Industry News

Israel Strikes Continue amid Reports Iran Keen to De-Escalate

Industry News - 3 hours 20 min ago
Tehran is signaling it wants to deescalate hostilities with Israel and is willing to resume nuclear talks with the US as long as Washington doesn't join the Israeli attacks, the Wall Street Journal reported.

OPEC Says Output Hike Tempered by Compensation from Quota Cheats

Industry News - 3 hours 29 min ago
With Iran's crude exports so far unaffected, the OPEC secretary-general said OPEC doesn't need to take any immediate action.

TotalEnergies Farms Into 40 Chevron Exploration Leases offshore US

Industry News - 3 hours 52 min ago
TotalEnergies acquired a 25 percent stake in a Gulf of America exploration portfolio operated by Chevron.

Baker Hughes Scores Plug and Abandonment Job from Equinor

Industry News - 4 hours 9 min ago
Equinor selected Baker Hughes to provide plug and abandonment services in the Oseberg East field offshore Norway.

Borouge, ADNOC L&S Enter into 15-Year Partnership for UAE Petrochemicals

Industry News - 4 hours 12 min ago
The service agreement will deliver a minimum guaranteed value of $531 million (AED 1.95 billion).

Chevron, Halliburton Develop Intelligent Feedback for Automated Fracking

Industry News - 4 hours 26 min ago
'This intelligent fracturing process combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention'.

Israel-Iran Attacks Escalate on Fourth Day with No End in Sight

Industry News - 4 hours 29 min ago
US President Donald Trump has sent contradicting signals, first urging Iran to reach a nuclear deal and later adding it and Israel 'should make a deal, and will make a deal'.

DNO Closes Acquisition of Sval Energi for $450MM

Industry News - 4 hours 44 min ago
The acquired portfolio consists of 16 producing fields in Norway.

ABB Wins Electrical, Automation Contract for Two Petrobras FPSOs

Industry News - 5 hours 48 min ago
Seatrium selected ABB for the supply of electrical equipment and automation solutions for the two FPSOs that Petrobras commissioned for two new developments in the Atapu and Sepia fields offshore Brazil.

ADNOC, ADQ, Carlyle Make Joint Offer to Buy Santos

Industry News - 9 hours 17 min ago
Santos said it intends to endorse to shareholders its potential acquisition by the ADNOC-led consortium, a year after ending merger talks with Australian compatriot Woodside.

Russia Says It Struck Kremenchuk Oil Refinery in Ukraine

Industry News - 10 hours 18 min ago
Russia said its overnight missile and drone barrage struck the large Kremenchuk oil refinery in central Ukraine.

Israel-Iran Attacks Extend to Fourth Day with No Deal in Sight

Industry News - 11 hours 13 min ago
US President Donald Trump said Iran and Israel 'should make a deal, and will make a deal'.

TotalEnergies' Saft Scores BESS Job for Gurin Energy in Japan

Industry News - 12 hours 9 min ago
'Asia is a critical region for the sustained, long-term growth of Saft's ESS business'.

Pertamina Expands Pertamax Green 95 Network in Central Java

Industry News - Sun, 2025-06-15 06:00
The Pertamax Green product line is now available at 119 gas stations across Jakarta, West Java, Banten, Central, and East Java.

NRG Expects to Line Up New US Data Center Deals This Quarter

Industry News - Sat, 2025-06-14 06:00
NRG is working on deals to power US data centers 'all over the country' and will reveal details with second-quarter results.

Oil Spikes as Israel's Attacks on Iran Stoke Fears of Wider War

Industry News - Fri, 2025-06-13 15:28
Oil surged the most in more than three years after Israel carried out airstrikes against Iran.

Qualitas Leads Bidding for $8 Billion Clean Energy Firm Cubico

Industry News - Fri, 2025-06-13 09:17
Qualitas emerged as the leading bidder for the business after interest from KKR & Co.'s ContourGlobal, the other remaining suitor, cooled, according to people with knowledge of the matter.

Trump Urges Iran to Agree Nuclear Deal to Avoid More Attacks

Industry News - Fri, 2025-06-13 08:46
'There is still time to make this slaughter, with the next already planned attacks being even more brutal, come to an end'.

Trump Overturns California Phaseout of Fossil Fuel Cars

Industry News - Fri, 2025-06-13 08:31
The president signed into law congressional resolutions that overturn three California regulations for cleaner transport, including one that would phase out the sale of new fossil fuel vehicles by 2035.

Trigon Approves 2.5-MMtpa LPG Export Facility in Prince Rupert, BC

Industry News - Fri, 2025-06-13 06:11
Trigon expects the CAD 750-million project to start operation late 2029.

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