Europe
Bioenergy/Biomass , Geothermal , RNG , Renewables , Energy Storage , Solar , Hydrogen , Wind , International
Energy Transition in Motion (Week of May 31, 2024)
Here is a look at some of this week’s renewable energy news.
International , Crude Oil
Paisie: Oil Prices to Range Between $86-$88 in Second Half of 2024
Supply and demand dynamics overtake geopolitical instability from the Middle East to Ukraine in influencing oil prices.
Discoveries , Deepwater , Field Development , Reservoir Evaluation , Highlights , Completions , Subsea
E&P Highlights: May 28, 2024
Here’s a roundup of the latest E&P headlines, including production start up at a field using an innovative emissions reduction technology.
Solar , Wind , Renewables , Hydrogen , Energy Storage , Geothermal , Bioenergy/Biomass , International
Energy Transition in Motion (Week of May 24, 2024)
Here is a look at some of this week’s renewable energy news, including a ‘breakthrough’ for enhanced geothermal systems.
Liquefied Natural Gas (LNG) , Legislation , Trade
Despite Sanctions Russia Still World’s Fourth Largest LNG Exporter
Russia ranked as the world’s fourth-largest LNG exporter in 2023, sending out cargoes of 30 mtpa. Russia’s LNG capacity could surpass 74 mtpa capacity by 2030, according to details published by Flex LNG.
Compression , Service & Supply , Service Contracts
Baker Hughes to Supply Compression Trains for Algerian Field
Baker Hughes will supply 20 compression trains, which are expected to boost gas production at Alergia’s Hassi R’ Mel gas field.
Exploration & Production , International
Up to 50 Firms Seek US Oil Licenses in Venezuela, Official Says
Washington aims to prioritize issuing licenses to companies with existing oil output and assets over those seeking to enter the sanctioned OPEC nation for the first time, sources told Reuters.
Liquefied Natural Gas (LNG)
UK's National Grid Seeks Buyer for Europe's Biggest LNG Terminal
Grain LNG terminal in Britain, Europe's largest such facility, will soon have the capacity to store and deliver enough gas to meet its target of about a third of the U.K.'s gas demand.
Renewables , Acquisitions & Divestitures
Iberdrola Scoops Up Rest of US Renewables Firm Avangrid in $2.6B Deal
Iberdrola said its acquisition of the remaining stake in Avangrid Inc. is intended to increase its exposure in the U.S.
International , Natural Gas , Crude Oil
BP CEO: Final Permian Processing Facility to Come Online by Mid-year
BPX Energy, BP’s Houston-based subsidiary, plans to bring on its fourth and last Permian Basin processing facility in mid-year 2025, CEO Murray Auchincloss said.