Pembina Completes Remarketing of Cedar LNG Share
Pembina signed a 12-year agreement allowing Ovintiv to use 0.5 million tonnes a year of liquefaction capacity at the under-construction Cedar LNG on Canada's West Coast.
TotalEnergies, Galp Agree Exchange Involving Mopane, Venus Discoveries
'The transaction positions TotalEnergies as the operator of the two largest oil discoveries in Namibia'.
Venezuela Reports Oil Export Outage after Cyberattack
Venezuela's state oil company is still struggling to restore key administrative systems after what it called a cyberattack that hit over the weekend.
Uniper Launches Sale of Baltic Pipeline Stake
Uniper is now open for expressions of interest for its 20 percent interest in the OPAL gas pipeline between Germany and Czechia.
US Oil Slides to Four Year Low
Oil fell to multi-year lows on ceasefire optimism while oversupply concerns also weighed on prices.
Tokyo Gas to Invest in USA Downstream Assets
Tokyo Gas Co., Japan's biggest distributor of the fuel, plans to invest in U.S. downstream assets.
Texas Oil, Gas Upstream Jobs Fall in September
'The recent downward cycle of the upstream job count confirms Texas is not immune to circumstances facing global oil markets', TXOGA President Todd Staples said.
Finnish Refiner Says It Won't Meet 2035 Oil Exit Goal
Finland's Neste Oyj is scaling back some of its climate targets.
Uniper Approves Its First Scottish Solar Project
The German power and gas utility expects to achieve generation at the 45-MW Berryhill Solar Farm just north of Dundee next year.
Strategists Say Oil's Fermi Paradox Nearing an End
Macquarie strategists, including Vikas Dwivedi, noted that oil's 'Fermi Paradox [is] nearing an end', adding that 'onshore stocks [are] starting to build'.
BP, Eni Exit Two Angola Producing Assets
A consortium between BW Energy and Maurel & Prom signed an agreement with Azule Energy, a 50-50 venture between BP and Eni, to acquire Azule's non-operating stakes in Block 14 and Block 14K offshore Angola.
WoodMac Says Eni Find Reinforces Kutei as One of Hottest Plays
'It provides options for Indonesia as the nation balances domestic demand needs with future export opportunities', Andrew Harwood, Wood Mackenzie Vice President, Corporate Research, said.
Equinor Greenlights Johan Castberg Tieback
Equinor and its partners agreed to proceed with the first project to be connected to the Johan Castberg field, which started production earlier this year as only the third development on Norway's side of the Barents Sea.
China Fossil Fuel Generation Set for First Drop in Decade
China's fossil fuel power plants are on track to chart their first annual drop in generation in a decade as renewables flood the grid to meet rising demand.
TotalEnergies, Repsol, HitecVision Form UK North Sea Leader
'With TotalEnergies as its leading shareholder, NEO NEXT+ will become the largest independent oil and gas producer in the UK with a production over 250,000 barrels of oil equivalent per day in 2026'.
Eni Fires Up New Andalusia Solar Plant
The 150-MW Caparacena project raises the Italian state-backed oil and gas producer's installed renewables capacity in Spain to nearly 1.5 GW.
OPEC Data Points to Balanced Global Oil Market in 2026
OPEC kept forecasts for global oil supplies and demand in 2026 steady.
Oil Drifts Lower Despite Geopolitical Tensions
Thin holiday trading and rising bearish bets pushed crude toward the bottom of its recent range.
Harbour Energy to Buy Waldorf Subsidiaries for $170MM
Harbour Energy shares gained as much as 7.6 percent in London trading, the most since August.
Analyst Looks at Natural Gas Price Moves
'Yesterday's 177 billion cubic foot withdrawal did little to stop the massive sell-off in natural gas', EBW Analytics Group Energy Analyst Eli Rubin said.
