The latest oil and gas news from around the world.
Updated: 14 min 39 sec ago
How Much Gulf Production Will Isaias Knock Out?
Just how much Gulf oil and gas production will Isaias knock offline?
How Much Gulf Production Will Isais Knock Out?
Just how much Gulf oil and gas production will Isais knock offline?
Shell Expects Strong Trading Results for Q3
Shell expects to report strong results from oil trading in the third quarter as a squeeze on global fuel supplies drives refining margins to a record.
Oil Steady as Middle East Exports Rise
Crude prices stabilized as stronger Gulf exports competed with mounting concerns over attacks on tankers and tight global supplies.
China Refiners Flock to Iraqi Crude
China's independent refiners are turning to Iraqi crude.
Vistra Gets Conditional $4.2B DOE Loan for PJM Nuclear Fleet
The facilities have agreements to power Big Tech.
OPEC Holds Meetings With 2nd, 3rd Biggest Oil Consumers
OPEC revealed that it held meetings with the second and third biggest oil consumers in the world.
Uniper Places SAF Order with Syzygy Plasmonics
'Securing access to Syzygy's innovative technology is another important step in building our position in a market with significant growth potential'.
JERA Forms Oil Stockpiling Unit
JERA Oil Storage will oversee the integrated power utility's four stockpiling facilities in Tomakomai-Tobu, Akita, Fukui and Shibushi under a joint contracting deal with the government's JOGMEC.
Vitol CEO Says Oil Inventories in West Have Been Exhausted
Oil inventories in western countries have been exhausted as a result of the Iran war, the boss of the world's largest independent oil trader said.
100+ Oil Execs Predict Future WTI Oil Prices
More than 100 oil and gas firm executives revealed where they expect the WTI crude oil price to be at various points in the future in the third quarter Dallas Fed Energy Survey.
ADNOC to Continue Supplying LNG to Thai Power Developer
ADNOC signed a new 'multi-year' agreement to supply about two million metric tons per annum of liquefied natural gas to Thai gas-focused electricity developer Gulf starting 2027.
Brent Once Again Toiling Around $100 Mark
Brent is once again toiling around $100 per barrel as its reasons for trading much beyond the psychological three-digit mark are being eroded, PVM Oil Associates Analyst John Evans said.
Tankers Sought as Iraq Pushes On with Hormuz Oil Exports
Iraq is set to hire additional tankers, with at least two arriving over the next few days as the country looks for greater control over moving its oil through the heavily contested Strait of Hormuz.
Oil Slides on Saudi Price Cut
Crude prices declined as Saudi Arabia cut Asian prices and Hormuz oil flows improved.
BP Must Make Better Use of Shareholder Capital, CEO Says
BP Plc needs to make better use of investor capital, Chief Executive Officer Meg O'Neill said.
North America Enters Rig Addition Streak, BH Count Shows
North America added seven rigs week on week, according to Baker Hughes' latest North America rotary rig count.
MidOcean Expects to Raise $4B LNG Growth Capital This Year
The LNG company managed by EIG concluded its funding round for the year with over $4 billion in closed and pending commitments from new and existing investors.
Aramco CEO Says Oil Supply Buffer Is 'Scarily Thin'
'Until Hormuz fully re-opens and confidence returns, the crude reality is that pressure at both ends of the barrel will intensify', Aramco Chief Executive Amin Nasser said.
Matador Seals Acquisition of EnCap Delaware Basin Assets
'We believe the Paloma assets hold some of the highest hydrocarbon resources per acre in the Lower 48'.
