The latest oil and gas news from around the world.
Updated: 9 min 56 sec ago
Liberty Energy Sees USA Oil Activity Holding Firm With Prices Above $60
Liberty Energy Inc., one of the biggest U.S. fracking companies, expects most producers to stick with their production plans as long as crude prices can hang on near current levels.
Eni Signs MoU with YPF for Argentina LNG Project
The project is expected to be developed in multiple phases and export up to 30 million tons per year (mtpa) of liquefied natural gas (LNG) by the end of the decade.
How Low Can Oil Go? Heritage Foundation Talks to Rigzone
Rigzone talks to Diana Furchtgott-Roth, Director of the Center for Climate, Energy, and the Environment at The Heritage Foundation.
UK Industry Body Invites Public to Join Live Debates
'These debates offer a valuable opportunity to ask questions, hear diverse viewpoints, and engage directly with those influencing the country's energy landscape', OEUK said.
Trump Moves to Levy Chinese Vessels in Widening Trade War
The Trump administration took steps to impose levies on Chinese vessels docking at U.S. ports.
Fracker Liberty's Profit Falls to 3-Year Low as Oil Slumps
Shale fracker Liberty Energy Inc. posted its worst earnings in three years.
Oil Surges Amid Iran Sanctions
Oil prices surged nearly 4%, driven by US sanctions tightening pressure on Iran's energy exports.
USA EIA Boosts Henry Hub Natural Gas Price Forecasts
The U.S. Energy Information Administration increased its Henry Hub natural gas spot price forecast for 2025 and 2026 in its latest short term energy outlook.
TGS Expands its Mauritania 3D Seismic Library
Energy data and intelligence provider TGS has expanded its multi-client data library offshore Mauritania.
BP Chairman Lund Re-Elected to Board Despite Protest Vote
BP Plc's outgoing Chairman Helge Lund was re-elected to the company's board amid a sizable protest vote.
USA Oil, Gas Operators Encounter Avalanche of Economic Policy Changes
Rystad Energy said U.S. oil and gas operators have encountered an avalanche of economic policy changes from the Trump administration over the last week.
USA Crude Oil Inventories Increase Week on Week
Crude oil stocks, not including the SPR, stood at 442.9 million barrels on April 11, the EIA's latest weekly petroleum status report showed.
United Oil Secures Two-Year Extension for Jamaican Asset
United said it has resumed talks with selected parties who had previously expressed interest before the farm-out process was suspended in December 2024.
OPEC+ Efforts at Oil Quota Compensation Look Flimsy as Ever
The total backlog of overdue compensation cuts has increased by almost nine percent to roughly 139 million barrels.
Keystone Restarts Oil Pipeline After Leak Prompted Shutdown
The operator of the Keystone oil pipeline brought the conduit back into service.
US Inventory Drop, OPEC Action Lift Oil Prices
Iraq pledged to cut oil exports under OPEC+ pressure, adding momentum to the crude rebound.
APA Corp Makes Leadership Changes, Names Ben Rodgers as CFO
APA Corporation recently made changes to its executive leadership team.
TotalEnergies Agrees 15-year LNG Supply Deal with Enadom
'We are pleased to have signed this agreement to answer, alongside AES and its partners, the energy needs of the Dominican Republic', said Gregory Joffroy, Senior Vice President LNG at TotalEnergies.
DOI Announces 'Significant Increase' in Estimated Gulf OCS O&G Reserves
The U.S. Department of the Interior announced a 'significant increase in estimated oil and gas reserves in the Gulf of America Outer Continental Shelf'.
Iraq to Cut Oil Price in Federal Budget Amid Plummeting Market
Iraq, OPEC's second-largest producer, plans to cut its oil-price assumption in the federal budget after the market plunged.
