The latest oil and gas news from around the world.
Updated: 1 hour 13 min ago
TotalEnergies, Bapco Launch Trading JV for Bahraini Fuels
TotalEnergies and Bahrain's state-owned Bapco Energies launched an equally owned trading platform to sell output from the Bapco refinery in the kingdom to the domestic and international markets.
India Is Now UAE's Largest Customer of LNG
India is now the United Arab Emirates' largest customer of LNG, ADNOC Gas said.
EnBW Gives Up 2 Irish Sea Wind Projects with BP-JERA JV
JERA Nex BP is acquiring co-venturer EnBW's stake in the Mona wind project in UK waters, while the partners dropped the Morgan offshore wind project.
North America Adds 28 Rigs Week on Week
North America added 28 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
TotalEnergies Secures New Deal to Sell Niger Delta Stake
TotalEnergies secured a new buyer in Vaaris for its 10 percent interest in a Niger Delta JV previously operated by Shell after Chappal failed last year to consummate an earlier transaction.
Mol to Buy Gazprom Stake in Sanctioned Serbian Refinery
Mol and Gazprom agreed on the terms of a deal that will see the Hungarian company gain control of Serbia's only oil refinery, paving the way for the lifting of U.S. sanctions on the plant's operator.
Petronas Names New COO
Petroliam Nasional Bhd. appointed Mohd Jukris Abdul Wahab as its new chief operating officer.
Batistas Poised for Venezuelan Oil Revival
The billionaire Batista brothers are eyeing a billion-barrel Venezuelan oil project that stands to benefit from U.S. President Donald Trump's planned revival of the South American nation's energy sector.
Reliance Posts Refining Gains despite Sourcing Challenges
'Agile crude sourcing helped sustain throughput despite procurement challenges'.
Why Is the USA Natural Gas Price Rising Today?
Rigzone talks to several analysts.
Var Energi Raises Estimates for New Barents Sea Oil Discovery
'A tie-back to the nearby Goliat FPSO is being planned, targeting first production in 2019'.
Where Will the WTI Oil Price Land in 2026 and 2027?
According to the U.S. Energy Information Administration's latest short term energy outlook, the West Texas Intermediate spot price average will drop in 2026 and 2027.
Leviathan Partners Approve Expansion Project
Chevron and its local partners agreed on a $2.36-billion final investment decision for stage 1 of a project to raise production in the Leviathan gas and condensate field offshore Israel.
Azerbaijan Starts Sending Gas to Austria, Germany via TAP Pipeline
Azerbaijan this month began supplying natural gas to Germany and Austria via Italy using the Trans-Adriatic Pipeline, SOCAR said.
Philippines Makes Discovery Near Dwindling Malampaya
The discovered reservoir is estimated to contain around 98 billion cubic feet of gas, equivalent to almost 14 billion kilowatt hours of electricity per year, President Marcos said.
Enverus Warns of 'Contrasting Market Dynamics' in 2026
In its 2026 energy outlook report, Enverus warned that this year is 'likely to be characterized by contrasting market dynamics'.
Kolibri Reports Increased Flows at New Oklahoma Wells
Kolibri reported improved flow rates at the Barnes and Velin wells in Oklahoma's Tishomingo field.
Veteran Gas Executive Leaving Mercuria
Steve Hill is leaving the trading house.
Crude Settles Higher After Volatile Week
Reduced fears of immediate US action against Iran eased risk premiums, limiting crude gains.
Valero to Cut 200+ Jobs as California Refinery Closes
Valero Energy Corp. plans to let go of 237 employees at its Benicia refinery.
