Petrobras Launches Binding Phase for Sale of Tartaruga Field Stake
Petrobras is selling its 25 percent stake in the field, located in the Sergipe-Alagoas Basin.
Var Energi Signs Long-Term Partnership Agreement for NCS Operations
Var Energi signed a long-term partnership deal with Aker Solutions, Honeywell, and StS-ISONOR for the delivery of modification and maintenance services on the Norwegian continental shelf.
Oil Prices Rise as Trump Tariff Plans Stoke Import Fears
Crude futures rose as looming tariffs on Canadian and other imports sparked supply cost concerns.
Carney Says Canada Can Use Electricity for Leverage If USA Starts Trade War
The provinces of Quebec and Ontario are important exporters of electricity, sending power south to states including New York.
Why Has the USA Natural Gas Price Dropped Lately?
Rigzone talks to several analysts.
ContourGlobal Acquires 446 MWp US Solar Portfolio from Qcells
The acquisition grows ContourGlobal's under-development PV portfolio in the U.S. to nearly 1.2 GW.
Asia Grabs Europe's Oil After Russia Sanctions Redraw Trading
Millions of barrels of oil that would normally be preserve of oil refineries in Europe are instead heading to Asia.
Stonehenge, UGI Acquire Superior Midstream Appalachian
The acquisition contributes a combined daily flow of about 190 million cubic feet a day to the UGI-Stonehenge joint venture.
Diversified Energy Enters Deal to Buy Maverick Natural Resources
The combined company will have an enterprise value of approximately $3.8 billion as of signing, a Diversified Energy release stated.
Coterra Completes $3.9 Billion Permian Acquisitions
Coterra completed the purchase of additional stakes in the U.S. Permian Basin from Avant Natural Resources and Franklin Mountain Energy for a combined price of about $3.9 billion.
Shell Closes Acquisition of Gas Plant in Rhode Island
The acquisition 'maintains SENA's position in the deregulated Independent System Operator New England (ISO New England) power market'.
Trammo Eyes Offtake from Major ExxonMobil Low-Carbon Hydrogen Project
ExxonMobil and Trammo signed heads of agreement to advance talks on a potential commitment by the fertilizer trader to buy ammonia on a long-term basis from the oil and gas giant's planned project in Texas.
Macquarie Strategists Forecast USA Crude Inventory Build
Macquarie strategists are forecasting that U.S. crude inventories will be up for the week ending January 24.
Petrobras Extends FPSO Cidade de Angra dos Reis Charter
Petrobras extended the charter period for the FPSO Cidade de Angra dos Reis by an additional five years, until 2030.
Shell Makes Changes to Executive Committee as Vigeveno Leaves
Shell named two new directors.
Italy's Push for LNG Terminals Risks Overbuild amid Falling Demand: IEEFA
Consumption of the super-chilled gas may be less than a third of Italy's import capacity by 2030, the IEEFA said.
Oil Prices Fall Amid Trade Policy Concerns and Equities Rout
Oil prices declined as concerns over US trade tariffs, a slowing Chinese economy, and geopolitical tensions unsettled markets, while algorithmic trading further pressured futures below $75
EU Agrees to Extend Russia Sanctions With Hungary Backing Down
European Union foreign ministers agreed on Monday to extend sanctions on Russia.
North America Keeps Adding Rigs
The total North America rig count stands at 821, according to Baker Hughes' latest North America rotary rig count.
Halliburton Posts Quarter-on-Quarter Income Rise
Halliburton reported $615 million in net profit for Q4 2024.
