Petrobras Considers Exporting LNG
Brazil's national oil company is exploring the prospect of exporting liquefied natural gas from its giant offshore fields.
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Energy M&A
Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
BritENERGY shifts investment from ‘uninvestable’ UK to Permian basin
BritENERGY Group is shifting investment to the U.S. Permian basin as its chairman criticizes the UK’s energy policies, acquiring interests in 13 New Mexico oil and gas wells targeting 5 MMbbl by 2032.
Read MessageElementz, FutureOn integrate subsea integrity data into FieldTwin digital twin
Elementz and FutureOn are integrating subsea inspection and integrity data into the FieldTwin Operate digital twin platform, allowing offshore engineers to view asset condition, anomalies and planned work within a single environment.
Read MessageSapphire Gas Solutions acquires EDGE LNG, adds 200,000 gal/day liquefaction capacity
Sapphire Gas Solutions has acquired EDGE LNG, adding approximately 200,000 gal/day of modular liquefaction capacity and expanding its ability to produce, deliver and vaporize LNG across the southern U.S.
Read MessageUSA Crude Oil Stocks Rise Slightly
Crude oil stocks, not including the SPR, stood at 428.9 million barrels on August 21, the EIA's latest weekly petroleum status report showed.
Read MessageJERA Backs Startup Developing Solutions for Grid-to-Data Center Projects
'Emerald AI's software platform enables the coordination of AI computing workloads and onsite energy resources with real-time grid conditions'.
Read MessageMitico Declares Success at Thai Refinery Carbon Capture Demo
The California-based startup said it had successfully completed a demonstration project at a refinery in Thailand for its carbon capture system, which deploys a proprietary potassium-based chemical sorbent through custom designs.
Read MessageU.S. uranium production more than tripled in 2025 and was the highest since 2017
In 2025, uranium concentrate production in the United States totaled 2.1 million pounds of triuranium octoxide (U3O8), the base component of nuclear reactor fuel. U.S. U3O8 production in 2025 was the most since 2017 and more than triple the volume produced in 2024.
Read MessageGoldman Says Gulf Oil Exports at 2/3 of Pre-War Level
Oil exports from the Persian Gulf have recovered to around two-thirds of pre-war levels, according to Goldman Sachs Group Inc.
Read MessageVenezuela weighs OPEC exit as producer group faces growing fragmentation
Venezuela is considering leaving OPEC just months after the UAE’s withdrawal, raising questions about the producer group’s cohesion and its ability to manage global oil supplies as geopolitical shifts reshape the market.
Read MessageTexas Oil Co Starts 92 Well New Mexico Drilling Program
'The first three of 92 horizontal wells now being drilled makes all the difference in the world to us', EON CEO Dante Caravaggio said.
Read MessageBW LPG Posts Higher Shipping Revenue
BW LPG reported $340.8 million in shipping revenue for the second quarter, up from $230.5 million for the same three-month period last year as a dramatic increase in spot rates offset fewer operating days.
Read MessageCNOOC 'Will Spare No Effort' to Boost Reserves, Output in 2H
'In the second half of the year, we will spare no effort to increase reserves and production', CNOOC Limited Chairman Zhang Chuanjiang said.
Read MessageIraq to Deliver Oil beyond Hormuz
The country's state oil marketer, SOMO, is offering Basrah Medium and Heavy that can be collected by ship-to-ship transfer near the Omani coast next month via a tender.
Read MessageSix months into the Iran war: Markets become accustomed to stalemate with no end in sight
The war has far exceeded the four to six weeks the Trump administration estimated it would take to meet its objectives in Iran.
Read MessageIran links Hormuz reopening to ending regional wars as Trump reportedly rejects return to June deal
Iran said the conflict in the Gaza Strip has to end, Israel has to withdraw from Lebanon and also halt its attacks on Syria.
Read MessageDNV launches resilience framework as threats to critical energy infrastructure grow
DNV has launched a new resilience framework for critical energy infrastructure, warning that geopolitical, cyber, physical and supply-chain threats are becoming increasingly interconnected across the energy sector.
Read MessageOil Rises as Iran Deal Hopes Fade
Oil rose as doubts grew over a broader US-Iran agreement.
Read MessageAlaska Pipeline Aims to Renew Land Rights Early
The owners of the 800-mile Trans Alaska Pipeline System are seeking to renew its federal land authorization more than seven years before it expires.
Read MessageTotalEnergies completes exit from Arctic LNG 2, transfers 10% stake
TotalEnergies has completed the transfer of its 10% Arctic LNG 2 stake to Novatek subsidiary NordLine, formally exiting the project while retaining rights to about $1.3 billion in shareholder loan repayments.
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