2+ day, 14+ hour ago   (89+ words) Oil Soars as Hormuz Risks Rattle Markets Rigzone Oil Soars as Hormuz Risks Rattle Markets Brent oil spiked over $107 a barrel, the highest in nearly four months, as deteriorating conditions in the Middle East heightened concerns over global supplies. - Brent…...

2+ day, 14+ hour ago   (266+ words) Russia’s production of crude oil shrank in August, lagging further behind its OPEC+ quota, after Ukraine stepped up attacks on the nation’s oil assets. The country pumped an average of 8.718 million barrels a day of crude last month, the Organization…...

2+ day, 18+ hour ago   (504+ words) Enbridge Inc on Wednesday announced an agreement to buy Tallgrass Energy LP's crude oil business for $2.55 billion in cash. The acquisition includes a 75 percent stake in the Pony Express Pipeline, which carries up to about 460,000 barrels per day (bpd) of…...

2+ day, 19+ hour ago   (501+ words) The Department of Energy (DOE) has finalized a loan of up to $1.9 billion for NextEra Energy Inc to revive the Duane Arnold Energy Center, Iowa's only nuclear power plant. "Duane Arnold's restart will add 615 megawatts (MW) of reliable baseload power…...

2+ day, 19+ hour ago   (1031+ words) “The milestone many hoped to avoid has arrived,” Patrick De Haan, Head of Petroleum Analysis at GasBuddy, said in the blog. “The national average price of gasoline on Labor Day set a new record for the holiday, eclipsing the previous…...

3+ day, 14+ hour ago   (89+ words) Oil Surges as Attacks Escalate Rigzone Oil Surges as Attacks Escalate Brent oil topped $101 a barrel for the first time since July, as escalating attacks across the Middle East heightened concerns about further disruptions to energy flows out of the…...

3+ day, 20+ hour ago   (355+ words) Sapphire Gas Solutions said Tuesday it had acquired a small-scale liquefied natural gas (LNG) production facility in Ehrenberg, Arizona, part of its efforts to establish a leading vertically integrated merchant LNG platform in the United States. Desert Gas LNG, bought…...

3+ day, 20+ hour ago   (717+ words) The number of employees in the oil and gas extraction industry rose month on month, bucking a trend, data on the U.S. Bureau of Labor Statistics (BLS) website showed. According to preliminary figures included in the BLS data page, the number…...

3+ day, 20+ hour ago   (450+ words) Pre-revenue startup ONE Nuclear Energy LLC said Tuesday it has made "substantive" progress in pre-development work for a proposed advanced nuclear power plant with a capacity of one gigawatt (GW) in Louisiana. "The company has conducted initial nuclear siting and…...

3+ day, 20+ hour ago   (530+ words) The gas-fired facility, which has supplied NYISO Zone G since 1974, increases Houston, Texas-based PowerTransitions' capacity to about 1.8 gigawatts (GW) across eight power stations in the PJM, NYISO and ISO-NE markets, it said in a press release. Roseton's "scale and existing…...