Industry News

The acquisition of the Greater Meridian CSG project 'converts a long-standing contracted supply relationship into GLNG equity production, consistent with Santos' strategy to backfill and sustain GLNG with owned production', Santos said.

'I am deeply honored', said the RRC's new Chairman.

Iran said it discovered more than 7.5 trillion cubic feet of natural gas.

The Emirati state-owned renewables company began commercial operations at a 35-megawatt battery energy storage system in Rochdale, England, its second start-up toward a target of three-gigawatt-hour BESS capacity across the UK.

The U.S. Energy Information Administration edged its U.S. total energy consumption projection down for 2026 and up for 2027.

Equinor signed a 15-year agreement with Uniper to supply over 30 terawatt hours a year of natural gas to Germany.

Brent crude has seen another volatile month of trading, analysts at BMI highlighted.

Iran's oil shipments to Asia have all but dried up, driving the cost of those cargoes to the highest levels in years even before the U.S. administration announces fresh moves to isolate Tehran and its trading partners.

The Spring, Texas-based supermajor is seeking to invest billions of dollars in a new oil project at the nation's Kashagan development, a step that would help to cushion a slide in production at Tengiz, its top deposit.

U.S. refiners are facing a looming supply drop from their biggest foreign crude supplier at a time when they need the oil the most.

Crude extended its rally as Asian demand strengthened while the Iran conflict continued to constrain global supplies.

'It would be better to end the war today, when we have power and dignity, and with the whole world acknowledging our victory', Masoud Pezeshkian said, according to the semi-official Iranian Students' News Agency.

The Justice Department claimed 'a significant victory for President Trump's efforts to unleash American energy'.

The Styrke union warned of an immediate strike should negotiations with the Federation of Norwegian Aviation Industries do not result in an agreement.

Buru said it plans to build a mini-refinery to supply the Kimberley region as part of a new sales model for the remaining volumes in the Ungani field in the Canning Basin.

ORLEN signed a three-year agreement to buy five to more than nine million metric tons a year of crude oil from Norway.

Dangote Group has offered East African countries a 30 percent equity stake in the giant refinery planned for the region, according to Kenyan President William Ruto's top economic adviser.

Shipowners including Sinokor Group are helping Saudi Arabian crude exit the Red Sea via the safer northern route, as Iran-backed militants target the kingdom's exports via the Bab el Mandeb chokepoint in the south.

Oil climbed to a one-month high as new US threats against Iran raised fears of a prolonged conflict.

Billionaire shale pioneer Harold Hamm's Continental Resources Inc. signed agreements to buy half of an Argentinian shale oil firm owned by Mercuria Energy Group.