Gunvor Snapped Up North Sea Oil During Futures-Market Tumble
The North Sea crude market, home to the world's most important physical oil-price benchmark Dated Brent, often sees individual traders taking relatively large positions.
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WTI Falls Below $60 Amid Trade War Escalation
Crude hit a 4-year low after Trump's new tariffs stoked recession fears.
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Macquarie Strategists Forecast Over 9MM Barrel WoW USA Crude Inventory Rise
Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be up by 9.3 million barrels for the week ending April 4.
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US DOE Plans to Offer Sites for Co-Located Data Centers, Energy Facilities
The DOE has identified 16 potential sites including national labs.
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ENEOS Becomes New C2X Investor
ENEOS and C2X Ltd. existing shareholders AP Moller Holding and AP Moller-Marsk agreed to invest $100 million in the green methanol developer.
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WPC JV, Targa Make FID on Traverse Pipeline Along Gulf Coast
The Traverse Pipeline will be constructed and operated by WhiteWater and is expected to be in service in 2027.
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Matador Exits Eagle Ford
Matador is focusing on the 'more prolific' Delaware Basin.
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North America Keeps Rig Loss Streak Going
North America cut 12 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
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BW Energy Extends License for Golfinho Offshore Brazil
The production phase under the Golfinho concession contract has been extended to 2042 from 2031.
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World Bank Approves Philippine Loan for RE Scale-Up
The Philippines secured an $800-million loan from the World Bank to widen the country's adoption of renewable energy, bolster its electricity market and improve its water utility management.