Market Prices
WTI Oil $92.60 +0.19 Natural Gas $3.00 −0.20 Brent Oil $105.28 +0.96
Settlement Sep 28, 2026
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Energy M&A

Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.

Corpus Christi LNG expansion makes facility the second-largest in the United States

On August 28, 2026, Cheniere Energy, Inc., completed its Corpus Christi Liquefaction Stage 3 Project (CCL Stage 3) in Texas, taking custody and control of the seventh and last liquefied natural gas (LNG) train in the project.   

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How Far Are We From 'Tank Bottom'?

There is a key question about how far we are from 'tank bottom', analysts at HSBC said.  

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What Does the Yanbu Outage Mean?

The East-West Pipeline was subjected to multiple attacks and subsequently shut down, a statement posted on the official X page of Saudi Arabia's Ministry of Energy revealed.  

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Oil’s next test: Saudi Arabia races to restore a key safety valve for prices

 Analysts warn oil prices could rally sharply if the pipeline remains offline beyond an estimated five-to-seven-day inventory cushion. ​   

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Santos Signs Long-Term LNG Agreements

The Australian company signed a preliminary agreement to supply liquefied natural gas to a South Korean industrial customer and another preliminary deal to offtake from the proposed Ksi Lisims LNG in Canada for the Asian market.  

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Kyiv Says No Deal Yet to Halt Strikes on Refineries

The U.S. president and his Ukrainian counterpart offered differing accounts of a supposed agreement with Russia to stop attacks on energy infrastructure, as strikes on oil refineries help drive diesel prices to record levels.  

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Weapon shortfalls, 'hundreds' of buildings and aircraft damaged, $33.4 billion spent: the U.S. government tallies costs of the Iran war

 The department revealed that the Iran war had cost an estimated $33.4 billion as of June 29. ​   

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Oil and Treasury yields haven’t moved this closely in seven years. That’s bad news for markets

 Oil and 10-year Treasury yields are moving in near lockstep, with their correlation at its strongest since 2019. ​   

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PVM analysts: Oil market losing its defenses against $120 Brent

PVM Oil Associates analysts see renewed risk of $120 Brent as the Saudi pipeline shutdown, falling inventories and refinery constraints erode the buffers that previously helped contain oil prices.  

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Oil extends gains following Houthi strikes on Saudi Arabia

 Oil extended gains amid reports of fresh Houthi strikes on Saudi Arabia and attacks by Iran on ships in the Gulf. ​   

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Hornbeck Offshore wins multi-year North Sea well decommissioning contract

Hornbeck Offshore has secured a two-year North Sea contract for riserless well plug-and-abandonment operations beginning in second-quarter 2027, with options to extend.  

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Costco hikes motor oil prices and puts limits on how much members can buy

 Costco is limiting sales of its house brand motor oil to two units per customer per week amid rising oil prices. ​   

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Currie Sees 'Extremely High' Risk of $5 Gas by Midterms

Veteran commodities strategist Jeff Currie said average US gasoline prices will almost certainly hit $5 a gallon before the midterm elections.  

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Oil Climbs Amid Saudi Pipeline Halt

Crude gained as the Saudi East-West pipeline closure heightened fears of tighter global supplies.  

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Fulkrum wins Vår Energi subsea inspection contract offshore Norway

Fulkrum has won an inspection services contract covering Vår Energi’s NCS project portfolio, with work already underway on three subsea developments in the Gjøa area.  

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Trump says Ukraine and Russia agreed not to hit energy targets

 "The World's Diesel price rise is mostly caused by the Russia/Ukraine War, not Iran," Trump said in a social media post. ​   

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New Fortress Energy Erases Nearly $6B in Debt as Restructuring Completed

The transaction with creditors, processed under UK law, allowed the New York City-based integrated gas-to-power company to extinguish around $5.7 billion in debt by separating its Brazilian operations into two enterprises, one ceded to creditors.  

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Petronas to Supply LNG to Southeast Europe under Metlen Deal

The Malaysian state-owned company agreed to supply Metlen with liquefied natural gas to be sold by the Greek company at home and in neighboring countries.  

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Prediction market traders think gas prices will hit new highs for the year

 It comes after oil prices have marched higher in recent weeks, above $100 per barrel, as tensions between the U.S. and Iran have escalated again. ​   

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Saipem wins $350 million subsea contract for Azule Energy offshore Angola

Saipem has won a $350 million contract from Azule Energy to install 62 km of subsea infrastructure tied to the Agogo FPSO in water depths reaching 1,750 meters offshore Angola.  

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