(Oil Price) – The U.S. federal government is considering further steps to speed up the buildout of liquefied natural gas export […]
Read moreCategory: Closing Bell Story
Trump moves to supercharge U.S. LNG as exports hit new highs
(Oil Price) – The U.S. federal government is considering further steps to speed up the buildout of liquefied natural gas export […]
Read moreChevron met with Syrian president to discuss oil exploration
(Investing)– Syrian President Ahmed al-Sharaa held meetings with delegations from U.S. oil major Chevron and the Syrian Petroleum Company on Tuesday, […]
Read moreWood JV wins EPC contract for bpTT’s Ginger gas project
(World Oil)– Massy Wood, the Trinidad and Tobago–based joint venture between Wood and Massy Group, has secured the engineering, procurement, […]
Read moreWood JV wins EPC contract for bpTT’s Ginger gas project
(World Oil)– Massy Wood, the Trinidad and Tobago–based joint venture between Wood and Massy Group, has secured the engineering, procurement, […]
Read moreWood JV wins EPC contract for bpTT’s Ginger gas project
(World Oil)– Massy Wood, the Trinidad and Tobago–based joint venture between Wood and Massy Group, has secured the engineering, procurement, […]
Read moreOPEC+ members to undergo annual oil capacity audit under new plan, sources say
(Investing)– OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, […]
Read moreOPEC+ members to undergo annual oil capacity audit under new plan, sources say
(Investing)– OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, […]
Read moreU.S. sanctions force Serbia’s only refinery to shut down
(Oil Price)– The United States has denied a sanctions waiver to Serbian refinery Naftna Industrija Srbije (NIS), majority owned by […]
Read moreAlberta government urges oil regulator to go soft on flaring
(Oil Price) – The provincial government of Alberta, Canada’s key oil and gas-producing province, has advised the Alberta Energy Regulator to […]
Read moreChevron takes 40% stake in TotalEnergies’ offshore Nigeria blocks
(World Oil) – TotalEnergies has strengthened its global exploration ties with Chevron following a new farmout agreement covering two offshore licenses in Nigeria’s West […]
Read morePrivate equity pours $1.45 billion into UK renewable energy
(Oil Price) – UK energy company Low Carbon has raised as much as $1.45 billion (£1.1 billion) from CVC Capital Partners […]
Read morePrivate equity pours $1.45 billion into UK renewable energy
(Oil Price) – UK energy company Low Carbon has raised as much as $1.45 billion (£1.1 billion) from CVC Capital Partners […]
Read moreEcopetrol to drill up to 430 wells under 2026 investment plan as upstream remains priority
(World Oil) – Ecopetrol has approved an investment plan of COP 22–27 trillion ($5.4–$6.7 billion) for 2026, maintaining capital levels similar […]
Read moreEcopetrol to drill up to 430 wells under 2026 investment plan as upstream remains priority
(World Oil) – Ecopetrol has approved an investment plan of COP 22–27 trillion ($5.4–$6.7 billion) for 2026, maintaining capital levels similar […]
Read moreTarga strengthens Permian presence with $1.25 billion deal for midstream firm
(BOE Report) – Pipeline operator Targa Resources said on Monday it would buy Stakeholder Midstream in a $1.25 billion all-cash […]
Read moreTarga strengthens Permian presence with $1.25 billion deal for midstream firm
(BOE Report) – Pipeline operator Targa Resources said on Monday it would buy Stakeholder Midstream in a $1.25 billion all-cash […]
Read morePetrobras trims $109 billion capex plan as lower oil prices pressure dividends
(World Oil) – Brazilian oil major Petrobras announced a 2% decrease in its next five-year investment plan to $109 billion, putting dividend […]
Read morePetrobras trims $109 billion capex plan as lower oil prices pressure dividends
(World Oil) – Brazilian oil major Petrobras announced a 2% decrease in its next five-year investment plan to $109 billion, putting dividend […]
Read moreOil prices climb after OPEC+ reaffirms pause; supply risks in focus
(Investing) – Oil prices ticked higher on Monday, bolstered by OPEC+’s reaffirmation that it will hold output steady during the first […]
Read moreEnerCom’s 31st Energy Investment Conference to be held August 17–19, 2026 in Denver, Colorado
( Oil & Gas 360) – EnerCom Denver – The Energy Investment Conference will celebrate 31 years of bringing together the […]
Read moreFrench power giant EDF considers full sale of U.S. renewables unit
(Oil Price) – EDF, the French state-controlled utility, considers selling up to 100% in its U.S. renewable energy business, the […]
Read moreOil tanker ban just one obstacle to northern B.C. pipeline, experts say
(BOE Report) – CALGARY – A new oilsands pipeline to the northern B.C. coast is a non-starter as long as oil […]
Read moreADNOC Gas signs $4-billion supply deal with regional steel giant
(Oil Price) – ADNOC Gas has signed a $4 billion deal to supply natural gas to EMSTEEL, the largest listed […]
Read moreReliance Industries, JV partners to invest $11 billion in India AI data capacity
(BOE Report) – A Reliance Industries joint venture will invest $11 billion over five years to develop 1 gigawatt of […]
Read moreReliance Industries, JV partners to invest $11 billion in India AI data capacity
(BOE Report) – A Reliance Industries joint venture will invest $11 billion over five years to develop 1 gigawatt of […]
Read moreWindfall tax stays: UK decision alarms North Sea oil and gas producers
(World Oil) – The UK government will stick with a controversial windfall tax for North Sea oil and gas producers until […]
Read moreOil prices stabilize after Ukraine peace deal-inspired losses
(Investing) – Oil prices traded in a steady manner Wednesday, stabilizing after the previous session’s sharp losses, as investors weighed a […]
Read moreHodgson says Ottawa is close to providing clarity on B.C. tanker ban
(World Oil)- Energy and Natural Resources Minister Tim Hodgson said on Monday the government is getting close to being able […]
Read moreWhy Rosneft’s Kurdistan exit could reshape global energy
(Oil Price)– As exclusively revealed to OilPrice.com some years ago by a very high-ranking official from the Kremlin: “By keeping […]
Read moreRussia sees scope for oil exports boost to China, urges cooperation in LNG
(BOE Report)– Russia sees scope to boost oil exports to China and to deepen cooperation on supplies of liquefied natural […]
Read moreRussia sees scope for oil exports boost to China, urges cooperation in LNG
(BOE Report)– Russia sees scope to boost oil exports to China and to deepen cooperation on supplies of liquefied natural […]
Read moreRussia sees scope for oil exports boost to China, urges cooperation in LNG
(BOE Report)– Russia sees scope to boost oil exports to China and to deepen cooperation on supplies of liquefied natural […]
Read moreUkraine agrees to peace deal with US, talks with Russia underway – ABC
(Investing)– Ukraine has agreed to the terms of a potential peace deal with the United States, according to a U.S. […]
Read moreWhat could Maduro offer Trump in potential talks? Oil
(BOE Report)– Venezuelan President Nicolas Maduro has the flexibility and the incentive to offer crude oil cargoes, which the country […]
Read moreRenewable energy and EV growth have far exceeded 2015 forecasts
(Oil Price)– The latest edition of the annual UN climate summit ended with little fanfare on Friday, marking a decade […]
Read moreDiversified completes $550 million Canvas Energy acquisition, boosting Oklahoma production
