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The Latest Breaking News from Rystad

OPEC+ boosts oil production after attacks on Iran and throughout region

Countries that are part of the OPEC+ oil cartel have announced they will boost production of crude oil

The Independent UK

Dense, sticky and heavy: why Venezuelan crude oil appeals to US refineries

South American nation’s tar-like oil is what many Gulf coast facilities were built for but ramping up production to 3m barrels a day will be a long game

The Guardian - UK

Revealed: Forecasts of greenhouse gas emissions from fossil fuels soar in Trump’s first 100 days

Even as Trump’s pledge to ‘drill, baby, drill’ is hampered by tariff chaos, analysis shows surge in planet-heating emissions

The Guardian - US

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Trump is vowing to tap America’s ‘liquid gold’ oil reserves to make America rich again

Donald Trump used his inauguration speech to pledge America's economy would be boosted by oil reserves. Shareholders in the industry are agnostic to his wishes.

Fortune

European imports of liquefied natural gas from Russia at ‘record levels’

Rystad Energy releases data days after Ukraine stopped flows of Russian gas through its pipelines

The Guardian - UK

Gas prices at one-year high in Europe amid Russian supply threat

Gazprom could stop flow of gas into continent as result of their legal battle with Austrian company OMV

The Guardian - UK

1 Top Energy Stock to Profit from Shale Industry Consolidation

Merger and acquisition activity in the U.S. oil and gas sector has surged to almost $200 billion in the past year. Not surprisingly, the country’s richest shale area - the Permian Basin - has been the focus of much of the activity over the past five years - and with…

Barchart

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World's 'most volatile' energy market

Bayswater and Eraring turbines were offline for maintenance in September.

Newcastle Herald

Europe plan for floating gas terminals raises climate fears

As winter nears, European nations, desperate to replace the natural gas they once bought from Russia, have embraced a short-term fix: A series of roughly 20 floating terminals that would receive liquefied natural gas from other countries and convert it into heating fuel

The Independent UK

Europe's Natural-Gas Crunch Sparks Global Battle for Tankers

Europe's energy crisis has unleashed a global battle over natural-gas tankers, leading to a shortage of ships and further boosting the fuel's record prices.

Bangkok Post

A lot more U.S. crude may be coming — eventually

Drilling permits jumped in the most prolific U.S. oil basin.

Axios

OPEC Holds Special Meeting to Ditch IEA Data

OPEC on Thursday held a brief extraordinary meeting to ditch the International Energy Agency from its list of trusted data contributors, an OPEC source said on Thursday. The meeting followed a regular policy decision meeting. Earlier this week, OPEC experts recommended ditching the IEA and choosing consultancies Rystad and Wood…

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