Prima Energy to buy 28% stake in Jadestone Energy
Prima Energy has signed an agreement to acquire approximately 28.3% of Jadestone Energy’s issued share capital from funds managed by Tyrus Capital.
Read Full ArticleChinese Refiners Pay Record Premiums for Russian ESPO Crude
Chinese refiners are paying a hefty premium for Russia’s ESPO crude to replace Iranian crude that independent refiners were importing before the U.S. installed its …
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Chevron to invest more than $7bn in Venezuela oil ventures
Chevron has agreed updated terms with Venezuela for its JVs, paving the way for investments of more than $7bn over the next five years.
Read Full ArticleAsian LNG Prices Surge to Highest Since 2022 as Iran War Escalates
Spot LNG prices for Asian buyers went up to almost $26 per million British thermal units yesterday for a 5% weekly gain following the resumption …
Read Full ArticleAsian Oil Buying Spree Sends Dubai Crude Toward $100
Stronger appetite for Middle Eastern crude grades from China and India has added upward pressure on prices for these grades, pushing the Dubai futures close …
Read Full ArticleWhy Uranium Stocks Are Falling as U.S. Production Triples
U.S. uranium production is climbing from a base so depleted that a threefold increase still leaves America dependent on imports for most of its reactor …
Read Full ArticleU.S. SPR Depletion Threatens Further Oil Price Volatility
Crude oil prices are on their way up again, driven by the latest flare-up of hostilities in the Persian Gulf—but they are also up because …
Read Full ArticleWhite Hydrogen Drilling Push Gains Momentum Across Three Continents
Scientists and start-ups believe naturally occurring hydrogen could be the next major geological breakthrough, unleashing huge amounts of hydrogen to power the clean energy transition. …
Read Full ArticleSuperhot Geothermal Just Got A $180 Million Vote Of Confidence
As the artificial intelligence boom drives major energy demand growth and catalyzes an all-of-the-above approach to energy development, enhanced geothermal energy is catching a windfall …
Read Full ArticleU.S. Diesel Prices Close In on April War Peak
A diesel-price shock may be approaching Western economies. That's because the industrial fuel sits at the epicenter of freight, agriculture, construction, and heavy industry; soaring …
Read Full ArticleChevron Bets $7 Billion on Venezuela Oil Expansion
Chevron will invest more than $7 billion in Venezuela over the next five years and more than double its oil production in the country to …
Read Full ArticleBudget Airline Warns Jet Fuel Shock Could Wipe Out Rivals
Ryanair has warned that the price of jet fuel could soar next summer, threatening some of its European competitors with collapse. The budget airline said …
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