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Glenfarne, Baker Hughes Announce Definitive Agreements to Advance Alaska LNG

WASHINGTON–(BUSINESS WIRE)–Alaska LNG, majority owned and developed by Glenfarne Alaska LNG, LLC (Glenfarne), and Baker Hughes (NASDAQ: BKR), an energy technology company, today announced a strategic alliance to advance the Alaska LNG Project. Glenfarne has selected Baker Hughes as its supplier for main refrigerant compressors for the LNG terminal and power generation equipment for the …

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Brazilian Oil Firm Petrobras’ Workers Approve Potential Strike

RIO DE JANEIRO, Nov 10 (Reuters) – Organized workers from Brazilian state-run oil firm Petrobras (PETR3.SA), opens new tab rejected a work agreement offered by the company and its subsidiaries, which prompted the approval of a “state of strike,” the workers’ union said in a statement on Monday. According to the union, the motion approved …

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US Energy Secretary Says Biggest Use of Loan Office Will Be For Nuclear Power Plants

WASHINGTON, Nov 10 (Reuters) – U.S. Energy Secretary Chris Wright said on Monday the biggest use of the Department of Energy’s Loan Programs Office will be for nuclear power plants. The LPO has hundreds of billions of dollars in financing aid, including loan guarantees for projects that struggle to get bank loans. During President Donald …

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US Natgas Hits Eight-Month Peak on Cold Weather, Robust LNG Export Flows

(Reuters) – U.S. natural gas futures scaled an eight-month peak on Monday, buoyed by robust flows to liquefied natural gas (LNG) export plants and cold weather. Front-month gas futures for December delivery on the New York Mercantile Exchange rose 0.5%, to settle at $4.338 per million British thermal units (mmBtu). The contract had climbed to …

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Venture Global Posts Third-Quarter Profit on Strong LNG Demand

Venture Global posted a third-quarter profit on Monday, compared to a year-ago loss, helped by increased output from its Plaquemines liquefied natural gas plant in Louisiana and strong LNG demand. Shares of Venture Global were up 6.4% in premarket trade. The U.S. is the world’s largest exporter of LNG with a record 10.1 million metric …

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Venture Global Swings to Third-Quarter Profit on Record LNG Exports, New Supply Deals

(Reuters) – Venture Global swung to a profit in the third quarter, it reported on Monday, as record liquefied natural gas exports and a flurry of new long-term supply deals boosted earnings. The company’s shares jumped 10% in premarket trading. The U.S. exported a record 10.1 million metric tons of LNG in October, making it the …

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Chevron Investor Day Puts Spotlight on Post-Hess Strategy

Summary Chevron to provide guidance through end of this decade Oil firm has opportunities for growth after Hess Investors eye updates on Kazakhstan talks and new power ventures Reuters) – When Chevron  executives and top shareholders convene in New York City on Wednesday for the oil producer’s investor day, portfolio managers will be eager to hear …

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Robot Safety in Industrial Environments: Why Certification Matters

Across North America — from oil and gas facilities in Texas to chemical plants and offshore platforms — robotics are transforming how industrial operations function. As these systems increasingly share space with human workers, one question becomes critical: are they certified to operate safely?  The Critical Role of Certification  Modern industrial robots are no longer …

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Crude Off Session Highs; Canceled US Flights Rein in Jet Fuel

By Erwin Seba US crude stocks rose more than expected last week Private reports suggest US labor market weakened in October Gunvor withdraws proposal to buy Lukoil’s overseas assets HOUSTON, Nov 7 (Reuters) – Crude prices fell off session highs as demand for jet fuel turned soft ahead of the holiday travel season because the …

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US Drillers Add Oil and Gas Rigs for Third Time in Four Weeks, Says Baker Hughes

By Scott Disavino Rig count still 6% below last year, despite recent increase Gas rigs reach highest level since August 2023 EIA projects rise in crude and gas output in 2025 NEW YORK, Nov 7 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, …

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