The latest oil and gas news from around the world.
Updated: 42 min 58 sec ago
ASEAN Could Unlock 25 GW of RE via Singapore Interconnections: Rystad
Southeast Asia could unlock up to 25 GW of renewable energy generation and over $40 billion of investment in hydropower, solar and offshore wind if all proposed interconnections with Singapore are realized.
OMV to Explore Geothermal Potential in Styria
The Austrian state-backed energy company expects to drill an exploration well in the second half of 2026.
ADNOC Gas Awards $5B Contracts for RGD Project
ADNOC Gas approved phase one of the Rich Gas Development project in the UAE and awarded $5 billion worth of contracts.
EU Proposes Nord Stream Ban, Lower Oil Cap to Hit Russia
The EU proposed a ban on the Nord Stream gas pipelines and the reduction of an oil price cap as part of a new sanctions package that aims to pile pressure on Moscow to end its war against Ukraine.
Indian State Oil Refiners Plan Tanker Order for Domestic Use
India's state-run refiners are planning to order 10 domestically-built vessels to transport fuels around the country as the government pushes ahead with its ambition to expand the shipbuilding industry.
Oil Edges Lower as Traders Await Result of USA-China Trade Talks
Oil edged lower as the market awaits the outcome of a second day of trade talks between the U.S. and China.
NJ Wind Project That Trump Dubbed a Disaster Is Canceled
The developer of a New Jersey offshore wind farm designed to power more than 700,000 homes has pulled the plug on the project.
XCF Global Completes SAF Merger
XCF Global Capital and Focus Impact BH3 Acquisition completed their combination, creating the first publicly traded pure-play SAF producer in the U.S.
DOE Announces New Supercomputer Powered by Dell, NVIDIA
The U.S. Department of Energy announced a new supercomputer powered by Dell and NVIDIA 'to speed scientific discovery'.
Germany's SEFE Strikes 10-Year Deal for Gas From Azerbaijan
Germany's state-owned SEFE signed a 10-year deal to buy gas from Azerbaijan's Socar.
Gran Tierra to Sell UKCS Asset to NEO Energy for $7.5MM
The completion of the transaction is expected in the third quarter.
Constellation Signs 20-Year PPA with Meta
Beginning in June 2027, the agreement supports the relicensing and continued operations of Constellation's Clinton nuclear facility for another two decades.
Baker Hughes Sells PSI Product Line to Crane in Billion Dollar Deal
'We believe the value realized in this transaction is a testimony to these product lines' quality and the potential they can achieve as part of Crane', Baker Hughes Chairman and CEO Lorenzo Simonelli said.
CP2 LNG in Louisiana Begins Site Work
'This significant engineering and off-site progress now positions CP2 as one of the most advanced LNG export projects under development in the United States'.
Repsol Taps Halliburton to Support UK North Sea Operations
Halliburton bagged a five-year contract to service Repsol's assets on the United Kingdom's side of the North Sea.
ADNOC's XRG Targets 20-25 MMtpa Gas Portfolio by 2035
XRG set a goal of building a top-five integrated gas and LNG business with a capacity of 20-25 MMtpa by 2035.
UK Trials Underwater Defense Robot
Dstl has trialed an underwater robot which can prevent adversaries from sabotaging undersea cables and pipelines by disarming or removing threats, a statement posted on the UK government website on Monday said.
China Gas Sector Lobbies for More Power Plants to Boost Demand
China's natural gas producers are lobbying Beijing to increase the number of power plants that run on the fuel, in a bid to help prop up faltering demand.
PTAS Aker Solutions Secures Contract Extension with Brunei Shell Petroleum
The contract involves maintenance and upgrades to sustain production levels across offshore assets in the South China Sea.
SAKURA Internet, JERA Explore Building Data Centers
SAKURA internet signed a deal with JERA to explore the potential of establishing data centers connected to JERA's power infrastructure.
