Market Prices
WTI Oil $92.60 +0.19 Natural Gas $3.00 −0.20 Brent Oil $105.28 +0.96
Settlement Sep 28, 2026
LMJ Land Services

Energy M&A

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

China's LNG Demand Won't Bounce Back

Hopes for a strong rebound in China's demand for liquefied natural gas are fading, despite the ceasefire called in the Middle East.  

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Domestic and international demand drive natural gas production growth

In our Annual Energy Outlook 2026 (AEO2026), we project U.S. dry natural gas production, which accounted for 38% of total U.S. energy production in 2025, will increase significantly over the next several decades, meeting growing domestic and international natural gas demand.   

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Oil Plunges on Ceasefire Deal

Oil prices plunged after a US-Iran ceasefire eased fears of prolonged supply disruption.  

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Gas prices should soon start slowly easing if ceasefire holds, analysts say

 With oil prices plunging after the U.S. and Iran agreed to a two-week ceasefire, gas prices at the pump might soon follow, at least for now. ​   

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How to save money on flights as airlines raise prices

 Airlines are raising fares, adding fuel surcharges and increasing fees to check bags. Budget conscious travelers are wondering where to turn. ​   

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U.S. oilfield services employment rises in March, signaling modest rebound

U.S. oilfield services employment rose to 627,018 jobs in March, gaining 1,877 positions month over month, as energy service companies cautiously increase hiring amid improving market conditions.  

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ONE-Dyas boosts North Sea gas output to 1 Bcm/year with second N05-A well

ONE-Dyas has brought a second production well online at its N05-A platform in the North Sea, increasing gas output to 1 Bcm/year and strengthening domestic energy supply for the Netherlands and Germany.  

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First ships pass Strait of Hormuz since Trump-Iran ceasefire, but traffic remains low amid confusion

 Iran is reportedly planning to demand that shipping firms pay tolls in cryptocurrency to let their oil tankers through the Strait of Hormuz. ​   

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Exxon Lost 6 Pct of Its Global Output

Exxon lost six percent of its global production in the first quarter as the Iran war paralyzed oil and natural gas operations in the Persian Gulf.  

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Ceasefire deal to reopen Strait of Hormuz eases global energy crisis fears

A U.S.-Iran ceasefire agreement is set to reopen the Strait of Hormuz, easing supply concerns and triggering sharp declines in oil and natural gas prices, though uncertainty remains over safe transit and the truce’s durability.  

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Exxon output drops 6% as Middle East war disrupts Gulf operations

ExxonMobil reported a 6% drop in global production in the first quarter as Middle East conflict disrupted Gulf operations, including damage to LNG facilities in Qatar.  

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Commonwealth LNG Finalizes Offtake Agreements

Owners Kimmeridge and Mubadala expect to make a final investment decision 'in the coming weeks'.  

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EIA Fuel Update Shows Rising Price Trend

The EIA's latest gasoline fuel update showed a rising price trend for U.S. regular gasoline.  

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New Circuit Activated for UK's Biggest Hydropower Station

National Grid has energized the second of three new high-voltage circuits linking the 1,800-megawatt Dinorwig station with the transmission network in North Wales.  

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Rosneft Tamps Down Profit Expectations from Soaring Prices

'The positive impact of rising oil prices on industry revenues should not be overstated, as it is largely offset by higher costs for freight, insurance and currency conversion'.  

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DOI Plans to Merge BSEE, BOEM

The U.S. Department of the Interior announced the start of a phased plan to establish the Marine Minerals Administration.  

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Delta CEO says airline will 'meaningfully' cut growth plans, sees $300 million boost from its refinery

 Delta is scaling back its flight plans as fuel costs grow to reduce its expenses. ​   

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Oil Sharply Reprices Lower

'The market remains highly headline-driven', Naeem Aslam, CIO at Zaye Capital Markets, warned.  

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Refining Margins to Provide Buffer as Shell Gas Production Takes War Hit

Shell expects production in its Integrated Gas segment to fall to 880,000-920,000 boed in the first quarter of 2026 from 948,000 boed in Q4 2025 due to 'the impact of the Middle East conflict on Qatari volumes'.  

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Iran, US Eke Out Truce

The U.S. and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz.  

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