(World Oil) – Diversified Energy has completed its previously announced acquisition of privately held Canvas Energy, adding a sizeable operated position in […]
Read morePermian gas wave sparks biggest pipeline buildout since the shale boom
(Oil Price) – Growing domestic and export demand for Permian’s natural gas is pushing pipeline developers to invest in new pipeline […]
Read morePermian gas wave sparks biggest pipeline buildout since the shale boom
(Oil Price) – Growing domestic and export demand for Permian’s natural gas is pushing pipeline developers to invest in new pipeline […]
Read moreADNOC reaffirms $150 billion plan to boost upstream capacity, international expansion
(World Oil) – ADNOC will maintain its investments at $150 billion over the next five years as it targets growth in […]
Read moreTullow Oil shares hit record lows as refinancing fears deepen
(World Oil) – Tullow Oil Plc sank to a record low, with trading of the shares briefly halted in London, after […]
Read moreG-20 tries to box in critical mineral disruption
(Oil Price) – The G-20 is tiptoeing around China with a sledgehammer. In a draft declaration seen by Bloomberg, leaders called […]
Read moreNextDecade begins pre-filing process to expand Rio Grande LNG project
(BOE Report) – NextDecade Corp said on Monday it has started the U.S. regulatory pre-filing process to add a sixth […]
Read moreOil prices bounce after sharp losses; Ukraine peace talks in focus
(Investing) – Oil prices edged marginally higher Monday, steadying after last week’s sharp losses as markets weighed the prospects of a […]
Read moreFreeport LNG’s Texas export plant to take in more natural gas on Friday, data shows
(BOE Report)– U.S. liquefied natural gas company Freeport LNG’s export plant in Texas was on track to take in more […]
Read moreLukoil shutters international board amid escalating U.S. sanctions
(World Oil)– Russian energy giant Lukoil PJSC dissolved the supervisory board of its international business, the latest sign of how […]
Read moreCOP30 drops draft on transition away from fossil fuels
(Oil price)– The COP30 climate summit is ditching an earlier draft of a roadmap to transition away from fossil fuels, […]
Read moreTrump administration restructures DOE, dropping clean-energy offices in favor of hydrocarbons
(World Oil)– The Trump administration is eliminating Energy Department offices focused on clean energy and renewables and, instead, creating units […]
Read moreUAE eyes $50 billion investment blitz in Canada’s energy and AI sectors
(Oil Price)– The United Arab Emirates is ready to invest as much as $50 billion in Canada’s industries, notably energy […]
Read moreIndustry applauds ‘historic’ U.S. offshore leasing proposal as energy demand rises
(World Oil)– U.S. offshore oil and gas development took a major step forward this week as the Department of the […]
Read moreIndustry applauds ‘historic’ U.S. offshore leasing proposal as energy demand rises
(World Oil)– U.S. offshore oil and gas development took a major step forward this week as the Department of the […]
Read moreOil extends decline as US presses for Russia-Ukraine peace deal
Investing – LONDON -Oil prices fell on Friday, extending declines for a third session as the United States pushed for a […]
Read moreExxon lifts force majeure on Rovuma LNG, clearing path for major Mozambique gas development
(World Oil)– ExxonMobil lifted a force majeure on its Rovuma liquefied natural gas project in Mozambique as security concerns subside, […]
Read moreBaker Hughes secures major turbine order to power mobile oil and gas operations
(World Oil)– Baker Hughes has received a significant order for 25 aeroderivative gas turbines from U.S.-based Dynamis Power Solutions, expanding the energy […]
Read moreControversial $5 billion EACOP project is now three-quarters complete
(Oil Price)– The $5-billion East African Crude Oil Pipeline (EACOP), which is planned to export crude oil from Uganda via […]
Read moreMassive blaze erupts at PDVSA’s Petrocedeno facility
(Oil Price)– A massive fire has erupted at a crude oil upgrader project in Venezuela after an explosion was heard […]
Read moreTotalEnergies reaffirms stance on security, human rights amid Mozambique allegations
(World Oil)– TotalEnergies has issued a detailed response to a complaint filed this month with France’s National Anti-Terrorist Prosecutor’s Office (Pnat), […]
Read moreOil edges higher on inventory draw and equities rally
(Investing)– Oil prices edged up on Thursday after falling in the previous session, boosted by a bigger than expected draw […]
Read moreChina’s oil imports surge as Middle East flows hit new highs
(Oil Price)– China’s crude oil imports last month remained elevated, with purchases from some countries hitting all-time highs, according to […]
Read moreWeekly Gas Storage: Inventories decrease by 14 Bcf
Natural Gas Inventories as of November 14, 2025 The EIA has released its natural gas inventory report, showing a net […]
Read moreChevron CEO affirms long-term presence in Venezuela as political pressure grows
(World Oil) – Chevron Corp., the only major U.S. oil company left in Venezuela, wants to remain in the sanctioned country […]
Read moreA trend break? EIA sees jump in Alaska oil production in 2026
(Oil Price) – Alaska’s production outlook is shifting for the first time in nearly a decade, with the U.S. Energy Information […]
Read morePakistan to build offshore artificial island to accelerate oil and gas exploration
(World Oil) – Pakistan Petroleum Ltd., a state-owned energy company, is reclaiming land from the sea to create a launchpad to […]
Read moreU.S. backs nuclear plant restart as AI power demand soars
(Oil Price) – The U.S. Department of Energy is extending a $1-billion loan to help Constellation Energy restart the Three Mile Island Unit […]
Read moreUS natural gas futures climb 4% on near-record LNG flows and cold December forecast
(BOE Report) – U.S. natural gas futures climbed about 4% on Wednesday on near-record flows to liquefied natural gas export […]
Read moreOil falls sharply after report of US proposal to end Russia-Ukraine war
(Investing) – LONDON-Oil prices fell sharply on Wednesday after a report of a U.S. proposal to end the Russian war in […]
Read moreCanCambria Energy Corp. announces upgraded resource evaluation to include Kiskunhalas concession increasing the contingent resources to 1.1 tcf gas & 116.6 mmbbl condensate
(Oil & Gas 360) CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (“CanCambria” or the “Company”) is pleased to […]
Read moreEnergy Advisors: Power and Energy Companies
(Oil and Gas 360) – Energy Advisors recently released its latest edition of its MarketMonitor series, which continues the theme emphasizing the role of traditional […]
Read moreWhat DECARBON 2026 Reveals About the Industry’s Next Move
(Oil & Gas 360) – The oil and gas industry is moving from intention to action. With a focus on sustainability […]
Read moreTransocean adds $89 million in new offshore drilling options across three regions
(World Oil)– Transocean has secured approximately $89 million in new firm backlog after operators in Brazil, Norway and Romania exercised […]
Read moreFrom oil giant to mining superpower—Saudi Arabia’s next big move
(Oil Price)– In the coming days, the media will push themes related to the upcoming meeting between Saudi Crown Prince […]
Read moreGlobal oil refining profits surge and may stay strong
(Investing)– Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according […]
