The latest oil and gas news from around the world.
Updated: 44 min 52 sec ago
Iran Hopes Diplomacy Push Will Avert War With USA
On Sunday Trump said American naval assets were 'a couple of days' away from Iran.
Saudi Supply Hikes Help Drive Best GDP Growth Since 2022
Saudi Arabia's economy expanded at the fastest pace in three years in 2025.
US DOE Seeks State Partnerships to Build Integrated Nuclear Sites
The Department of Energy issued a call to state governments for expressions of interest in end-to-end sites that would expand the entire U.S. nuclear value chain.
Chevron Sees Self-Funding Model in VEN to Safeguard Cash
Chevron's cautious stance on injecting fresh capital is a reality check on how quickly the nation's oil industry can be revived.
Oil Closes Lower but Posts Strong Monthly Gain
Oil slipped on diplomatic signals toward Iran but still posted its biggest monthly gain since 2022.
Greece Warns Shipowners Against Sailing Near Iran Coast
Greece, home to the world's largest oil tanker fleet, told the nation's vessel owners to do what they can to stay away from Iran's coast.
Exxon, Chevron Lift Oil Production, Blunting Price Drop
Exxon Mobil Corp. and Chevron Corp. surpassed profit expectations as higher oil production helped offset the blow from lower crude prices.
Texas RRC Reveals Latest Oil, Gas Production Figures
The Railroad Commission of Texas (RRC) revealed its latest preliminary crude oil and natural gas production figures.
Murphy Oil Raises Dividend
Murphy Oil increased its quarterly dividend per share by eight percent to $0.35.
Analyst Reveals 'Market Consensus' for Next OPEC+ Meeting
The next OPEC+ meeting is currently scheduled to take place on Sunday.
GeoPark to Acquire Frontera Energy Assets in Colombia
'The transaction creates a leading regional independent E&P platform across Colombia and Argentina'.
Odds-On for USA to Strike Iran Before June
Prediction markets now put the probability of the U.S. striking Iran before June this year at 71 percent, SEB Chief EM Strategist Erik Meyersson said.
TotalEnergies Restarts Mozambique LNG Construction Activities
TotalEnergies said the under-construction Mozambique LNG is back in full gear after a security-related force majeure declaration that had been in place for about five years.
Zelenskiy Invites Russia to Energy Strikes Truce
Ukraine is ready to halt strikes on energy infrastructure if Russia agrees to abide by a US proposal for a weeklong truce, President Volodymyr Zelenskiy said.
Brent Settles Above $70 as Iran Tensions Rise
Brent topped $70 and WTI climbed above $65 amid fears of supply disruption in the Strait of Hormuz.
VEN Leader Pressed From All Sides Over Oil Plans
Venezuela's interim leader is playing to three different audiences with her plans for Venezuela's oil sector.
USA Crude Oil Stocks Drop Week on Week
Crude oil stocks, not including the SPR, stood at 423.8 million barrels on January 23, according to the EIA's latest weekly petroleum status report.
Trump Tells Iran Time Running Out for Deal
President Donald Trump warned Iran to make a nuclear deal with the U.S. or face military strikes far worse than the attack he ordered last June.
Rystad Expects Lower Upstream M&A Activity in 2026
'Timing and execution will determine whether several mega deals will go through', Rystad Energy said.
OKEA Makes New Discovery in Brage
OKEA and its partners discovered more hydrocarbon deposits in the producing Brage field on Norway's side of the North Sea.
