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.

Two oil tankers reportedly struck as Strait of Hormuz hostilities resume

Two oil supertankers attempting to exit the Strait of Hormuz were reportedly struck by projectiles as renewed U.S.-Iran hostilities threaten a recent recovery in oil shipments through the critical waterway.  

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Chevron nears deal to operate two giant oil fields in Venezuela’s Orinoco Belt

Chevron is nearing a deal to operate two giant oil fields holding billions of barrels of heavy oil in Venezuela’s Orinoco Belt, potentially marking a major expansion of the U.S. producer’s footprint in the country.  

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ONEOK to Grow Midland Midstream Footprint with Brazos Acquisition

ONEOK signed an agreement to buy Brazos Midstream's natural gas gathering and processing assets in the Permian Basin for around $4.425 billion in cash, enabled by a new $9 billion minority equity investment from Apollo.  

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Aker Solutions Installs New CEO

The Norwegian oil and gas contractor announced the appointment of Paal Eikeseth, who has headed its Life Cycle business since 2022, as president and chief executive effective immediately.  

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North America Enters Rig Loss Streak

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

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U.S. LNG exports rose 23% in the first half of 2026 because of higher capacity

U.S. liquefied natural gas (LNG) exports averaged 17.4 billion cubic feet per day (Bcf/d) in the first six months of the year, 23% more than the same period in 2025, according to our Natural Gas Monthly. In our latest Short-Term Energy Outlook, we estimate U.S. LNG exports will average 17.3 Bcf/d in the second half...

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U.S. LNG exports rose 23% in the first half of 2026 because of higher capacity

U.S. liquefied natural gas (LNG) exports averaged 17.4 billion cubic feet per day (Bcf/d) in the first six months of the year, 23% more than the same period in 2025, according to our Natural Gas Monthly. In our latest Short-Term Energy Outlook, we estimate U.S. LNG exports will average 17.3 Bcf/d in the second half...

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Sasol Confirms Continued Disruption at Key South African Refinery

'Natref has implemented measures to ensure the affected unit remains operational until end-September'.  

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Top Indian Oil Producer to Build $736MM Strategic Reserves

India's biggest oil explorer, Oil and Natural Gas Corp., plans to build strategic crude reserves.  

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SLB Expands Data Center Role with $3B Kelvion Deal

SLB announced Monday that it has signed an agreement to acquire Kelvion.  

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What Is the Oil, Gas Impact of Storm Edouard?

What is the oil and gas impact of the Gulf's Tropical Storm Edouard?  

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LNG Uplifts Petronas H1 Profit

Malaysia's national oil and gas company reported around $6.73 billion in profit after tax for the first six months of 2026, up four percent from the first half of 2025 thanks to higher liquefied natural gas exports and higher products prices.  

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Russia Expands LNG Dark Fleet

Russia has almost doubled the fleet of tankers ferrying liquefied natural gas from its U.S.-sanctioned Arctic project in less than a year.  

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Tanker struck in Hormuz, raising worries over escalation, as Trump vows to hit Iran 'hard'

 Iran launched an attack on two American bases in Jordan on Monday in retaliation for the U.S. attack on its Larak Island. ​   

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Venezuela grants U.S.-backed oil firm NABEP 100-year concessions for 17 oil fields, White House says

 Venezuelan interim authorities have granted North American Blue Energy Partners 100-year concessions for 17 oil fields, White House says. ​   

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Indian PM Modi implores Putin to end Ukraine war amid U.S. tariff threat on Russian oil

 Indian PM Narendra Modi has urged Russia to end the Ukraine war and to cease hostilities. ​   

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The $3 trillion oil market has just gotten more accessible than ever: No longer a 'rich man's game'

 Oil trading is becoming more accessible to individual investors as smaller futures contracts, ETFs and online brokerages lower longtime barriers to the market. ​   

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Oil Rallies on Fresh US-Iran Fighting

Oil rose sharply as renewed US-Iran fighting heightened concerns about shipping through the Strait of Hormuz.  

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Goldman Sachs Steps Up Warnings on Diesel

Goldman Sachs Group Inc. stepped up warnings of tightness in global refining driven by wars in the Middle East and between Moscow and Kyiv.  

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Trump to meet with U.S. oil refiners as White House pushes to lower gas prices

 The White House says it is seeking near-term steps to boost refining capacity as affordability and gas prices loom over the midterm election. ​   

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