USA Crude Is Lagging Behind
Benchmark oil prices are soaring as war in the Middle East disrupts crude flows, but the advance is also sparking […]
Eni, PETRONAS name Southeast Asia upstream JV Searah
Eni unveiled “Searah” as the name of its new joint venture with PETRONAS, combining selected upstream assets and capabilities across
PRIO nears first oil at Wahoo as commissioning progresses
PRIO is nearing startup of its Wahoo field development in Brazil’s Campos basin, with commissioning activities underway following completion of
New gas consortium Quiluma starts up offshore gas field
TotalEnergies announced the start of production from the Quiluma field, in which the company holds an 11.8% interest alongside its
EON to launch San Andres drilling program after recompletion campaign
EON Resources will begin its 2026 development program with the recompletion of five vertical wells in the San Andres formation,
Strikes on Gulf energy infrastructure send oil, gas prices sharply higher
Oil and gas prices surged after strikes hit key Gulf energy infrastructure, including Qatar’s Ras Laffan LNG complex and refineries
Equinor Separates Trading into New Segment
‘A project is ongoing to further mature operating model and organizational structure’.
Oil Prices Continue Ascent
‘Strikes on key energy infrastructure in the Middle East exacerbated fears of a global supply crunch’, said Art Hogan, Chief
Woodside Appoints Westcott as CEO
The Australian LNG-focused producer picked from within its ranks to replace Meg O’Neill, whom BP named CEO last December.
Leaders Urge UK Gov to Prioritize Homegrown Energy
‘Conflict in the Middle East highlights again the UK’s growing challenge of where and how it gets its energy’, OEUK
BP to Sell German Refinery to Klesch
BP has raised its target for ‘structural cost reductions’ by 2027 to $6.5-7.5 billion following a deal to divest its
Trump Wants Energy Sites Spared from Attacks
The U.S. president sought to stop attacks on energy facilities in the Middle East after Israel and Iran struck key
Oil jumps 4% as Iranian retaliatory strikes on Qatar’s key energy facility stoke supply worries
Oil prices jumped as markets react to escalating tensions after Qatar said Iranian missile strikes damaged a key liquefied natural
Iran, Israel strikes hit key oil and LNG infrastructure as Middle East war escalates
Iran and Israel have exchanged strikes on major energy infrastructure, including Qatar’s Ras Laffan LNG hub and Iran’s South Pars
Oil Settles Higher on Gulf Escalation
Crude settles higher as attacks on key energy sites elevate supply concerns, widening Brent’s premium and lifting gasoline sharply.
Petrobras confirms deepwater gas discovery offshore Colombia
Petrobras has confirmed a new deepwater gas discovery at the Copoazu-1 well in Colombia’s offshore GUA-OFF-0 Block, expanding the region’s
World’s largest heavy-lift jackup completes UK North Sea decommissioning
Petrodec has completed a major decommissioning project in the UK Southern North Sea using its OBANA heavy-lift jack-up vessel, removing
Trump Waives USA Shipping Law For Oil, Gas
President Donald Trump temporarily waived a century-old shipping mandate to lower the cost of transporting oil, gas and other commodities
OEUK urges scrapping windfall tax to boost UK gas output, energy security
UK industry group Offshore Energies UK is urging reform of the North Sea windfall tax, saying changes could unlock £50
White House, oil executives to discuss supply response as fuel prices rise
U.S. Vice President JD Vance will meet with oil industry executives at the American Petroleum Institute as fuel prices surge