Kinder Morgan Launches Oil and Gas Earnings Season with Positive Outlook Driven by High Demand from Data Centers
Kinder Morgan kicks off oil and gas earnings season with a bullish outlook, in part thanks to thirsty data centers While most of the nation’s power focus is on servicing the rise of data centers and AI, the biggest driver of natural gas demand is exports and the rapid buildout of liquefied natural gas terminals […]
UAE Launches Annual Oil and Gas Summit, Promises to Boost Production Despite Declining Prices
The UAE opens its annual oil-and-gas summit, pledging to increase output even as prices have fallen ABU DHABI, United Arab Emirates (AP) — The United Arab Emirates opened its annual oil-and-gas summit on Monday with pledges to increase energy output even as global prices have fallen and world politics remain uncertain ahead of the U.S. […]
Chinese Giant Launches New Oil Development Project in the South China Sea
Chinese giant brings another oil development project online in South China Sea Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has started production from an oilfield development project in the South China Sea ahead of schedule. CNOOC, which operates and holds 100% interest in the Xijiang 30-2 oilfield Xijiang 30-1 Block development […]