Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
Eni and Repsol have reached an agreement to expand Venezuela’s offshore Perla gas field, targeting LNG exports by 2031 as production ramps up and sanctions ease.
Read MessageKuwait has declared force majeure on oil and refined product shipments as the Strait of Hormuz blockade disrupts export flows, highlighting the growing impact of the Middle East conflict on global energy markets.
Read MessageNorth America dropped seven rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Read Message'United Airlines will use the fuel, while DSV and Microsoft participate through a book and claim methodology, allowing verified emissions reductions to be allocated independently of physical fuel use'.
Read MessageIn the 1970s, the United States and other OECD countries established strategic oil stocks aimed at mitigating the impact of supply disruptions. In March 2026, the United States, along with other members of the International Energy Agency, agreed to a coordinated emergency release of strategic oil stocks following the effective closure of the Strait of...
Read MessageAnalysts have been cutting per-share profit forecasts for the three largest oilfield service companies since shortly after the conflict erupted in late February.
Read MessageThe Australian company awarded Green Tug Towing a contract of over AUD 300 million to build four tugs for the Louisiana LNG project.
Read MessageData center electricity use surged in 2025, the International Energy Agency (IEA) said.
Read MessageThe Spanish company's U.S. portfolio saw the biggest growth (+693MW), while battery energy storage led growth by technology across Iberdrola's global portfolio.
Read MessageSEB Chief Commodities Analyst Bjarne Schieldrop warned that the U.S.-Iran ceasefire is expiring on Tuesday.
Read Message'Preliminary estimates indicate in-place resources of approximately 5 trillion cubic feet of gas and 300 million barrels of condensate in the encountered interval'.
Read MessageCommercial traffic through the strait is at a virtual standstill after a brief and confused reopening ended with the first U.S. seizure of an Iranian vessel.
Read MessageAs Iran again closes the Strait of Hormuz after a brief reopening, energy analyst Arjun Murti tells World Oil that markets may be misreading the situation, with no clear “open” or “closed” outcome in sight.
Read MessageCrude oil prices surged Sunday, as the U.S. and Iran teetered on the brink of a renewed war after attacks on commercial ships in the Strait of Hormuz.
Read MessageMoveout Data has launched Metaseis, a seismic data management software platform designed to streamline processing, improve data accessibility and support AI-driven analytics in upstream workflows.
Read MessageOp-Ed: Africa’s energy transition will depend on governance, investment and continued oil and gas development, according to industry commentary on balancing growth and decarbonization.
Read MessageGas prices are more than $4 per gallon on average in the U.S. right now, a massive spike from just months ago.
Read MessageThe U.S. Bureau of Land Management will hold a 2026 lease sale in Alaska’s Arctic Coastal Plain, advancing federal efforts to expand oil and gas development.
Read MessageShipping in the Strait of Hormuz has stalled after Iran reversed course and threatened vessels, raising risks to global oil flows and complicating U.S.-Iran peace negotiations.
Read MessageUnder the new agreement with the government and state-owned PdVSA, Repsol would grow its Venezuelan gross production by 50 percent within 12 months and triple it over the next three years.
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