Eni Starts Up Congo LNG Phase 2
Eni expects to dispatch phase 2's first LNG cargo 'early 2026'.
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EU Seals Deal to Phase Out Russian Gas by 2027
The EU reached a deal to phase out Russian gas faster than originally planned.
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Nearly 250 Energy Projects Gain EU PCI, PMI Status
The new list includes 113 electricity, smart electricity and offshore grid projects to accommodate the growing share of renewables.
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Crude Settles Lower on Peace Talk Jitters
Oil futures closed down with thin liquidity amplifying selling pressure amid expectations of a looming oversupply.
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EU Nearing Deal to End Russian Fossil Fuel Imports
The European Union is closing in on a deal to phase out Russian fossil fuels.
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Strategists Expect Over 3MM Barrel WoW USA Crude Stock Rise
Macquarie strategists, including Walt Chancellor, revealed that they are forecasting that U.S. crude inventories will be up 3.3 million barrels for the week ending November 28.
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Targa to Buy Rival for $1.25B
Natural gas pipeline operator Targa Resources Corp. reached a deal to buy smaller rival Stakeholder Midstream.
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Phillips 66 Closes Partial Sale of German, Austrian Fuel Retailer
Stonepeak and Energy Equation completed the acquisition of a 65 percent stake in JET from Phillips 66.
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EIA Sees Gasoline, Diesel Price Dropping in 2025, 2026
The EIA projected that the U.S. regular gasoline and U.S. on-highway diesel fuel retail price will drop both in 2025 and 2026 in its latest short term energy outlook.
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China Shale Oil Output Outlook Improving
In a BMI report sent to Rigzone by the Fitch Group recently, analysts at BMI, a Fitch Solutions company, said China's outlook for shale oil production is improving.