Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
North Africa’s growing electricity infrastructure and cross-Mediterranean interconnectors are emerging as a new energy link to Europe, complementing LNG and pipeline gas supplies as the region seeks diversified, lower-carbon energy sources.
Read MessageNorway produced nearly 13 billion cubic feet a day of natural gas in February, down month-on-month and year-on-year.
Read MessageOver the past 20 years, electricity from wind power and utility-scale solar power has increased to 17% of generation in the United States compared to less than 1% in 2005. In 2025, net generation of wind and solar together accounted for 760,000 gigawatthours (GWh) of electricity, 88,000 GWh more than in 2024, according to data...
Read MessageCrude oil stocks, not including the SPR, stood at 449.3 million barrels on March 13, the EIA's latest weekly petroleum status report showed.
Read Message'Considering the current market environment, OMV and ADNOC have agreed to strengthen the balance sheet of Borouge Group International AG as a precautionary measure'.
Read MessageThe IEA warns of "the largest supply disruption in the history of the global oil market" due to the conflict in the Middle East.
Read MessageThe leaders expressed their readiness to contribute to 'appropriate efforts to ensure safe passage through the Strait'.
Read MessageMembers of the G7 club of rich countries lead commitments, which currently total 426 million barrels.
Read MessageThe fuel-starved Caribbean island is facing its biggest test since the collapse of the Soviet Union under a U.S. oil blockade.
Read MessageNetanyahu also said Israeli forces would help the U.S. attempt to reopen the Strait of Hormuz and that the war would be over faster than people think, in comments that helped calm markets.
Read MessageAutomation powered by machine learning was a recurring theme on day one of IADC/SPE International Drilling Conference and Exhibition 2026, hosted this year in Galveston, Texas. As operators across the drilling value chain seek greater efficiency, A.I. and its many applications in automation offer a path to a new era of energy efficiency.
Read MessageU.S. oil prices extended their decline after Treasury Secretary Scott Bessent said Washington may soon lift sanctions on Iranian crude stored aboard tankers.
Read MessageA new legal challenge tied to the Dakota Access Pipeline is raising broader concerns across the U.S. energy sector. In this op-ed, Texas Railroad Commissioner Wayne Christian argues that European court actions could undermine American judicial authority, disrupt transatlantic energy ties and introduce new risks for infrastructure investment.
Read MessageOil companies including ExxonMobil and ConocoPhillips bid $163 million in a record lease sale in Alaska’s National Petroleum Reserve, signaling renewed upstream interest following policy changes and expanded access to federal acreage.
Read MessageWoodside Energy has appointed Liz Westcott as Chief Executive Officer and Managing Director, following her tenure as acting CEO, as the company advances major projects and positions for long-term global energy growth.
Read MessageOil prices rose amid attacks on key Gulf energy infrastructure, with LNG disruptions amplifying supply concerns.
Read MessageA breakout of oil prices in Asia has left analysts debating whether U.S. crude could see further upside.
Read MessageOver the past three weeks, dozens of refineries, oil fields, gas plants, ports and other energy infrastructure have been damaged by missile and drone strikes in the Arabian Gulf.
Read MessageAn Iranian strike on Qatar’s Ras Laffan complex could remove 17% of the country’s LNG export capacity for up to five years, Reuters reported. The disruption would raise long-term supply risks for global gas markets and key buyers in Europe and Asia.
Read MessageShell confirmed damage to its Pearl gas-to-liquids (GTL) plant following an Iranian strike on Qatar’s Ras Laffan Industrial City, highlighting escalating risks to critical LNG and downstream infrastructure in the Middle East.
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