Industry News

Russia said it attacked Ukrainian electricity plants in a 'massive strike' overnight.

Power LNG secured a lease agreement with the Galveston Wharves Board of Trustees for a small-scale, modular liquefied natural gas production, storage and fuel bunkering facility on Pelican Island.

'Alaska remains central to America's energy future', MMA Acting Director Mike Olsen said.

Equinor and its partners discovered oil and gas near the Oseberg field on Norway's side of the North Sea, with preliminary estimates of 19-50 million barrels of oil equivalent.

'Energy security must unite us, not divide us', Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs, and the President and CEO of QatarEnergy, said.

A limited fire erupted at Aramco's office complex in Dhahran and there were no casualties, Saudi authorities said.

Saudi Arabia reported to OPEC that its crude production jumped by a third last month.

Oil prices settled mixed as Middle East supply threats persisted and traders took profits.

Equinor and Eneco have now signed three agreements this year for gas supply to the Netherlands and Germany.

The new financing, coordinated by ING and UniCredit, reflects 'Uniper's importance to Europe's energy supply', said chief financial officer Christian Barr.

BP expects net debt to have declined by as much as $7.8 billion as of the end of the third quarter.

The third quarter Dallas Fed Energy Survey examined theft in the oil field.

Murphy Oil began production at two projects in the United States Gulf of America and Vietnam, as well as made another discovery in the Southeast Asian country and successfully appraised an Ivorian discovery.

Chinese refiners will slow drawdowns of oil from reserves this month as crude imports recover, according to Energy Aspects.

GasBuddy flagged a 'fragile calm at the pump' in the United States.

'These charges are primarily attributable to transition businesses in the gas and low-carbon energy segment'.

October is beginning to look a lot like April for the oil market, analysts at J.P. Morgan said.

Oil tankers with links to Japan appear to be picking up Middle East cargoes directly in the region once again, a tentative but significant return for the first time since the war began in February that speaks to soaring freight and logistics costs.

Brent settled above $106 amid escalating Middle East tensions and uncertainty over a Russia-Ukraine energy truce.

Japanese Trade Minister Ryosei Akazawa called for stronger cooperation between oil-producing and consuming countries as well as greater oil stockpiling and infrastructure development in Asia.