South Sudan Asks Crude Producers for $2.5B Pre-Payment
South Sudan is asking crude producers for a total pre-payment of $2.5 billion, which it intends to refund…
There Are Signs the Supply Glut Is Now Hitting the Market
There are signs that the long-anticipated supply glut is now hitting the market, with the six-month and 12-month…
Iberdrola Acquires 270 MW BESS Project in South Australia
Iberdrola SA bought the 270-megawatt (MW), 1,080-megawatt-hour (MWh) Tungkillo battery energy storage system (BESS) project in South Australia…
Australia Approves Extension for Woodside-Operated NWS Project
The Australian government has granted environmental approval to the Woodside-operated North West Shelf (NWS) project extension. Minister for…
USA EIA Increases 2025 USA Oil Production Forecast
The U.S. Energy Information Administration (EIA) increased its U.S. crude oil production forecast for 2025 in its latest…