'Five projects will conduct field-scale enhanced geothermal systems tests to validate technologies under real-world conditions, while 16 additional projects will conduct exploration drilling'.
Global upstream mergers and acquisitions activity is on course to exceed last year's $175 billion total, Rystad Energy announced.
Saudi Arabia is in the early stages of starting up a key oil pipeline, people familiar with the matter said.
Venture Global secured a new agreement to supply 0.5 million metric tons per annum of United State liquefied natural gas to China Gas for 20 years from 2030.
The Houston-based energy projects contractor raised $1.05 billion in share and debt instrument sale proceeds.
The decrease comes as another strike looms.
U.S. diesel surged again over the last week, GasBuddy highlighted.
Several Asian refiners have been told informally by Saudi Aramco they will soon be able to pick up oil from the Red Sea port of Yanbu, according to traders familiar with the matter.
Oil fell as Saudi exports through Hormuz increased and hopes grew for diplomatic progress in the Iran war.
China said President Xi Jinping will travel to the U.S. to meet Donald Trump.