The latest oil and gas news from around the world.
Updated: 6 min 23 sec ago
Maritime Groups Comment on Middle East Situation
INTERTANKO and OCIMF have issued a joint statement on the situation in the Middle East.
CLNE Announces Spate of RNG Deals
The contracts with trucking, refuse and transit fleets indicate 'continued growth of clean fuel adoption across multiple sectors', the Newport Beach, California-based company said.
Saudi Arabia Races to Reroute Oil
Saudi Arabia is diverting millions of barrels of oil to its Red Sea ports.
Venture Global Logs 181 Percent Increase in Annual LNG Sales
Revenue rose 177 percent to $13.8 billion.
JP Morgan Warns DFC Insurance Cap is Too Small for the Risk
J.P. Morgan analysts highlighted that 'to reopen the Strait, President Trump announced on Tuesday that the U.S. will escort and insure all commercial vessels transiting Hormuz, leveraging the DFC'.
Britain's National Grid Awards $4B Supply Contracts for EGL3
National Grid awarded contracts totaling nearly GBP 3 billion to Hitachi Energy and NKT for the supply of converter stations and the cable system for the electricity link between Scotland and England.
Are We Heading for an All-Out War in the Middle East?
Rigzone talks to Benjamin Zycher, a Senior Fellow at the American Enterprise Institute, and Doug Bandow, a Senior Fellow at the Cato Institute.
EU Sees No Energy Supply Concern from Mideast War for Now
The EU does not expect immediate impact from the fresh Middle East conflict on the security of oil and gas supply in the bloc, even amid a stoppage of flows from the Druzhba oil pipeline.
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.