Read moreGoldman Sachs: oil prices to drop to $53 in 2026
(Oil Price)– Oil prices are set to further drop into next year from current levels amid a large surplus on […]
Read moreUBS expects Brent crude to be trading at this level at the end of 2025
(Investing) – Brent crude prices are anticipated to hover in the $60 per barrel to $70 per barrel range in the […]
Read morePetrobras confirms new post-salt oil discovery in Brazil’s Campos basin
(World Oil) – Petrobras has confirmed another oil discovery offshore Brazil, identifying high-quality post-salt crude in the Sudoeste de Tartaruga Verde […]
Read moreKazakhstan drags big oil to Swiss court in $166 billion lawsuit
(Oil Price) – Kazakhstan has filed for arbitration in a Swiss court in its lawsuit against major international oil firms as […]
Read moreExclusive-Chevron joins race to explore potential purchase of Lukoil assets, sources say
(Investing) – LONDON -U.S. oil major Chevron is studying options to buy global assets of sanctioned Russian oil firm Lukoil, five sources familiar […]
Read moreTotalEnergies accelerates gas-to-power strategy with $5.5 billion EPH deal
(World Oil) – TotalEnergies has signed a €5.1 billion ($5.5 billion) all-stock agreement to acquire a 50% stake in EPH’s flexible […]
Read moreOil prices steady after steep losses in previous session
(Investing) – HOUSTON -Oil prices held largely steady on Thursday after declining around 4% in the previous session as investors weighed […]
Read moreTrump finalizes rollback of Arctic drilling restrictions
(World Oil) – The Trump administration rescinded restrictions on oil drilling in Alaska’s mammoth state petroleum reserve, reversing a move […]
Read moreActivist investor Kimmeridge takes stake in US energy producer Devon
(Investing) – NEW YORK -Activist investment firm Kimmeridge Energy Management has taken a stake in U.S. shale producer Devon Energy, according to a […]
Read moreFrontera to create standalone upstream company through Colombian infrastructure spin-off
(World Oil) – Frontera Energy Corp. plans to separate its Colombian infrastructure assets into a new independent company—Frontera Infrastructure—leaving Frontera Exploration […]
Read moreIran seizes oil tanker in Gulf of Oman
(Oil Price) – Iran seized on Friday an oil tanker en route to Singapore after it passed the critical Strait of […]
Read moreADNOC’s $13.9 billion Covestro acquisition secures conditional EU approval
(World Oil) – Abu Dhabi National Oil Co. won conditional European Union approval for its €12 billion ($13.9 billion) takeover of Covestro AG after it dealt […]
Read moreSaudi Aramco to sign US LNG agreements during crown prince’s visit to Washington, sources say
(BOE Report) – Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy and Commonwealth […]
Read moreOil gains almost 2% as Russian port suspends oil exports after Ukrainian attack
(Investing) – LONDON -Oil prices climbed nearly 2% on Friday, boosted by supply fears after the Black Sea port of Novorossiisk […]
Read moreWeekly Gas Storage: Inventories increase by 45 Bcf
Natural Gas Inventories as of November 7, 2025 The EIA has released its natural gas inventory report, showing a net […]
Read moreChevron forecasts tighter pressure on oil than LNG in 2026 as global supply ramps up
(World Oil) – Increased oil supply from OPEC and its allies will continue to put pressure on crude prices next year, […]
Read moreWhy big oil is still gushing profits despite low oil prices
(Oil Price) – Oil markets have been volatile over the past couple of weeks, driven by a series of geopolitical […]
Read moreRepsol’s $19 billion upstream arm could merge with APA in bid to accelerate U.S. listing
(World Oil) – Repsol SA is considering a reverse merger of its upstream unit with potential partners including U.S. energy […]
Read moreU.S. sanctions strand a third of Russia’s crude exports at sea
(Oil Price) – Nearly a third of Russia’s current seaborne oil export potential is now stuck in tankers as the U.S. […]
Read moreMEG takeover saga draws to close as Cenovus completes purchase
(BOE Report) – CALGARY – Oilsands giant Cenovus Energy Inc. has completed its takeover of MEG Energy Corp. The two companies had neighbouring properties […]
Read moreUS judge denies motions to disqualify officers, advisers involved in Citgo auction
(Investing) – HOUSTON -A U.S. judge has denied motions filed by Venezuela and Gold Reserve to disqualify him, a court officer and […]
Read moreChevron’s five-year plan prioritizes superior shareholder returns
(Oil Price) – Chevron plans to grow its free cash flow into the next decade as it focuses on higher profits […]
Read moreChevron’s five-year plan prioritizes superior shareholder returns
(Oil Price) – Chevron plans to grow its free cash flow into the next decade as it focuses on higher profits […]
Read moreOPEC sees balanced oil market in 2026, moves further away from deficit projection
(BOE Report) – World oil supply is expected to match demand next year in a reflection of the wider OPEC+ […]
Read moreHow America’s shale strategy is powering a new Middle East energy boom
(Oil Price) – The highly focused development of the U.S.’s shale oil and gas sectors from the early 2010s transformed […]
Read moreGovernments race to secure Lukoil assets as U.S. sanctions deadline nears
(World Oil) – Governments across Europe and the Middle East are rushing to ensure the sprawling oil operations of Russian energy […]
Read moreNamibia moves to centralize oil and gas oversight under presidency
(World Oil) – Namibia plans to consolidate control of its petroleum sector under the office of the presidency, as the southern […]
Read moreOil prices fall as oversupply concerns overshadow US government reopening
(Investing) – LONDON -Oil prices fell more than 2% on Wednesday, weighed down by oversupply concerns as OPEC said global oil […]
Read moreShell takes Venture Global LNG arbitration loss to NY Supreme Court
(Oil Price)– Shell has challenged an arbitration ruling against it in the long-running dispute with Venture Global over contracted LNG […]
Read moreGlenfarne, Baker Hughes Announce Definitive Agreements to Advance Alaska LNG
(BOE Report)– Alaska LNG, majority owned and developed by Glenfarne Alaska LNG, LLC (Glenfarne), and Baker Hughes (NASDAQ: BKR), an […]
Read moreGovernments race to secure Lukoil assets as U.S. sanctions deadline nears
(World Oil)– Governments across Europe and the Middle East are rushing to ensure the sprawling oil operations of Russian energy […]
Read moreU.S. sanctions push Indian refiners away from Russian crude
(Oil Price)– All but two Indian refiners have skipped placing orders for Russian crude for December after the U.S. sanctioned […]
Read moreOil prices rise as investors balance sanctions risks, oversupply worries
(Investing)– Oil prices rose on Tuesday due to the impact of the latest U.S. sanctions on Russian oil, although oversupply […]
Read moreNigeria eyes 1.7 billion barrels in new oil supply
(Oil Price)– Nigeria could tap 1.7 billion barrels in new oil supply as well as 7.7 trillion cu ft of […]
Read moreIndia’s ONGC net profit slips 18% as oil prices drop
(Oil Price)– Indian state-owned Oil and Natural Gas Corporation Limited (ONGC), the biggest oil and gas explorer and producer in […]
Read moreRanger Energy to acquire American Well Services, expanding Permian footprint
(World Oil) – Ranger Energy Services, Inc. announced an agreement to acquire American Well Services (AWS) from Argonaut Private Equity in […]
Read moreNorway’s $2.1 trillion oil fund seeks renewables deals in U.S.
