Phillips 66 to Proceed with Two New Processing Plants
Phillips 66 approved a natural gas processing project and a natural gas liquids fractionator project, both expected to start operations […]
Permian Deal Monitor
Permian Basin deals, acquisitions, drilling programs, and operator activity.
USA EIA Lowers Henry Hub Price Forecast for 2026, 2027
The U.S. Energy Information Administration lowered its Henry Hub spot price forecasts for 2026 and 2027 in its latest short
Iran War Prompts Nigeria Producers to Lift Oil Output
Nigerian oil companies are plowing windfall gains from the Iran war crude rally into near-term extraction projects.
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
Coal remains competitive for power generation in the central United States
In the first four months of 2026, electricity, natural gas, and coal prices suggested continued favorable economics for coal generation
ConocoPhillips Inks Alaska LNG Deal to Supply Domestic Consumers
ConocoPhillips signed a 30-year deal with Glenfarne to supply natural gas produced on Alaska’s North Slope to the state under
Empire Petroleum Posts Lower Revenue
The Tulsa, Oklahoma-based producer reported $7.68 million in sales revenue for the first quarter, down from $8.99 million for the
Would USA Allow Iran Hormuz Tax In Exchange for Peace Deal?
Rigzone talks to Simon Henderson, director of the Washington Institute’s Bernstein Program on Gulf and Energy Policy, and Howard Shatz,
Why Is Oil Moving Lower Today?
U.S. President Donald Trump’s Iran comments are directly shaping the oil ecosystem, Naeem Aslam, CIO at Zaye Capital Markets, said.
Aramco, Pasqal Launch Platform Offering Quantum Computing
Aramco and Pasqal said they had inaugurated Saudi Arabia’s first quantum computer and launched the Middle East’s first commercial quantum-computing-as-a-service
UK to Allow Import of Fuels Refined from Russian Oil
The UK will effectively loosen some Russian sanctions by allowing imports of diesel and jet fuel refined from Moscow’s crude
USA Lawmakers Plan New $130 Fee for EV Owners
House lawmakers made public a massive transportation bill Sunday that would impose new fees on electric vehicles.
Brent, WTI Slip In Volatile Trade
Oil settled lower as traders weighed renewed US threats against Iran.
NATO Is Starting to Consider Hormuz Mission
Such a move would represent a shift in the military alliance’s strategy toward the U.S.-Israeli war in Iran.
Senate Confirms Nomination of New BLM Director
Voting concluded with 46 Yeas to 43 Nays, the senate.gov site showed.
B27 Intelligence, Energy M&A, Operator Watch, Permian Deal Monitor
Data center server energy use grows across the commercial building stock
In the Annual Energy Outlook 2026 (AEO2026), our long-term outlook, we project electricity consumed by data center servers will increase
Dominion Energy Agrees to Merge into NextEra Energy
The New York-listed companies said the all-stock merger would create the world’s biggest regulated power utility by capitalization.
OMV Starts Up Major Austrian Gas Development
OMV began production at what it says is Austria’s biggest natural gas discovery over the past 40 years, which the
Next Gas Price Spike May Come Just Before Memorial Day
GasBuddy warned that the next U.S. gasoline price spike ‘could arrive just before Memorial Day’.
UAE, India Agree to Expand Energy Supply Partnership
ADNOC signed agreements with state-owned Indian Strategic Petroleum Reserves and Indian Oil to support Indian energy security and pursue energy
Can Middle East Oil Producers Meaningfully Bypass the Strait?
Rigzone talks to Chris Newton, a Senior Early Warning Analyst at the International Crisis Group, and Dalia Salem, Senior Research