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Americas

Oil steadies as higher inventories balance U.S debt bill progress

Oil steadied as a potential pause in U.S. interest rate hikes and the passing of a crucial vote on the U.S. debt ceiling bill were offset by a report of rising inventories in the world's biggest oil consumer.

Global Energy Infrastructure launches Carbon Capture Storage projects database

To support the advancement and deployment of CCS, the new Global Energy Infrastructure Carbon Capture Storage database provides a comprehensive collection of information and data related to CCS projects worldwide.

Leadership changes announced at Gulf Energy Information

Gulf Energy Information, a century-old provider of information to the global oil and gas and energy industries, has announced changes to its leadership structure, effective August 1, 2023.

bp to use Honeywell’s Ecofining technology to increase SAF production worldwide

Honeywell announced that bp selected its Ecofining technology to help support the production of SAF at five facilities.

Oil slips as economic jitters offset U.S. debt deal

Oil prices slipped as economic worries over further interest rate hikes trumped a tentative debt ceiling deal reached in the U.S., possibly averting a default in the world's largest economy and oil consumer.

Oil climbs after U.S. leaders strike provisional debt deal

Oil prices rose in early Asian trade after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer.

ConocoPhillips to buy rest of Canada's Surmont oil site, bumping Suncor

ConocoPhillips said it was buying the 50% stake in the Surmont oil facility held by TotalEnergies' Canadian subsidiary for about $3 B, giving it full ownership and elbowing away rival Suncor Energy.

U.S. motorists kick off summer driving season with tame gasoline pricing

U.S. motorists are enjoying a so-called Goldilocks market, or one that is considered "just right," for gasoline.

Air Products signs $1-B deal for processing facility in Uzbekistan

Industrial gases maker Air Products and Chemicals said it had signed a $1-B deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.

Stellantis may ship fewer gas-powered vehicles to U.S. states with strict emissions rules

Chrysler-parent Stellantis said it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California's strict emissions rules.