(Oil Price) – Norway’s $2.1-trillion oil fund is looking to invest in renewable energy assets in the U.S. and expand its […]
Read moreLukoil declares force majeure on Iraq oil shipments following U.S. sanctions
(World Oil) – Russia’s Lukoil PJSC declared force majeure on oil shipments from its giant West Qurna 2 field in Iraq, […]
Read moreShell abandons two major UK offshore wind projects
(Oil Price) – Shell has exited two offshore wind power projects in Scotland as the world’s top oil and gas firms […]
Read moreChevron investor day puts spotlight on post-Hess strategy
(BOE Report) – When Chevron executives and top shareholders convene in New York City on Wednesday for the oil producer’s investor day, […]
Read moreOil edges higher as US shutdown talks advance, oversupply concerns persist
(Investing) – LONDON -Oil prices edged higher on Monday as investors assessed moves aimed at ending the U.S. government shutdown while […]
Read moreMach Natural Resources grows production, boosts efficiency with Permian and San Juan assets
(World Oil)– Mach Natural Resources LP reported steady third-quarter 2025 results, highlighting production growth, new well success, and disciplined capital […]
Read morePetrobras hikes dividend as production surge offsets lower oil prices
(Oil Price)– Petrobras will be paying higher dividends for the third quarter compared to the second quarter as production and […]
Read moreCivitas Resources boosts production, lowers costs ahead of SM Energy merger
(World Oil)– Civitas Resources Inc. reported strong financial and operating results for the third quarter of 2025, driven by higher […]
Read moreExxon Mobil CEO says hydrocarbons will remain critical for long time
(BOE Report)– Hydrocarbons will continue to play a critical role for a long time to come, the CEO of U.S. […]
Read moreU.S. shale operators defy $60 oil to sustain production growth
(World Oil) – U.S. shale companies are forging ahead with their production plans, adapting to $60 oil prices while grinding […]
Read moreHungary makes historic switch to American nuclear fuel
(Oil Price) – Hungary will buy U.S. nuclear fuel for the first time to use at a Russia-built nuclear power plant […]
Read moreUS urges Europe to stick to oil and gas, not renewables
(Investing) – ATHENS -Global investments in renewable energy aren’t bearing fruit and the world should focus on securing reliable supplies of […]
Read moreConocoPhillips lifts Willow project cost to $9 billion, delays start to 2029
(World Oil)– ConocoPhillips raised its total spending plans for the Willow oil and natural gas project in Alaska to as […]
Read moreExxonMobil expands exploration footprint offshore Greece
(Oil Price)– ExxonMobil is expanding its exploration portfolio offshore Greece with a new farm-in agreement for a block in the […]
Read moreHSBC slashes oil and gas financing
(Oil Price)– Financing and deals with oil and gas companies will have a materially lower share in the energy portfolio […]
Read moreAker Solutions wins five-year Hebron brownfield services contract from ExxonMobil Canada
(World Oil)– Aker Solutions has secured a five-year brownfield services contract extension from ExxonMobil Canada Properties, as operator of the […]
Read moreNigeria’s $300 billion oil theft scandal
(Oil Price)– Nigeria has lost $300 billion to oil theft, auditors appointed by the Nigerian parliament said this week. The […]
Read moreOil prices rebound after recent losses; oversupply, demand concerns persist
(Investing)– Oil prices rose Thursday, rebounding after logging sharp losses in recent sessions as expectations of a supply glut and […]
Read moreTrump to meet Central Asian presidents as US seeks to counter China, Russia influence
(Investing)– U.S. President Donald Trump will host the leaders of five Central Asian nations at the White House on Thursday […]
Read moreWeekly Gas Storage: Inventories increase by 33 Bcf
Natural Gas Inventories as of October 31, 2025 The EIA has released its natural gas inventory report, showing a net […]
Read moreWeekly Gas Storage: Inventories increase by 33 Bcf
Natural Gas Inventories as of October 31, 2025 The EIA has released its natural gas inventory report, showing a net […]
Read moreOvintiv to acquire NuVista Energy in $2.7 billion deal, advancing Montney growth strategy
(World Oil) – Ovintiv Inc. announced a definitive agreement to acquire Calgary-based NuVista Energy Ltd. in a cash-and-stock transaction valued at […]
Read moreAmplify Energy announces divestiture of Oklahoma Assets
(Oil & Gas) – HOUSTON, Nov. 05, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” […]
Read moreIOG Resources II acquires non-operated gas assets in Pennsylvania’s Appalachian basin
(World Oil) – IOG Resources II, LLC (IOGR II) has announced the acquisition of producing non-operated natural gas assets in the […]
Read moreCanada could ditch the controversial oil and gas emissions cap
(Oil Price) – The new government’s Climate Competitiveness Strategy, outlined in Budget 2025, will prioritize effective carbon markets, enhanced methane regulations, […]
Read moreADNOC taps U.S. shale expertise to unlock UAE’s unconventional gas potential
(World Oil) – The United Arab Emirates, long one of OPEC’s key oil producers, is pivoting to U.S.-tested fracing techniques to […]
Read moreOil softens amid weak economic data, equity markets
(Investing) – LONDON -Oil prices eased on Wednesday as investors digested weaker economic data from top oil importers, but an expected […]
Read moreComstock boosts Haynesville output, to sell East Texas assets for $430 million
(World Oil) – Comstock Resources Inc. reported higher third-quarter earnings on improved natural gas prices and continued strong drilling results […]
Read more$50 oil could crush American shale growth
(Oil Price) – OPEC+ just agreed to boost oil production for another month. Luckily for U.S. shale, they also decided to pause the […]
Read moreParex Resources Announces Third Quarter Results, Strong October 2025 Production, and Declaration of Q4 2025 Dividend
(BOE Report)– Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results […]
Read moreGran Tierra Energy Inc. Announces Normal Course Issuer Bid and Automatic Share Purchase Plan
(BOE Report)– Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American: GTE)(TSX: GTE)(LSE: GTE), today announces that the Toronto Stock Exchange […]
Read moreOil slips on oversupply concerns and stronger dollar
(Investing.com)– Oil prices fell more than 1% on Tuesday as the OPEC+ decision to pause output hikes in the first […]
Read moreTotalEnergies signs 10-year data center power deal in Spain
(Oil Price)– TotalEnergies on Tuesday announced a power purchase agreement with Data4 to supply renewable electricity to the data center developer’s […]
Read morebp reports $7.8 billion cash flow, strong upstream performance and six project startups in Q3 2025
(World Oil)– bp plc reported operating cash flow of $7.8 billion and underlying replacement cost profit of $2.2 billion for […]
Read moreSM ENERGY AND CIVITAS RESOURCES TO COMBINE IN $12.8 BILLION TRANSFORMATIONAL COMBINATION DELIVERING SUPERIOR STOCKHOLDER VALUE
(Oil & Gas 360) Value-Enhancing Scale Premier portfolio across the highest-return U.S. shale basins drives significant free cash flow and […]
Read moreExclusive-QatarEnergy, Exxon executives warn of Europe exit over climate law
(Investing) – ABU DHABI -Executives at two of Europe’s top gas suppliers, ExxonMobil and QatarEnergy, on Monday warned they could stop doing […]
Read moreHow Artificial Intelligence is powering a new industrial boom
(Oil Price) – Concern has been rising that artificial intelligence is killing jobs, and there is evidence to support this. But in the […]
Read moreUAE minister calls for $4 trillion annual energy investment to power AI
