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News
Venezuela Deals Stack Up, But to What End?
3+ day, 6+ hour ago (290+ words) Energy Intelligence Venezuela Deals Stack Up, But to What End? To read the headlines, Venezuela's battered upstream sector appears to be on the cusp of an investment bonanza. The flurry of announced or mooted investments in the last couple weeks…...
Intense Skepticism Surrounds US' 'Historic' Venezuela Oil Deal
3+ day, 7+ hour ago (317+ words) Energy Intelligence Intense Skepticism Surrounds US' 'Historic' Venezuela Oil Deal A once little-known private oil producer in Venezuela has surged to prominence after the US announced an unprecedented partnership that aims to significantly grow oil production in the South American…...
Socar Dives Into US Shale With Haynesville Gas Deal
3+ day, 8+ hour ago (278+ words) Energy Intelligence Socar Dives Into US Shale With Haynesville Gas Deal Azeri national oil company (NOC) Socar is set to make its upstream debut in the US after signing a $1.65 billion deal with Texas-based gas producer Comstock Resources. The deal…...
Ukraine Strikes Russia’s Key Yamal Gas Hub
3+ day, 13+ hour ago (45+ words) Energy Intelligence Ukraine Strikes Russia’s Key Yamal Gas Hub Ukraine carried out an attack on Wednesday deep inside Russian Arctic territory, for the first time targeting an energy facility in Yamal, the country’s natural gas- and LNG-producing hub....
Russian-Flagged Tankers Multiply In Morphing 'Shadow Fleet"
4+ day, 11+ hour ago (58+ words) Russian-Flagged Tankers Multiply In Morphing 'Shadow Fleet' Energy Intelligence Russian-Flagged Tankers Multiply In Morphing 'Shadow Fleet' A growing number of Russian-flagged tankers, some operated by obscure entities from China, are loading up with crude oil at ports on the Baltic…...
China's EV Share Hits Record Despite Broader Auto Market Slump
4+ day, 13+ hour ago (52+ words) Energy Intelligence China's EV Share Hits Record Despite Broader Auto Market Slump China’s electric vehicle (EV) market slipped again in August, with sales down 10% from a year earlier, even as EVs captured a record 65% of a shrinking domestic auto market....
Vostok Oil Cements Moscow's Arctic Drive, Reliance on China
4+ day, 14+ hour ago (56+ words) Energy Intelligence Vostok Oil Cements Moscow's Arctic Drive, Reliance on China After a delay of two years, the launch of Rosneft's ultra-ambitious Vostok Oil venture in the Arctic became a reality last week, demonstrating the Russian industry's ability to carry…...
Argentina Flies Lawsuit Against Falklands Developer
5+ day, 8+ hour ago (58+ words) Energy Intelligence Argentina Flies Lawsuit Against Falklands Developer Argentina said it has filed criminal charges against Israel's Navitas Petroleum, operator of the Falkland Islands' first commercial offshore oil project. It has also threatened to sanction companies and executives involved in…...
Kuwait Defies Iran to Keep Hormuz Oil Shuttles Moving
5+ day, 10+ hour ago (53+ words) Energy Intelligence Kuwait Defies Iran to Keep Hormuz Oil Shuttles Moving Kuwait Petroleum Corp. (KPC) is quietly shipping crude through the Strait of Hormuz to global customers despite the risks, defying Iran’s efforts to control flows, a KPC official told…...
LNG Prices Rise Amid Lack of Mideast Resolution, Low EU Gas Stocks
5+ day, 11+ hour ago (68+ words) Energy Intelligence LNG Prices Rise Amid Lack of Mideast Resolution, Low EU Gas Stocks Spot LNG prices in Northeast Asia jumped $1.90 week on week to $25.70 per million Btu, according to Energy Intelligence assessments for deliveries four to eight weeks ahead....