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.

Texas Petroleum Theft Task Force Holds Meeting

'More than 40 percent of oil and gas operators indicated that their operations have been impacted by theft in the past year', the RRC noted.  

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Construction Begins for Transco Gas Pipeline Expansion

Williams broke ground for the Trump-backed Northeast Supply Enhancement project, which will expand the Transco natural gas pipeline system with a capacity addition of 400,000 dekatherms per day.  

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Demand for Colombia LNG Shipments Set to Surge

Colombian power plants are preparing to ramp up liquefied natural gas imports ahead of an expected El Nino.  

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Permian holds 55,000 sub-$50/bbl drilling locations, analysis finds

The Permian basin holds an estimated 55,000 sub-$50/bbl drilling locations, according to Enverus, highlighting expanding low-cost inventory alongside emerging development sequencing risks.  

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U.S.-Iran talks advance as Hormuz standoff continues to disrupt oil supply

The U.S. and Iran are moving toward further negotiations to extend a fragile ceasefire, even as tensions over the Strait of Hormuz continue to disrupt global oil flows and keep markets on edge.  

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Petrobras, BP Make New Discovery in Campos Basin

'Petrobras' operations in block C-M-477, in the Campos Basin, are aligned with the company's strategy to replenish oil and gas reserves through activities in frontier exploratory areas, in partnership with other companies'.  

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Equinor to Exit RE Producer Scatec

'Scatec and Equinor continue to be partners in the Apodi and Mendubim operating solar assets in Brazil'.  

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Top Energy Democrat probes Trump administration's preparations for Strait of Hormuz closure

 The strait has been effectively closed since the U.S. launched a war with Iran, spiking energy prices and whipsawing markets. ​   

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EIA Boosts 2026 Brent Oil Price Projection to $96

The U.S. Energy Information Administration increased its 2026 Brent oil price projection in its latest short term energy outlook.  

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BP Expects 'Exceptional' Oil Trading Results for Q1

BP expects the high-price environment to 'increase the dislocation between marker prices versus actual prices realized by BP in 1Q 2026 and increase the impact of price lags'.  

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Analyst Flags Peace Momentum but Gives Oil Market Warning

SEB Commodities Analyst Ole R. Hvalbye issued an oil market warning.  

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Trump renews criticism of UK, saying it should ‘drill, baby, drill’ for North Sea oil

 Trump's comments come at a time when the U.K. government has said the Iran war energy shock shows the need “to get off the fossil fuel rollercoaster.” ​   

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Teran Mulls Pausing Hormuz Shipments as Iran, US Eye Fresh Talks

The U.S. and Iran are looking to arrange a second round of peace talks in the coming days, with Tehran mulling a pause in shipments through the Strait of Hormuz to help ease the path toward an agreement on time and place.  

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Israel, Lebanon Negotiators Meet in Washington

While they mark the first direct talks between the two Middle Eastern countries in more than three decades, few officials expect an immediate positive outcome.  

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U.S. says Hormuz blockade 'fully implemented,' while signaling diplomatic off-ramp for Iran

 The White House has been signaling a diplomatic solution to the conflict in the Middle East, as discussions around continuing negotiations with Tehran are underway. ​   

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Oil extends declines as possible U.S.-Iran talks raise hopes for Mideast peace deal

 Oil prices fell as optimism grew that Iran may restart negotiations with the U.S. and Israel, easing tensions over the conflict that has disrupted the Strait of Hormuz. ​   

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EIG launches geothermal investment fund to advance U.S. power projects

EIG has launched a new geothermal investment fund to support mid-stage project development in the U.S., aiming to accelerate next-generation geothermal power and subsurface energy growth.  

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Hydropower generation expected to recover despite snow drought in the West

In our April Short-Term Energy Outlook (STEO), we expect U.S. hydropower generation will increase by 5% in 2026 but remain 1.8% below the 10-year average following snow drought conditions in some states. Hydropower generation in 2025 increased to 245 billion kilowatthours (BkWh), about 4 BkWh more than the record-low generation year 2024. In 2026, we...

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Meloni Says It's 'Too Early' to Tap Russian Gas

Italian Premier Giorgia Meloni said it was too early to consider tapping Russian gas.  

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Crude Tumbles on Ceasefire Progress

Oil prices fell sharply as signs of renewed US-Iran talks reduced immediate supply fears.  

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