EU Countries Told to Keep Refineries Running, Increase Biofuels Uptake
'The European Union's security of supply remains guaranteed but we must be ready for a potentially prolonged disruption of international energy trade'.
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Energy M&A
Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
Asia Turns to Russian Oil amid Mideast War
The Philippines took its first cargo of ESPO crude in nearly six years, while South Korea's first Russian naphtha shipment this year has arrived and other countries including Sri Lanka are in talks with Moscow.
Read MessageEWTC names 2026–2027 board to guide oilfield services sector
The Energy Workforce & Technology Council has named its 2026–2027 board of directors, with new leadership focused on strengthening the oilfield services workforce, advancing technology and supporting operational performance as the sector responds to rising energy demand.
Read MessageOil extends gains after record monthly rally as Trump signals Iran war exit amid energy disruptions
Crude prices extended gains as traders weighed escalating attacks in the Persian Gulf and signs that President Donald Trump was contemplating an exit from the Iran conflict.
Read MessageAnother Greek Oil Tanker Exits Hormuz
Another Greek-controlled oil tanker has crossed the Strait of Hormuz.
Read MessageCrude Slides as War Exit Signals Emerge
Oil declined as Iran and the US signaled potential de-escalation despite ongoing supply disruptions.
Read MessageU.S. panel exempts Gulf drilling from endangered species rules
A federal panel has approved an exemption allowing oil and gas drilling in the Gulf of America/Gulf of Mexico to proceed without certain endangered species protections, citing national security concerns in a rare decision that could accelerate offshore activity and reshape regulatory oversight.
Read MessageChina’s oil majors curb spending as market volatility tests upstream growth
China’s state oil giants PetroChina, Sinopec and CNOOC are moderating spending and growth plans as market volatility, weaker prices and geopolitical risks reshape strategy, highlighting a growing divide between resilient upstream operations and increasingly pressured refining and chemicals segments.
Read MessageTrump urges allies to secure Hormuz as tanker attacks threaten oil flows
Tensions in the Strait of Hormuz escalated after a tanker was struck and President Trump urged allies to secure the waterway, heightening risks to global oil and LNG flows as shipping disruptions threaten supply and energy markets.
Read MessageMcDermott, Chiyoda deliver first LNG from Golden Pass Train 1
Golden Pass LNG has achieved first LNG from Train 1 at its Sabine Pass, Texas facility, marking a key milestone in one of the largest U.S. LNG export projects, as McDermott and Chiyoda complete construction and commissioning and advance work on remaining trains.
Read MessageQatarEnergy, ExxonMobil Start Production at Texas LNG Project
Golden Pass LNG expects to ship its first cargo in the second quarter.
Read MessageEIA Launches Pilot Studies to Assess Data Center Energy Demand
The U.S. Energy Information Administration announced that it is launching three voluntary pilot field studies to evaluate energy consumption in data centers.
Read MessageChevron appoints HSE chief, reshuffles refinery leadership roles
Chevron has appointed a new chief health, safety and environment (HSE) officer and reassigned leadership across key refinery operations, as the company reinforces its focus on operational performance, safety and reliability across its global upstream and downstream portfolio.
Read MessageSLB, Azule Energy expand digital platform to optimize Angola operations
SLB has signed a three-year agreement with Azule Energy to expand its Delfi digital platform across operations in Angola, enhancing reservoir workflows, well planning and decision-making, while improving execution efficiency and supporting more reliable upstream production across complex assets.
Read MessageU.S. crude oil production rose in 2025, setting new record
U.S. crude oil production grew by 3%, or 350,000 barrels per day (b/d), in 2025, setting a new annual production record of 13.6 million b/d, according to our latest Short-Term Energy Outlook (STEO). Production from the Lower 48 states excluding the Gulf of America (L48) accounted for 11.3 million b/d, or 83% of the total...
Read MessageTrump Tells Allies to Fight for Fuel or Buy From USA
President Donald Trump lashed out at allies for not supporting the U.S. war in Iran.
Read MessageUniper to Supply Wind Power in Wolfenbuettel, Lower Saxony
Uniper announced a contract to supply a utility in Wolfenbuettel, Lower Saxony 100 percent of the output of a wind farm in the state, estimated to be nine GWh a year.
Read MessageUSA Gasoline Price Jumps to Over $4 Per Gallon
The average regular U.S. gasoline price has jumped to over $4 per gallon.
Read MessageCrude Oil Markets Holding Firm
Crude oil markets are holding firm in a geopolitically driven but macro-sensitive environment, Naeem Aslam, CIO at Zaye Capital Markets, said.
Read MessageSiemens Energy Bags $4B EGL4 Contract
National Grid and Iberdrola awarded a GBP 3 billion ($3.96 billion) contract to Siemens Energy for Eastern Green Link 4 converter stations.
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