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.

Hormuz disruption raises inflation risk, recession odds, EY-Parthenon says

Disruptions through the Strait of Hormuz are driving a more persistent inflationary shock, with Brent crude forecast to average $88/bbl in Q2 and recession risks rising, according to EY-Parthenon.  

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Expro to deliver geothermal well testing for Vulcan Energy’s Lionheart project in Germany

Expro will deliver geothermal well testing services for Vulcan Energy’s Lionheart project in Germany, supporting reservoir evaluation and lithium extraction as Europe advances low-carbon energy and critical minerals development.  

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Oil States announces CEO transition, Hajdik to succeed Taylor in May

Oil States International will transition leadership as CEO Cindy Taylor retires, with CFO Lloyd Hajdik set to take over in May 2026, marking a planned succession as the company continues focusing on operational performance and growth.  

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North America Drops 21 Rigs Week on Week

North America dropped 21 rigs week on week, according to Baker Hughes' latest North America rotary rig count.  

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U.S. deal ends TotalEnergies offshore wind plans, accelerates LNG investment

TotalEnergies is exiting U.S. offshore wind and redirecting capital into LNG and gas projects, including Rio Grande LNG, signaling a major shift in investment strategy toward U.S. export capacity and upstream growth.  

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Strohm to supply TCP production jumpers for deepwater Malaysia field extension

Strohm has secured a contract to supply insulated thermoplastic composite pipe (TCP) production jumpers for a deepwater field extension offshore Malaysia, highlighting growing adoption of corrosion-resistant subsea infrastructure in Southeast Asia.  

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Trump, Modi discuss Hormuz disruption as India faces LNG supply strain

U.S. President Donald Trump and Indian Prime Minister Narendra Modi discussed disruptions in the Strait of Hormuz as India faces tightening LNG and oil supplies, highlighting growing risks to global energy flows and industrial demand.  

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Iraqi crude tanker signals questioned as Hormuz transit remains unclear

Conflicting tracking signals around an Iraqi crude tanker highlight growing uncertainty in vessel movements near the Strait of Hormuz, as signal jamming and limited transits complicate visibility into global oil flows during ongoing regional conflict.  

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Iran Charges Some Ships Hormuz Transit Fees

Iran has started charging transit fees on some commercial vessels passing through the Strait of Hormuz.  

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EIA releases new international consumption data sorted by end-use sector and fuel

We have released a new international dataset containing end-use consumption data for most countries of the world, with annual data through 2023. The new data set disaggregates the existing total international consumption values into up to 34 end-use sub-sectors, such as construction, mining, refining, residential, and commercial. Our end-use data set categorizes end-use consumption by...

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TotalEnergies Exits US Offshore Wind Market in Favor of Gas

'TotalEnergies will recover the lease fees paid and will invest an equal amount in the development of U.S. gas and power production and exports'.  

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This Is Not a Textbook Oil Shock

This is not a textbook oil shock; it is a multidimensional disruption, EY-Parthenon Chief Economist Gregory Daco said.  

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Venture Global Notches 5-Year LNG Order from Vitol

Deliveries are to start this year.  

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DCCC launches geotargeted digital ad campaign hitting GOP for gas prices

 Democrats have seized on the economic disruption of the Iran war to hammer Republicans over high costs ahead of the 2026 midterm elections. ​   

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Britain responds to Iran war energy shock by requiring solar panels and heat pumps in all new homes

 The move comes as part of Britain's response to the Iran war, with the conflict triggering the largest supply disruption in the history of the oil market. ​   

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OEUK Says New Polling Shows Public Backs Homegrown Energy

'New UK wide polling commissioned by OEUK shows overwhelming public support for using the UK's own oil and gas resources alongside renewables to strengthen national security', OEUK said.  

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Anaergia, Southwest Gas RNG Contract Gets Conditional Approval

Anaergia's SoCal facility 'will be the first to supply RNG under California's Senate Bill 1440 Biomethane Procurement Program'.  

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Dorian LPG Takes Delivery of New VLGC

Dorian's fleet now consists of 28 vessels, of which 22 are owned by the company.  

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Saudi Arabia, Kuwait Push Energy Deals despite War

Saudi Arabia and Kuwait are attempting to press on with planned multibillion-dollar energy deals despite a widening conflict that has seen Iran target oil and gas infrastructure across the Middle East.  

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Oil rises with Brent crossing $100 a barrel again as Middle East tensions keep traders on edge

 Trump's statement sent oil lower, while equities jumped. Still, the recovery on Tuesday suggests lingering skepticism over Trump signaling a de-escalation. ​   

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