Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
Senegal is advancing its hydrocarbon strategy through regulatory reforms and expanding oil and gas production, while developing gas-to-power infrastructure to support long-term energy growth.
Read MessageThe IEA, IMF and World Bank warn that the Middle East conflict is causing prolonged disruptions to global oil and gas markets, with supply shortages and elevated prices expected to persist.
Read MessageEquinor has sold an 8% stake in Scatec for approximately NOK 1.6 billion, reducing its shareholding while maintaining renewable energy partnerships in Brazil.
Read Messagebp CEO Meg O’Neill is restructuring the company to simplify operations and return to a traditional upstream and downstream model, as the company seeks to improve performance.
Read MessageTransocean has secured a $445 million contract extension with Petrobras for the Deepwater Corcovado drillship, extending operations offshore Brazil through 2030.
Read MessagePetrobras has approved FID for its SEAP I project offshore Brazil, advancing a major FPSO-led development that could unlock over 1 billion boe and expand gas supply from a new frontier basin.
Read MessageTraffic through the Strait of Hormuz remains at a trickle, despite President Donald Trump proclaiming that a ceasefire with Iran depended on it reopening.
Read MessageEni announced a 'significant' gas and condensate discovery offshore Egypt.
Read MessageOil futures dipped on the news.
Read MessageUniper and NGEN began construction for a 50-MW battery energy storage project on the site of Uniper's former coal power plant in Wilhelmshaven, Germany.
Read MessageNorth America dropped 10 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Read MessageThe power and gas utility acquisitions add about 1.2 million customers to Eni's Plenitude.
Read Message'Namibia is a region attracting growing industry interest and has a number of exciting frontier basins'.
Read MessageThe Strait of Hormuz is now essentially fully closed, SEB Chief Commodities Analyst Bjarne Schieldrop said.
Read MessageU.S. moves to blockade Iran, and let a Russian oil waiver lapse, squeeze India’s energy supplies, exposing its vulnerability under rising U.S. pressure.
Read MessageThe European Commission is consulting member states on a draft proposal to relax state aid limits, aimed at protecting market competition, in response to spikes in energy prices brought about by the Middle East war.
Read MessageBP said its oil trading performance had turned around dramatically after a "weak" fourth quarter.
Read MessageThe U.S. and Iran are weighing further negotiations to extend a two-week ceasefire as President Donald Trump presses ahead with a naval blockade to curb the Islamic Republic's oil exports.
Read MessageU.S. Vice President JD Vance said Monday that the next steps in U.S.-Iran peace efforts now depend on Tehran.
Read MessageThe U.S. team of Vance and special envoys Steve Witkoff and Jared Kushner made progress with Iran during the Islamabad talks, the vice president said.
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