(Oil Price) – The advance in AI and the surge in data center build-out have pushed global energy investment needs to […]
Read moreShell expands in Angola with $1 billion offshore exploration investment
(World Oil) – Shell Plc will invest about $1 billion on new oil blocks in Angola as the southern African […]
Read moreMorgan Stanley lifts H1 2026 Brent forecast to $60 on OPEC+ pause, Russia sanctions
(BOE Report) – Morgan Stanley on Monday raised its Brent crude forecast for the first half of 2026 to $60 […]
Read moreAnalysts eye big oil’s spending and acquisition plans
(Oil Price) – Big Oil is reporting third-quarter results this week and next. No surprises are expected—Big Oil has been having […]
Read moreUS will not send officials to COP30 climate talks, White House says
(Investing) – WASHINGTON -The U.S. will not send any high-level officials to the upcoming COP30 climate summit in Brazil, a White […]
Read moreExxonMobil ramps up global output with early Yellowtail startup and Permian gains
(World Oil)– ExxonMobil reported third-quarter 2025 earnings of $7.5 billion, highlighting record upstream performance across its global portfolio, led by […]
Read moreTotalEnergies LNG project in Mozambique hits new financial snag
(Oil Price)– The government of Mozambique may not agree with the latest estimate for an LNG project led by TotalEnergies, […]
Read moreChevron beats estimates as Hess acquisition drives oil production growth
(World Oil)– Chevron Corporation reported record oil and gas production in the third quarter of 2025, driven by the integration […]
Read moreOil prices fall for a third straight month as OPEC+ considers boosting output
(Oil Price)- Weak factory activity in China, a stronger U.S. dollar, and reports that OPEC+ is going to add more […]
Read moreChina’s Xi and Canada’s Carney vow to advance relations
(Investing)– China’s President Xi Jinping met with Canada’s Prime Minister Mark Carney on Friday, with the leaders vowing to advance […]
Read moreGlobal power demand to skyrocket 30% by 2035
(Oil Price) – The world’s electricity demand is expected to surge by 30% over the next decade as data centers, electric […]
Read moreTotalEnergies Q3 Earnings Hold Steady Despite Oil Price Dip
(Oil Price)– TotalEnergies (NYSE: TTE) reported third-quarter earnings essentially flat from a year earlier, as higher production, strong cash flows, […]
Read moreShell earnings rise on record deepwater output, LNG strength
(World Oil)– Shell plc reported strong third-quarter 2025 results, underpinned by record production from its deepwater assets in Brazil and […]
Read moreAthabasca Oil announces 2025 third quarter results highlighted by consistent operational performance, continued share buybacks and a pristine financial position
(BOE Report)– CALGARY, Alberta, Oct. 29, 2025 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased […]
Read morebp advances plans for major Bumerangue discovery in Brazil’s Santos basin
(World Oil)– bp is progressing appraisal planning for its significant Bumerangue hydrocarbon discovery in the pre-salt Santos Basin offshore Brazil, following […]
Read moreIndian Oil Corp. seeks to replace Russian oil with American barrels
(Oil price)– Indian Oil Corp. is looking to buy 24 million barrels of crude oil from the Americas in the […]
Read moreWeekly Gas Storage: Inventories increase by 74 Bcf
Natural Gas Inventories as of October 24, 2025 The EIA has released its natural gas inventory report, showing a net […]
Read moreAnalysis-Trump-Xi ’amazing’ summit brings tactical truce, not major reset
(Investing)– BUSAN, South Korea/BEIJING (Reuters) -U.S. President Donald Trump hailed a meeting with China’s Xi Jinping as “amazing” and “12” […]
Read moreAmplify Energy Announces Divestiture of East Texas Assets
(Oil and Gas 360) – HOUSTON, Oct. 29, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” […]
Read moreBKV Announces Acquisition of Control Position in BKV-BPP Power Joint Venture to Accelerate Growth Strategy
(Oil and Gas 360) – DENVER–(BUSINESS WIRE)– BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) and Banpu Power US Corporation (“BPPUS”) […]
Read moreBKV Announces Acquisition of Control Position in BKV-BPP Power Joint Venture to Accelerate Growth Strategy
(Oil and Gas 360) – DENVER–(BUSINESS WIRE)– BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) and Banpu Power US Corporation (“BPPUS”) […]
Read moreTrump administration retreats from plan to open Atlantic offshore oil drilling
(World Oil) – The Trump administration is ruling out selling offshore oil and gas leases along the U.S. East Coast, […]
Read moreTrump administration retreats from plan to open Atlantic offshore oil drilling
(World Oil) – The Trump administration is ruling out selling offshore oil and gas leases along the U.S. East Coast, […]
Read moreTrump’s tariffs could hit U.S. oil and gas with $50 billion in project delays
(Oil Price) – The tariff offensive that President Trump is leading against trade partners across the world will deal a blow […]
Read moreOil majors join OPEC in raising output as crude prices slide
(World Oil) – The world’s biggest oil companies are expected to press ahead with plans to accelerate production growth when they […]
Read moreOil prices steady; Middle East tensions, Fed rate cut in focus
(Investing) – Oil prices steadied Wednesday as renewed military action between Israel and Hamas threatened to upset a recent ceasefire, although […]
Read moreKiwetinohk Announces a Cash Sale for $24.75 Per Share under Arrangement Agreement with Cygnet Energy Ltd.
(Oil and Gas 360)– CALGARY, AB, Oct. 28, 2025 /CNW/ – Kiwetinohk Energy Corp. (TSX: KEC) (“Kiwetinohk” or the “Company”) and Cygnet Energy Ltd. (“Cygnet” or […]
Read moreSaudi Arabia awards five renewables projects worth $2.4 billion
(Oil Price) – Saudi Arabia has awarded one wind power and four solar power projects in the country worth a total […]
Read moreTourmaline and Topaz Announce the Closing of $230 Million Bought Deal Secondary Offering of Topaz Common Shares
(BOE Report)– CALGARY, AB, Oct. 28, 2025 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Selling Shareholder“) and Topaz Energy Corp. (TSX: TPZ) […]
Read morePetrofac files for administration, putting 7,300 global energy jobs at risk
(World Oil)- UK energy services provider Petrofac Ltd has applied to enter administration after the company’s latest plans to restructure […]
Read moreOil settles lower as OPEC plans to increase oil output
(Investing)– Oil prices settled marginally lower on Monday as OPEC’s plans to increase oil output once again outweighed hopes of […]
Read moreSaudi Aramco CEO sees strong oil demand amid sanctions on Russian firms
(Investing)- Saudi Aramco CEO Amin Nasser stated Tuesday that global oil demand remains strong, even before the recent sanctions on […]
Read moreOil falls $1 a barrel as investors weigh Russia sanctions, OPEC+ output plans
(Investing)– Oil prices slipped around $1 a barrel on Tuesday and were on track for a third straight day of […]
Read moreIraq secures first floating LNG import platform deal with U.S. firm
(Oil price)– Iraq signed on Tuesday a contract with U.S. company Excelerate Energy for the country’s first floating gas platform, […]
Read moreThree Crown Petroleum announces significant initial flow rate from the recently completed Irvine 1NH Well in the Powder River Basin
(Oil and Gas 360) – For immediate release: The Irvine 1NH well was placed on production on October 14th and […]
Read moreU.S. steps up pressure on Hungary to cut off Russian oil
(Oil Price) – The U.S. is increasing pressure on Hungary to cut off its reliance on Russian oil imports and vows […]
Read moreOilfield giants pivot to booming AI infrastructure as drilling demand wanes
