Gazprom Boss Says Russia, Partners Have Enough Winter Gas
Alexey Miller, chair of the state-owned company's management committee, said Russia's underground gas storage inventories will reach a new all-time high this year.
Eni, Petronas to Jointly Explore High-Performance Biofuels
The Italian and Malaysian energy majors - partners with F1 teams - signed a collaboration agreement to test newer processes to produce biofuels for high-performance deployment.
China Buying More Oil despite Higher Prices
Undeterred by higher prices, importers shipped in 37.9 million tons last month, 6.2 percent more than in July, according to customs data.
Goldman Flags Risk of $120 Oil
Oil may rally to as much as $120 a barrel if attacks on shipping in the Middle East increase, according to Goldman Sachs Group Inc.
Williams Completes $5.5B Momentum Acquisition
'With the acquisition now complete, Williams has established a premier Haynesville position that strengthens our ability to serve rapidly growing LNG, power and industrial demand along the Gulf Coast'.
Venezuela OPEC Exit 'Structurally Likely'
Venezuela's exit from the OPEC group is 'structurally likely' but not for now, Kpler Senior Commodity Analyst Homayoun Falakshahi outlined in a market update.
GeoPark Enters Venezuela via Gilinski Partnership
GeoPark expects net production of about 400 million barrels from the redevelopment of the Bare Block, which currently produces around 11,000 barrels per day gross.
Ukraine Restarts Attacks on Refineries Deep Inside Russia
Ukraine says it hit oil processing plants in Russia's Perm region and Tatarstan overnight.
Dorian LPG Orders 3 New Vessels from Hanwha Ocean
The South Korean shipbuilder will deliver the dual-fuel Panamax VLGCs in 2030.
USA-VEN Oil Deal Not a Near Term SPR Filler
The U.S.-Venezuela oil deal is a long-term project, not a near-term U.S. Strategic Petroleum Reserve filler, Emily Ashford, Standard Chartered Bank's Head of Energy Research, said.
ExxonMobil to Acquire Papua LNG Operatorship from TotalEnergies
TotalEnergies said the transfer, which also involves a farm-down by the French majority owner, will help bring the project closer to a final investment decision.
OPEC+ 7 Reveal October Output Plan
A statement posted on OPEC's website on Sunday revealed Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman's production plan for October.
Iran, Oman Close In on Hormuz Deal
The agreement, which the two countries have been negotiating for weeks, is in the final stages and will include details on a temporary safe route through the crucial waterway, Foreign Ministry Spokesman Esmail Baghaei told reporters.
Equinor Starts Up 100 MW Energy Storage Project in Texas
Equinor said the 200-mWh Citrus Flatts battery energy storage facility in Harlingen, Texas is now online.
Russia's Oil Revenue Sinks to 6 Month Low
Russia's oil revenue slumped to a six-month low in August.
Oil Holds Gains
Oil ended a volatile week 9.7% higher as renewed US-Iran fighting kept Hormuz supply risks elevated.
USA Retail Diesel Hits Record
U.S. retail diesel rose to a record.
USA Crude Oil Stocks Drop Week on Week
Crude oil stocks, not including the SPR, stood at 424.5 million barrels on August 28, the EIA's latest weekly petroleum status report showed.
Eni Finalizes Venezuelan Deal for 35Bbbl Field
Eni secured a 25-year agreement with state-owned PdVSA to relaunch activities at the Junin-5 heavy oilfield in the Orinoco Belt.
EnQuest Trims Losses
The London-based company, whose production comes from the UK's side of the North Sea and Southeast Asia, reported a net loss of $24.83 million for H1 2026, improving from -$39.94 million for H1 2025 on higher production and higher oil prices.
