Industry News

Uniper agreed to buy 40,000 metric tons of electro-sustainable aviation fuel from Arcadia eFuels' Project Endor in Denmark.

Texas Railroad Commissioner Wayne Christian has urged oilfield operators to report theft, a statement posted on the Texas Railroad Commission's (RRC) website recently highlighted.

The State Oil Company of the Azerbaijani Republic signed several collaboration agreements with international companies including ExxonMobil at the Azerbaijan International Investment Forum.

Standard Chartered Bank Energy Research Head Emily Ashford outlined that there will be no return to normal for the oil market.

A Kenyan court ordered construction to be paused on Aliko Dangote's $16 billion oil refinery in the East African nation, after a group of petitioners filed a case opposing the project.

Dozens of executives teed up at the lush Caracas Country Club for a golf tournament Monday.

Oil rose modestly as traders weighed tight supplies against progress toward reopening Hormuz.

North America added 15 rigs week on week, according to Baker Hughes' latest North America rotary rig count.

'The acreage is adjacent to Eni's existing operated and participated blocks and close to the future North Hub developments'.

Saudi Arabia has restored about half the flows through its cross-country oil pipeline bypassing the Strait of Hormuz.

The pipeline has a total capacity of about seven million a day, with about five million typically earmarked for exports.

State-owned PTTEP expects to start production 2028 to help meet Thailand's growing energy demand.

State-owned PVN said its agreement with Chevron could also secure liquefied natural gas and liquefied petroleum gas for Vietnam.

AFPM announced that more than 30 U.S. business, energy, and manufacturing groups from around the country have issued a letter to U.S. President Donald Trump.

Brent oil was up more than three percent in intraday trading on Monday.

Nonetheless, TotalEnergies said it is targeting a 50 percent reduction in Scope 1 and 2 emissions from oil and gas upstream and downstream activities, excluding gas electricity generation, by the end of the decade compared to 2015 levels.

Iran stuck to its seven-day proposal for reopening the crucial Strait of Hormuz, saying it won't soften its conditions, while President Donald Trump sent mixed signals about his willingness to reach a deal.

The European Union opened the door to oil and gas importers getting an extra year to prepare for the bloc's methane reporting rules, in a bid to safeguard energy security amid disruptions caused by the Iran war.

Iraq's state-owned marketing company is offering buyers last-minute crude cargoes, according to people with direct knowledge of the matter, as sky-high freight rates complicate the purchase of shipments from deep inside the Persian Gulf.

Crude declined on hopes for a US-Iran breakthrough, though tight physical supplies continue to support the market.