(BOE Report) – Oilfield services giants SLB, Halliburton and Baker Hughes are turning to data centers and related artificial intelligence […]
Read moreOilfield services firm Petrofac collapses
(Oil Price) – After years of restructuring and cost-cutting efforts, UK-listed oilfield services group Petrofac on Monday filed for administration, following […]
Read moreAramco awards Baker Hughes multi-year coiled tubing drilling contract
(World Oil) – Baker Hughes has secured a multi-year agreement from Aramco to significantly expand its integrated underbalanced coiled tubing drilling […]
Read moreIraq in talks about OPEC quota, with exports at 3.6 mln bpd, oil minister says
(BOE Report) – Iraq is in negotiations over the size of its OPEC quota within its available capacity of 5.5 […]
Read moreOil prices steady; traders look to U.S.-China trade progress
(Investing) – Oil prices steadied Monday as traders digested potential progress in U.S.-China trade talks, starting to discount the chances of […]
Read moreConocoPhillips to lay off Canada employees in November, company memo shows
(BOE Report)– U.S. oil company ConocoPhillips is laying off employees at its Canadian operations, according to three sources and a company […]
Read moreEni raises 2025 cash flow guidance after beating Q3 estimates
(Oil Price)– Italy’s energy giant Eni (NYSE: E) raised its outlook on cash flow generation for 2025 and increased full-year […]
Read moreMorgan Stanley expects natural gas prices to hit $5 in 2026
(Investing.com) – Natural gas prices could surge to $5 per million British thermal units in 2026 as demand rises and supply […]
Read moreGran Tierra Energy Inc. announces new $200 million prepayment and marketing agreement and amendment to reserve-based credit facility
(BOE Report)– CALGARY, Alberta, Oct. 24, 2025 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today […]
Read moreAramco awards Baker Hughes multi-year coiled tubing drilling contract
(World Oil)– Baker Hughes has secured a multi-year agreement from Aramco to significantly expand its integrated underbalanced coiled tubing drilling […]
Read moreSupertanker rates soar as buyers scramble to replace Russian oil
(Oil Price)– The supertanker freight futures surged on Thursday and Friday after the U.S. sanctions against Russia’s biggest oil firms […]
Read moreCanada’s Carney visits Asia to forge new alliances and reduce US dependence
(BOE Report)– Canada’s Prime Minister Mark Carney embarks on his first official visit to Asia on Friday in an attempt […]
Read moreGoogle backs carbon-captured gas to power its AI future
(Oil Price) – Google has signed the first U.S. corporate power purchase agreement involving natural gas with carbon capture, marking a […]
Read moreValero trumps Q3 earnings estimates as refining margins soar
(Oil Price)– Valero Energy Corporation (NYSE: VLO) easily beat analyst forecasts of third-quarter earnings as refining margins surged by 44% […]
Read moreProspera Energy launches key infrastructure upgrades to unlock next phase of production growth
(BOE Report)– CALGARY, Alberta, Oct. 23, 2025 (GLOBE NEWSWIRE) — Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera“, “PEI” or the “Corporation“) […]
Read moreAker BP strengthens offshore portfolio with Omega Alfa discovery, major project progress
(World Oil)– Aker BP has reported strong operational and financial performance in its latest quarterly results, underscoring stable production, disciplined […]
Read moreEU members remain deeply divided over 2040 climate targets
(Oil Price)– The EU summit this week is debating how to bridge the divide within the bloc regarding interim 2040 […]
Read moreOil prices surge 6% as Trump sanctions Russian energy giants
(Oil Price)– Oil prices skyrocketed in early Asian trading on Thursday after President Trump announced new sanctions on Russia’s two largest […]
Read moreWeekly Gas Storage: Inventories increase by 87 Bcf
Natural Gas Inventories as of October 17, 2025 The EIA has released its natural gas inventory report, showing a net […]
Read moreU.S. sanctions on Russian oil giants spark supply concerns in China
(World Oil)– U.S. sanctions on Russia’s energy giants are sending shockwaves deep into the heart of China’s oil industry, where […]
Read moreU.S. and Qatar issue new warning on EU climate directive
(Oil Price) – The United States and Qatar have joined forces for a fresh warning to Brussels that its corporate sustainability […]
Read moreEnergy Secretary Wright: Oil prices low, ’great time to be a buyer’
(Investing)– U.S. Energy Secretary Chris Wright said Wednesday that current oil prices are low, making it a “great time to be […]
Read moreSaudi Arabia’s crude oil exports jumped by 400,000 bpd in August
(Oil Price) – Saudi Arabia’s crude oil exports surged by 413,000 barrels per day (bpd) in August, to the highest level […]
Read moreUpstream oil and gas dealmaking down in third quarter as oil prices stayed low
(Investing) – HOUSTON-Persistently weak crude prices pressured merger and acquisition activity in the U.S. upstream oil and gas sector in the […]
Read moreNuclear power at heart of new Japan PM’s energy policy
(BOE Report) – Japan’s new prime minister Sanae Takaichi is expected to push for the accelerated revival of nuclear power […]
Read moreTrump will buy 1 MMbbl to help replenish Strategic Petroleum Reserve
(World Oil) – The Trump administration is taking advantage of low oil prices and buying 1 MMbbl to start refilling […]
Read moreIndia’s reliance boosts Middle East crude purchases
(Oil Price)– Reliance Industries, the top private refiner in India, has accelerated crude oil purchases from the Middle East, traders […]
Read moreMariEnergies discovers oil at Shawal-1 exploration well in Pakistan
(World Oil)- MariEnergies has announced an oil discovery at its Shawal-1 exploration well, located within the Mari Development and Production […]
Read moreHalliburton beats quarterly profit estimates on steady North America drilling demand
(BOE Report)– Halliburton beat Wall Street estimates for third-quarter profit on Tuesday, helped by steady demand for its oilfield equipment […]
Read moreOil and gas research council recommends funding for EOR projects
North Dakota Petroleum Council – The North Dakota Oil & Gas Research Council met on Friday, October 17, 2025, and has […]
Read moreOil rises in choppy trade as investors focus on supply signals
(Investing.com)– Oil prices steadied on Tuesday on easing concerns about an oversupplied market and the trade dispute between the U.S. […]
Read moreAlaska’s $44 billion LNG project nears key milestone as pipeline study wraps up
(Oil Price)– The proponents of the $44-billion Alaska LNG are expected to complete by the end of the year the […]
Read moreHow one pipeline turned Canada into a global energy power
(Oil Price)– For years, Canada’s oil and gas sector was plagued by pipeline shortages that severely limited the country’s capacity […]
Read morePetrobras wins approval to drill first exploration well near Amazon River
(World Oil)– Brazil’s state-controlled energy company received approval to explore for oil near the mouth of the Amazon River, capping […]
Read moreRepublicans declare ‘Coal Week’ as fossil-fuel agenda goes into overdrive
(Oil Price) – Republican lawmakers on Monday moved to declare Coal Week, amplifying the Trump administration’s push to expand U.S. coal […]
Read moreUS natural gas exports to Mexico hit record highs, EIA says
(BOE Report) – U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (bcfd) in May […]
Read moreSLB exceeds profit expectations on strong North American demand
(Oil Price) – The world’s biggest oilfield services provider, SLB (NYSE: SLB), on Friday reported higher-than-expected earnings for the third quarter […]
Read moreNorth Sea recoverable oil and gas resources rise 31% after last licensing round, new report shows
