USA Crude Oil Stocks Rise More Than 3MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 422.4 million barrels on January 9, according to the EIA's latest weekly petroleum status report.
Hamm to Halt Drilling in Bakken Shale
Harold Hamm said he's about to shut down drilling in North Dakota's Bakken for the first time in decades because of low crude prices.
ENGIE, Ares Add 730 MW to Joint RE Portfolio in US
Los Angeles-based investor Ares and French utility ENGIE added one wind and two solar projects already operating in the ERCOT market to their renewable energy partnership in the U.S.
EIA Sees Brent Price Dropping in 2026, 2027
The U.S. Energy Information Administration projected that the Brent spot average price will drop in 2026 and 2027 in its latest short term energy outlook.
Mitsubishi to Acquire Haynesville Shale Assets for $5.2B
Mitsubishi announced a deal to acquire producing shale gas positions in Louisiana and Texas from operators related to Aethon Energy Management for $5.2 billion.
ADNOC CEO Made Honorary Fellow of EI
'It's an honor and a privilege to be made an honorary fellow of the Energy Institute', Sultan Ahmed Al Jaber said.
Port of Singapore Seeks More LNG Fuel Suppliers
Applicants must detail technical readiness to supply LNG with lower lifecycle planet-warming emissions.
Russian Oil and Gas Revenue Falls to Lowest in 5 Years
The nation's budget received a total of around $108 billion in oil and gas taxes last year, the Finance Ministry said.
Oil Falls Sharply as US Pauses Iran Action
Crude retreated as signs of reduced geopolitical risk outweighed recent bullish momentum and options-driven volatility.
Hamm Says Oil Producers Need Guarantees to Work in VEN
Shale billionaire Harold Hamm said oil companies need guarantees that their assets won't someday be seized by Venezuela if they help revive the nation's crude production.
Chapo Sees Total LNG Project Restart Within Weeks
Mozambican President Daniel Chapo expects TotalEnergies SE's $20 billion liquefied natural gas project to restart as early as this month.
Analyst Explains Why Feb NatGas Contract Collapsed Wednesday
Eli Rubin, an energy analyst at EBW Analytics Group, highlighted that the February natural gas contract 'collapsed' yesterday.
ENAP Secures Deal to Use Oxiquim Terminal
'The agreement is consistent with ENAP's recent announcement to consolidate its logistics business as a key pillar of the company, incorporating strategic partners and high service standards'.
Petrofac Urges Creditors to Agree 'Compromise' to Clear CBI Sale
Petrofac called on certain creditors to agree on a 'voluntary arrangement' regarding their claims, to allow the British energy engineering company to proceed with a recent agreement to sell its Asset Solutions business to CB&I.
Oil Prices Retreat After 5 Session Rebound
Oil prices retreated after a five-session rebound as concerns about the geopolitical situation in the Middle East abated to some extent, Daniel Takieddine, Co-founder and CEO of Sky Links Capital Group, said.
Woodside, JERA Finalize Winter LNG Deal for Japan
Under the five-year contract, Woodside is to deliver about 200,000 metric tons a year of LNG to Japan during winter starting 2027.
OEUK Highlights 'Key to Delivering North Sea Future Plan'
OEUK describes itself on its website as the leading trade association for the UK offshore energy industry and a not for profit membership organization with a history stretching back five decades.
BP Sees Up To $5B Impairments Tied to Low Carbon Assets
'These charges are primarily attributable to the gas and low-carbon energy segment'.
MidOcean Energy in Talks to Join Argentina LNG
Talks are at an early stage and MidOcean may yet walk away.
Oil Slips After Trump Signals Iran De-Escalation
Oil prices reversed sharply after Trump suggested Iran's crackdown may be easing, reducing fears of immediate US military action.
