EIR Says Qatari LNG Outage Will Shift Gas Market to Deficit
In a statement sent to Rigzone recently, Enverus Intelligence Research (EIR) outlined that the Qatari LNG outage will…
Australia to Build Up 1B-Liter Fuel Reserve
The Australian government said Wednesday it will include a AUD-10 billion ($7.26 billion) Australian Fuel Security and Resilience…
Australia to Require Up to 25 Pct of Gas Production for Local Market
Australia will require natural gas exporters to reserve as much as a quarter of new production for domestic…
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…