(World Oil) – The UK’s remaining proven and probable oil and gas reserves were estimated at 2.9 billion barrels of oil […]
Read moreTrump’s India squeeze to push Russian oil further into the shadows: Bousso
(BOE Report) – Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow […]
Read moreOil prices fall as concerns about supply glut mount
(Investing) – HOUSTON -Oil prices fell around 1% on Monday as investors weighed a potential global glut, with U.S.-China trade tensions […]
Read moreEquinor starts production at Bacalhau, its largest international field
(World Oil)– Equinor and its partners have achieved first oil from the Bacalhau field in Brazil’s Santos basin, marking a […]
Read moreNextDecade approves $6.7 billion expansion of Rio Grande LNG
(Oil Price)– U.S. LNG developer NextDecade Corporation has decided to invest $6.7 billion in the expansion of its Rio Grande […]
Read moreOil set for weekly loss on uncertainty over global supply outlook
(Investing.com)– Oil prices edged lower on Friday, heading for a weekly loss of nearly 3% after the IEA forecast a […]
Read moreUS energy prices to spike on Trump’s axing of grants, senator says
(BOE Report)– The Trump administration’s plans to cancel nearly $8 billion in Energy Department grants are illegal because contracts had […]
Read moreIndia rejects U.S. claims of halving Russian oil imports
(Oil Price)– India hasn’t requested refiners to cut imports of Russian crude oil and no cuts have been seen for […]
Read moreBrent crude slides toward $60 on oversupply, U.S.-China trade strains
(World Oil)– Oil headed for a third weekly decline as traders focused on growing signs of oversupply and the fallout […]
Read moreTotalEnergies sees slight profit increase on higher oil output
(World Oil)– TotalEnergies SE said its third-quarter profit and cash flow may rise slightly after oil and gas output increased […]
Read moreCenovus Energy acquires additonal shares in MEG Energy
(BOE Report)– Cenovus Energy bought more shares in MEG Energy, raising its stakes to 9.8% in the Canadian oil sand company. […]
Read moreU.S. expects Japan to suspend Russian energy purchases
(Oil Price)– The United States expects Japan to stop importing Russian energy, Treasury Secretary Scott Bessent said on X, following a […]
Read moreTraders spooked by massive crude inventory build
(Oil Price)- The American Petroleum Institute (API) estimated that crude oil inventories in the United States increased by a large […]
Read moreWeekly Gas Storage: Inventories increase by 80 Bcf
Natural Gas Inventories as of October 10, 2025 The EIA has released its natural gas inventory report, showing a net […]
Read moreNorth America’s LNG export capacity could more than double by 2029, EIA says
(Investing)– Liquefied natural gas exporters in the U.S. have announced plans to more than double U.S. liquefaction capacity, adding an […]
Read moreHalliburton wins Petrobras contracts to enhance deepwater Brazil field performance
(World Oil)– Halliburton has been awarded multiple deepwater contracts by Petrobras to deliver vessel stimulation, intelligent completions, and safety valve […]
Read moreThree Crown Petroleum Announces Significant Progress in its Powder River Basin Drilling Program with Initial Production from 22,500-Foot Niobrara Horizontal Well and Expansion of Development Program
(Oil and Gas 360) – The Irvine 1NH well was recently completed and began producing on October 14th Expansion of […]
Read moreNorway to boost spending from Its $2 trillion oil fund in 2026 budget
(Oil Price) – The Norwegian government on Wednesday proposed to raise the spending from the country’s oil fund, the world’s largest sovereign wealth […]
Read moreOPEC Chief: The world needs $18.2 trillion in oil and gas investment
(Oil Price) – The world needs more investment in oil and gas as they will continue to account for a large […]
Read moreIEA projects record oil oversupply in 2026 as OPEC+ output rebounds
(World Oil) – A record oversupply of oil will be bigger than previously estimated and the excess is already starting […]
Read moreBofA says US-China trade tensions, OPEC+ output boost could push Brent below $50
(BOE Report) – Bank of America on Wednesday said that if U.S.-China trade tensions intensify while OPEC+ production ramps up, Brent […]
Read moreIMF ups Saudi Arabia’s 2025 GDP growth forecast to 4% as oil output rises
(BOE Report)– The International Monetary Fund upgraded its 2025 economic growth forecast for Saudi Arabia on Tuesday due to a […]
Read moreOil prices plunge on U.S.-China trade war tit-for-tat
(Oil Price)– Oil prices wiped out earlier gains to dip by more than 2% in early U.S. trade on Tuesday […]
Read moreValeura boosts offshore Thailand output with 10-well Nong Yao drilling campaign
(World Oil)– Valeura Energy Inc. reported higher production and continued growth across its Thailand portfolio in the third quarter, driven […]
Read moreEU presses US to drop tariffs on metals content
(Investing)– The European Commission is pressing the United States to remove tariffs on products made from steel as Brussels seeks […]
Read moreOil market braces for contango and shale slowdown
(Oil Price)– The prospect of a contango is casting a shadow over oil markets, with the entire 2026 WTI futures […]
Read moreExxonMobil retreats from Europe, credits Trump for pro-oil stance
(World Oil)– Exxon Mobil Corp. Chief Executive Officer Darren Woods renewed criticism of the European Union’s energy policies while praising […]
Read moreEnergy Advisors: 3Q A&D, Deal Flow Up, Deal Value Down
(Oil and Gas 360) – Energy Advisors released its 3Q A&D Special Report as a continuation of our thought leadership efforts. According to […]
Read moreBritain set to outlaw fracking after decades of debate
(Oil Price) – There have been discussions around fracking in the U.K. for years, with the government going back and […]
Read moreExxonMobil retreats from Europe, credits Trump for pro-oil stance
(World Oil) – Exxon Mobil Corp. Chief Executive Officer Darren Woods renewed criticism of the European Union’s energy policies while […]
Read moreSinopec diverts supertanker from US-sanctioned port, ship tracking data shows
(BOE Report) – The latest U.S. sanctions on a major Chinese crude oil terminal have forced refining group Sinopec to […]
Read moreSaudi Aramco can sustain 12 million Mpd oil output for a year
(Oil Price) – Saudi Aramco can sustain its oil production at its maximum capacity of 12 million barrels per day (bpd) […]
Read moreGlobal LNG supply surge will drive lasting demand growth, says ADNOC Gas CEO
(World Oil) – A looming surge in liquefied natural gas supply through the end of the decade is poised to create […]
Read moreOPEC points to smaller 2026 oil supply deficit as OPEC+ pumps more
(Investing) – LONDON -World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, […]
Read moreChina vows to protect its firms amid fresh US oil sanctions barrage
(Oil Price)– China vowed on Friday to protect the rights and interests of Chinese companies after the U.S. unleashed on […]
Read moreGlobal LNG supply surge will drive lasting demand growth, says ADNOC Gas CEO
(World Oil)– A looming surge in liquefied natural gas supply through the end of the decade is poised to create […]
Read moreChina and Iran seal oil-for-infrastructure deal to bypass U.S. sanctions
(Oil Price)– China has formalized a barter-style framework with Iran in which crude oil is exchanged for infrastructure projects (from […]
Read moreLatest US sanctions on Iranian oil deal blow to China’s Sinopec
(BOE Report)– The latest U.S. sanctions on Iranian petroleum exports deal a blow to Chinese refining giant Sinopec by targeting […]
Read moreMaduro offered Venezuela’s oil to Trump to avoid conflict with U.S.
