Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
UK industry group Offshore Energies UK is urging reform of the North Sea windfall tax, saying changes could unlock £50 billion in investment, boost domestic gas production and significantly reduce the country’s reliance on LNG imports.
Read MessageU.S. Vice President JD Vance will meet with oil industry executives at the American Petroleum Institute as fuel prices surge following the Iran conflict, with discussions expected to focus on supply, production and market stabilization efforts.
Read MessageSaudi Aramco has restarted operations at its 550,000-bpd Ras Tanura refinery after a drone-related shutdown, restoring a key supply hub as Gulf energy infrastructure remains under pressure from ongoing regional conflict and shipping disruptions.
Read MessageIMI will supply ultra-high-pressure control valves for a North Sea offshore project, supporting chemical injection systems operating above 600 bar and enabling precise pressure control and flow assurance in severe service conditions.
Read MessageEni announced new gas discoveries in Libya totaling more than one trillion cubic feet.
Read MessageThe Trump administration "remains committed to continuing to strengthen our critical supply chains" amid the Iran war, press secretary Karoline Leavitt said.
Read MessageOil prices are rallying again as the market fears Israel and Iran will escalate attacks on Middle East energy infrastructure.
Read MessageIran warned Gulf countries that a number of energy assets are now 'legitimate targets'.
Read MessagePresident Donald Trump pressed for a de-escalation of attacks on Middle East energy assets.
Read MessageU.S. natural gas consumption averaged a record 92.0 billion cubic feet per day (Bcf/d) in 2025 and set a new winter monthly record of 126.6 Bcf/d in January 2025, according to data in our Natural Gas Monthly. Overall, U.S. natural gas consumption last year increased 2% (1.7 Bcf/d) from 2024. In January 2025, natural gas...
Read MessageThe United States exported approximately 0.3 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) to destinations in the Caribbean in 2025, the second-highest volume since the first LNG cargo departed Sabine Pass in 2016, according to the U.S. Department of Energy's LNG Exports and Re-Exports Details.
Read MessageThe topic of Iran is likely to dominate Thursday's meeting, instead of investments or the U.S.' role in Asia, experts told CNBC.
Read MessageOil prices pared gains on Tuesday as uncertainty lingered over a U.S.-led coalition to protect shipping through the Strait of Hormuz.
Read MessageOil prices advanced on Tuesday as energy market participants monitored Middle East supply disruptions.
Read MessageWe added the Avalon, Barnett, Dean, and Woodford plays within the Permian Basin to our estimates by formation for Permian tight oil and shale natural gas production in our March 2026 Short-Term Energy Outlook (STEO). The Permian formations already included the Spraberry, Bone Spring, and Wolfcamp plays. EIA periodically reviews and updates our play designations...
Read MessageTrump's decision to order strikes on Kharg Island has pushed one of the world's most critical oil hubs into the center of the escalating U.S.-Iran conflict.
Read MessageWe released new data on the electric power sector's coal transportation costs. The release incorporates final data for 2024 from Form EIA-923, which we collect from electric power plant owners and operators. The data release includes tables with costs, in nominal and real (2024) dollars, across regions, states, and modes of transportation.
Read MessageNet retail buying of oil ETFs hit a record $211 million on March 12, surpassing the previous peak seen during the market turmoil in May 2020, according to Vanda Research.
Read MessageTrump's comments come after he called on several countries to send warships so as to secure the critical waterway
Read MessageIt comes after a separate drone strike at Fujairah on Saturday, underlining the vulnerability of the UAE's only export route that bypasses the Strait of Hormuz.
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