The latest oil and gas news from around the world.
Updated: 1 min 34 sec ago
Japan Refiners Ask Government to Tap Crude Stocks
Japanese oil refiners are asking the government to release crude from the nation's strategic petroleum reserves as the Middle East crisis worsens, according to people familiar with the matter.
Crude Volatile as Hormuz Risks Increase
Oil fluctuated as the Iran war disrupts Gulf energy flows and threatens global supply routes.
Saudi's Biggest Oil Refinery Faces Another Attack
Saudi Arabia said there was an attempted attack at its biggest oil refinery at Ras Tanura.
Cheniere Gets Non-FTA Permit for Additional Corpus Christi LNG Trains
DOE granted non-FTA export authorization for a two-train expansion totaling 3.28 million metric tons per annum at Cheniere's Corpus Christi LNG terminal in Texas.
North America Drops 11 Rigs WoW
North America dropped 11 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Russian Oil Remains Cheap
Russia's flagship crude blend is still trading at deep discounts despite a global oil rally.
Vintage Secures Extension of Loan for Australian Gas Projects
'This facility amendment, like the drilling grant by the South Australian government, underscores expectations of the capacity for increased gas supply from Odin and Vali'.
QatarEnergy Stops LNG, Some Downstream Production
QatarEnergy has announced the halt of LNG and 'some' downstream production.
TotalEnergies to Farm Down German Battery Storage Portfolio
'In line with our business model, this transaction enables us to optimize our capital allocation in our integrated power activities and helps improve the sector's profitability'.
Analyst Outlines 2 Potential Scenarios for Conflict
Oil prices rise in both scenarios.
Equinor Reaches Deal with Canadian Province to Advance Bay du Nord
'Project sanction is targeted for 2027, with first oil expected in 2031'.
Saudi Oil Storage Filling Fast, Kayrros Says
Major oil storage sites in Saudi Arabia are filling rapidly as the key export route through the Strait of Hormuz effectively remains closed to shipping, according to the geospatial analytics company.
Petrofac, CBI Deal Faces Hurdle as Creditor Arrangement Challenged
The challenge concerns National Insurance contributions for offshore workers from October 1999 to April 2014.
Oil Rally Pauses After Trump Pledge
Brent jumped 11% in two days before Trump's escort pledge cooled the rally.
UAE Reports Major Fire at Fujairah Oil Hub
Falling debris from an intercepted drone caused a major fire at the United Arab Emirates oil trading hub of Fujairah.
Oil is Iran's Weapon of Choice
'Oil is Iran's weapon of choice, and the U.S. gasoline pump is part of the battlefield', SEB Chief Commodities Analyst Bjarne Schieldrop warned.
GEL Starts Up UK's First Geothermal Plant
Concurrently GEL also launched commercial-scale production of lithium carbonate, a raw material for rechargeable batteries, at the United Downs facility in Cornwall.
USA Has No Immediate Plan to Tap Oil Reserve
A decision to tap the Energy Department's Strategic Petroleum Reserve could help stanch prices spikes, at least temporarily.
UK Tax Authorities Challenge Petrofac, CBI Deal
The challenge concerns National Insurance contributions for offshore workers from October 1999 to April 2014.
UK, Texas Industry Bodies Comment on Middle East Conflict
OEUK and TXOGA have both issued statements on the ongoing conflict in the Middle East.