(Oil Price) – The administration of Venezuelan leader Nicolás Maduro has offered to open up Venezuela’s oil and gold projects to […]
Read moreSable Offshore seeks Trump’s support to advance stalled California offshore oil project
(World Oil) – Sable Offshore Corp. is seeking the Trump administration’s help to jumpstart a California oil project stalled by […]
Read moreCanada PM Carney says Keystone XL pipeline could boost US-Canada ties
(Investing) – Canadian Prime Minister Mark Carney indicated on Friday that reviving the proposed Keystone XL oil pipeline from Alberta to […]
Read moreOil & Gas 360® Premium: Step-by-step guide to explore the valuation dashboards
(Oil & Gas 360) – EnerCom, Inc., a leading energy communications and consulting firm, has expanded its Oil & Gas […]
Read moreIran and Russia discuss boosting nuclear energy cooperation
(Oil Price)– Russia and Iran this week discussed boosting their cooperation in nuclear energy, including in building small nuclear reactors […]
Read moreBaytex mulls $3 billion Eagle Ford sale to refocus on Canadian operations
(World Oil) – Baytex Energy Corp., a Canada-based oil and gas producer, is weighing an exit of its operations in the […]
Read moreCarney pitches Keystone XL restart in exchange for progress on aluminum, steel
(BOE Report)– Prime Minister Mark Carney raised the prospect of reviving the Keystone XL pipeline project with U.S. President Donald […]
Read moreExxonMobil signs Majnoon oil field deal, marking return to Iraq
(World Oil)– ExxonMobil signed agreements that lay the groundwork for it to explore Iraq’s giant Majnoon oil field, ending the […]
Read morePermian emissions fall 20% since 2022 even as output rises, new study finds
(World Oil)– Greenhouse gas emissions from the Permian Basin have declined nearly 20% since 2022 even as oil and gas […]
Read moreInside Europe’s energy price crisis
(Oil Price)– Energy prices for consumers across the UK rose again this month. Ofgem, the energy regulator, set the maximum […]
Read moreWeekly Gas Storage: Inventories increase by 80 Bcf
Natural Gas Inventories as of October 3, 2025 The EIA has released its natural gas inventory report, showing a net […]
Read moreData centers lit the fuse on the next nuclear age
(Oil Price) – Just five years ago, no one could predict the surge in electricity demand that the United States is […]
Read moreRussia says it is boosting oil production
(Oil Price)– Russia has raised its oil production close to the ceiling in the OPEC+ deal, Russian Deputy Prime Minister […]
Read moreFire at Chevron’s El Segundo Refinery threatens California fuel supply
(Oil Price)– On the evening of October 2, a massive fire broke out at Chevron’s El Segundo refinery just southwest of Los Angeles. […]
Read moreOPEC+ nears its limit, leaving prices one crisis away from a spike
(Oil Price)– The OPEC+ group continues to return modest volumes of supply to the market, cautious not to sink oil […]
Read moreOPEC+ nears its limit, leaving prices one crisis away from a spike
(Oil Price)– The OPEC+ group continues to return modest volumes of supply to the market, cautious not to sink oil […]
Read moreTrump mulls cutting billions in funds from list of clean energy projects
(Investing)– The U.S. government is considering canceling billions of dollars in funding for clean energy programs, including awards for auto […]
Read moreCenovus sweetens takeover offer to C$8.6 billion for MEG Energy
(BOE Report)– Cenovus Energy on Wednesday sweetened its offer to acquire MEG Energy, raising the value of the proposed deal to C$29.80 […]
Read moreIraq, Exxon sign agreement to help develop oilfield
(Investing.com)– Exxon Mobil signed an agreement with Iraq on Wednesday to help it develop its large Majnoon oilfield and expand its oil […]
Read moreIraq, Exxon sign agreement to help develop oilfield
(Investing.com)– Exxon Mobil signed an agreement with Iraq on Wednesday to help it develop its large Majnoon oilfield and expand its oil […]
Read moreShell’s Q3 profit soars on strong trading and production
(Oil Price) – Strong gas trading, higher upstream production and liquefaction volumes, and increased refining margins are expected to boost […]
Read moreTrump administration mulls additional $12 billion clean energy funding cut
(Investing) – The U.S. government is considering cancelling $12 billion in Congressionally-mandated funding for clean energy projects beyond the cuts […]
Read moreChevron shakes up exploration with new hire from TotalEnergies
(BOE Report) – Chevron on Tuesday named a new head of global exploration as CEO Mike Wirth works to improve the […]
Read moreLow oil prices: Saudi gift to Trump or ticking bomb?
(Oil Price)– OPEC+ yesterday agreed to yet another monthly boost in production, this time for a modest 137,000 barrels daily. Oil […]
Read moreReconAfrica advances drilling at Kavango West 1X exploration well in Namibia
(World Oil)– Reconnaissance Energy Africa Ltd. (ReconAfrica) reports that drilling operations are progressing on schedule at the Kavango West 1X […]
Read moreZephyr Energy announces huge reserves boost, production potential in Paradox basin
(World Oil)– Zephyr Energy plc announced the results of an updated Competent Person’s Report (CPR) for its Paradox basin assets […]
Read moreOil & Gas 360 expands its premium offering with enhanced EnerCom analytics and market intelligence tool
(Oil & Gas 360) – EnerCom, Inc., a leading energy communications and consulting firm, has expanded its Oil & Gas […]
Read moreEnergy Advisors Market Monitor Series: What’s Driving A&D?
(Oil and Gas 360) – Energy Advisors recently released its latest edition of its MarketMonitor series, Letter From Dallas, highlighting […]
Read moreBaker Hughes wins shareholdernod for $13.6 B Chart Industries takeover
(Oil Price) – Chart Industries shareholders have approved the company’s $13.6-billion all-cash sale to Baker Hughes, positioning the Houston-based energy technology […]
Read morePrecision Drilling Corporation Announces the Appointment of Carey Ford as President and Chief Executive Officer and the Retirement of Kevin Neveu
(Oil and Gas 360) – CALGARY, Alberta, Oct. 06, 2025 (GLOBE NEWSWIRE) — The Board of Directors (the Board) of Precision Drilling […]
Read moreShell’s LNG Canada project nears first Train 2 cargo amid production ramp-up
(World Oil) – Shell’s LNG Canada is currently on track to load its first liquefied natural gas cargo from the facility’s […]
Read moreOil rises after OPEC+ hikes output less than expected
(Investing) – NEW YORK -Oil prices rose by about $1 on Monday after OPEC+’s planned production increase for November was more […]
Read moreGulf countries respond to U.S. trade pressure with trillion dollar plans
(Oil Price)– Over the past decade, the Gulf Cooperation Council (GCC), comprising Saudi Arabia, Qatar, the UAE, Bahrain, Kuwait, and […]
Read moreEnergy Market Assessment: More in the world seeing opportunity
(Oil & Gas 360) – More In The World Seeing Opportunity To Do/Be/Have Better Needs Much More Oil & Natural Gas, The […]
Read moreMEG Shareholders Set to Vote on Critical Decision – Cenovus vs. Strathcona vs. Going it Alone
(BOE Report)– The contest for MEG Energy is entering its final stages, with two competing bids on the table and shareholders […]
Read moreShell-led LNG Canada prepares to start Train 2
(BOE Report)- Led LNG Canada has begun the process of starting up its second 6.5 million tonnes per annum (mtpa) […]
Read moreOil recovers after 8% drop
(Oil Price)– Oil prices saw a small recovery on Friday morning after a continued selloff this week. Friday, October 3, […]
Read moreOil prices head for weekly loss as market awaits November supply news
(Investing.com)– Oil prices were stable on Friday but were still headed for a weekly loss of about 7-8% after news […]
Read moreEni approves $7.2 billion Coral Norte LNG project offshore Mozambique
(World Oil)– Eni SpA gave financial approval to build a $7.2 billion floating liquefied natural gas project in Mozambique that […]
Read moreBerkshire Hathaway Inc. to Acquire OxyChem
(Oil & Gas 360) – Berkshire Hathaway (NYSE: BRK) and Occidental (NYSE: OXY) today announced a definitive agreement for Berkshire […]
Read moreEnerMech wins major subsea contract for Australian offshore gas development
(World Oil)– EnerMech has won a significant contract to provide subsea pre-commissioning and specialist services for a major offshore gas […]
Read moreAlberta leads as proponent for West Coast pipeline
(BOE Report)– With the advice and technical support of three major pipeline companies, Alberta’s government, acting as proponent, will develop […]
Read moreOil prices sink to 4-month lows on oversupply concerns
(Investing.com)– Oil prices edged lower on Thursday, extending a run of declines into a fourth day, with Brent hitting its […]
Read moreMiddle east electricity demand to grow 50% over the next decade
(Oil Price)– The International Energy Agency (IEA) has revealed that electricity consumption in the Middle East and North Africa (MENA) has […]
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