New Mexico examines proposed oil drilling setbacks that could impact production and state revenue, sparking debate on public health versus economic needs.
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In the News
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Chevron Nigeria’s new shallow offshore discovery in the Western Niger Delta boosts Nigeria’s oil reserves, with further appraisals planned to assess viability.
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U.S. Treasury now allows mining companies to access clean energy tax credits, promoting domestic production of critical minerals crucial to climate goals.
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Europe faces rising costs and regulatory delays as it struggles to meet its offshore wind targets, with industry leaders urging improvements to meet the region’s renewable energy goals.
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Federal regulators approved a 3-year extension for Golden Pass LNG plant as Exxon and Qatar Energy address delays due to contractor bankruptcy
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South Africa’s renewable energy registrations surged by 2 GW in Q3 2024, indicating a shift from loadshedding concerns to the economic and sustainability benefits of renewables.
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Energy TransitionIn the NewsMarketsOil & Gas
US Crude Stockpiles Surge as Imports Rise, Refineries Ramp Up
KEY POINTS • U.S. crude inventories increased by 5.5 million barrels, driven by higher imports.• Gasoline stocks rose unexpectedly by 900,000 barrels as refineries ramped up production.• Distillate stockpiles fell …
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Harbour Energy is selling North Sea oilfield stakes and reviving plans for a U.S. listing as UK tax hikes impact investments.
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The City of Tshwane invites bids for the supply, delivery, and installation of photovoltaic streetlight luminaires for safer, off-grid public road lighting
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Zimbabwe connects over 1,000 rural institutions to electricity, boosting healthcare and aligning with its 2030 modernization goals