energy News
China’s Oil Stockpiling Sets Strong Demand Floor in Softening Market
Beijing's accelerated build-up of strategic reserves is absorbing surplus supply, providing key support for prices amid forecasts of a global glut.
SLB Shares Climb on Major Malaysia Deepwater Contract Win
OneSubsea joint venture secures two 'sizable' EPC contracts from PTTEP, strengthening SLB's foothold in the growing Southeast Asian offshore market.
Jerry Jones Solidifies $1B Bet on Comstock for Natural Gas Push
Dallas Cowboys owner's total investment in the energy producer now exceeds $1 billion, fueling a high-stakes drilling campaign in Texas's Haynesville Shale.
Cameco Jumps on US Nuclear Partnership to Power AI Growth
Shares rise as Cameco and Brookfield join a U.S. government initiative to deploy Westinghouse nuclear reactors, signaling a major policy shift.
US Backs Nuclear Energy with $80bn Cameco, Brookfield Deal
Strategic partnership aims to fast-track Westinghouse reactors, citing energy security and soaring power demand from AI.
IEA Warns of Looming Oil Glut, Signaling Headwinds for Energy Rally
A projected supply surplus of up to 4 million barrels per day by 2026 threatens to cap crude prices after a period of strong gains, according to the energy watchdog.
US Energy Stocks Gain as New EU Sanctions on Russia Propel Oil Prices
WTI crude surges on fresh sanctions targeting Russian oil and LNG, boosting prospects for major producers like ExxonMobil and Chevron.
Baker Hughes Surges on Major Aramco Gas Expansion Contract
Energy services giant to more than double its specialized drilling fleet in Saudi Arabia, deepening its strategic partnership with the state oil company.