Oil Gains After OPEC+ Opts for Modest Output Hike
Oil prices rose on Sept. 8 after OPEC+ opted for a modest output hike and investors priced in the possibility of more sanctions on Russian crude.
MPLX Closes $2.4B Northwind Midstream Acquisition
The deal expands MPLX’s sour gas gathering and treating capacity in the Delaware Basin.
What’s Affecting Oil Prices This Week? (Sept. 8, 2025)
Over the weekend, members of OPEC+ agreed to increase supply in October by 137,000 bbl/d, which represents the initial unwinding of supply cuts of 1.65 MMbbl/d – and more than one year ahead of schedule.
Kremlin Says Sanctions Will Never Force Russia to Change course
The Kremlin said on Monday that no sanctions will ever be able to force Russia to change course on Ukraine, just hours after both the United States and European Union indicated they were considering additional sanctions. The West has imposed thousands of different sanctions on Russia over the 2022 war in Ukraine and the 2014 …
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China Oil Demand to Peak in 2027, up 100,000 Bpd This Year, State researcher says
China’s total oil demand including all products is set to peak in 2027, with a rise of about 100,000 barrels per day this year driven by increased volumes from the petrochemicals sector, a state oil researcher said on Monday. Surging usage of electric vehicles in China, the world’s biggest oil importer, is eroding fuel demand, …
China Oil Demand to Peak in 2027, up 100,000 Bpd This Year, State researcher says Read More »
Japan Hires Wood Mackenzie to Assess Trump-Backed Alaska LNG Project
Japan has hired energy consultancy Wood Mackenzie to assess a proposed 800-mile Alaska gas pipeline and LNG plant in a sign it is weighing support for the $44 billion project touted by U.S. President Donald Trump, two sources with knowledge of the matter said. The assessment could help assuage lingering concerns among potential Japanese off-takers …
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Trump Ready for ‘Phase Two’ of Russia Sanctions Over Ukraine Conflict
U.S. President Donald Trump said on Sunday he is ready to move to a second phase of sanctioning Russia, the closest he has come to suggesting he is on the verge of ramping up sanctions against Moscow or its oil buyers over the war in Ukraine. Trump has repeatedly threatened Moscow with further sanctions but …
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Robots in the Danger Zone: Certification Meets Innovation
By Microwatt Controls. For over four decades, Microwatt has proudly stood at the forefront of industrial safety, gas detection, and automation solutions. We’ve been trusted partners to organizations across Western Canada, helping shape safer, smarter, and more connected industrial environments. As we celebrate our 41st year, we’d like to thank our customers and partners for …
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From Data to Insight: How Surveillance is expanding the Boundaries of SCADA
By Jason Chiu Axis Q196-LTE Overlooking Power Station Supervisory Control and Data Acquisition (SCADA) systems have been the workhorses of energy infrastructure for decade. They quietly collect data, monitor equipment, and help automate everything from grid operations to substation controls. But for all their strengths, SCADA systems have a critical blindspot: they can’t see what’s …
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OPEC+ Set to Raise Oil Output Further From October, Iraq Says
OPEC+ is set to agree to further raise oil output on Sunday, while probably slowing the pace of increases from October compared with recent months because of weakening global demand, an Iraqi official and OPEC+ sources said. OPEC+, which includes the Organization of the Petroleum Exporting Countries plus Russia and other allies, has reversed its …
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