Israel-Iran conflict, but played down the chances of a ceasefire.
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EU Needs $279B Investment in Traditional Nuclear through 2050: Commission
EU member states need around EUR 241 billion through 2050 to grow the share of conventional nuclear in their energy mix toward meeting their decarbonization, industrial competitiveness and energy security goals.
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Chevron Lummus, Neste Make Progress on New Waste-to-Fuel Tech
'Neste and CLG are currently validating the technology and targeting readiness to scale up the technology to commercial scale'.