Industry News

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.

Texas upstream employment rose in August, the Texas Independent Producers and Royalty Owners Association (TIPRO) highlighted.

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.

ABO Energy agreed to sell 3.17 gigawatts of under-development assets in Argentina to Singapore's Novva, in another country exit for the German renewable energy developer.

'Beyond the operational Cibuk complex, Masdar has a Serbian development pipeline of more than 200 MW spanning solar, wind and battery storage projects'.

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

AI companies and old-economy refiner stocks have at least one thing in common.

Poland's ORLEN agreed to continue supplying liquefied natural gas to Ukraine's Naftogaz, as well as committed to supplying oil products to Ukraine.

Has the oil market changed forever following the U.S.-Iran conflict?

BP has now agreed to farm down to East Asian LNG buyers a total of 10 percent in an Australian project that would unlock new feed gas for the Karratha Gas Plant.

'We simply don't know how to model the endgame', the analysts said.

The Moscow Oil Refinery was hit during drone attacks that were part of the largest overnight Ukrainian barrage this year, as Russia entered the final day of voting in its parliamentary elections.

The European Commission approved around $145 million in grants from the Connecting Europe Facility for two climate-neutral German-Polish district heating projects and an onshore wind park near the Latvia-Lithuania border.