Sweden looks to lend $23 billion to new nuclear power projects
(Oil Price)– Sweden’s government will ask the Parliament to approve state loans worth $23.4 billion (220 billion Swedish crowns) to companies to build nuclear reactors in the Scandinavian country. Sweden plans to build two new
Sweden looks to lend $23 billion to new nuclear power projects
(Oil Price)– Sweden’s government will ask the Parliament to approve state loans worth $23.4 billion (220 billion Swedish crowns) to companies to build nuclear reactors in the Scandinavian country. Sweden plans to build two new nuclear reactors by 2035 in a
Ecopetrol targets Brazil’s onshore oil and gas, eyes Petrobras Bahia Terra cluster
(World Oil)– Colombian oil producer Ecopetrol SA is pursuing oil and gas
Trump policies threaten US clean energy jobs engine, report says
(Investing.com)– Jobs in solar, wind and other clean energy industries grew three
What’s the real reason behind OPEC+’s surprise oil production boost?
(Oil Price)-OPEC+’s decision last week to increase its collective oil production has
Ecopetrol targets Brazil’s onshore oil and gas, eyes Petrobras Bahia Terra cluster
(World Oil)– Colombian oil producer Ecopetrol SA is pursuing oil and gas deals in Brazil that could include a cluster of onshore Petrobras fields in the northeastern state of Bahia. “We believe that Brazilian onshore has great potential, especially in
Trump policies threaten US clean energy jobs engine, report says
(Investing.com)– Jobs in solar, wind and other clean energy industries grew three times faster than in the rest of the U.S. workforce last year, according to a study published on Friday, warning that many of them could go due to
What’s the real reason behind OPEC+’s surprise oil production boost?
(Oil Price)-OPEC+’s decision last week to increase its collective oil production has surprised many, given the soft outlook for oil prices for the remainder of this year and into next. It is true that the 137,000 barrels per day (bpd)
Company to watch
Weekly Inventories
U.S. crude oil inventories decrease by 9.3 million barrels
Weekly Crude Oil Storage as of September 12, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 9.3 million barrels from the previous week. At 415.4 million barrels, U.S. crude oil inventories are 5%
Weekly Gas Storage: Inventories increase by 90 Bcf
Natural Gas Inventories as of September 12, 2025 The EIA has released its natural gas inventory report, showing a net increase of 90 Bcf as of September 12, 2025. Working gas in storage was 3,433 Bcf as of Friday, September
U.S. rig count increased by 2 is at 539
This week’s Baker Hughes Rig Count shows that the U.S. increased by 2 last week, resulting in a total count of 539 rigs. Canada had an increase of 5 over last week, resulting in a total Canadian count of 186
