Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
Aker BP signed separate agreements to acquire operating stakes in the Losgann discovery on the United Kingdom's side of the North Sea and the Slagugle area in the Norwegian Sea.
Read Message'We are entering an interesting and potentially volatile period for the LNG shipping market, with the balance between continued fleet growth and competition on LNG volumes between Europe and Asia'.
Read MessageAccording to its new STEO, the EIA now sees the Henry Hub spot price averaging $3.44 per million British thermal units in 2026.
Read MessageSLB received a contract from Brunei Shell Petroleum to reactivate shut-in wells across multiple offshore fields.
Read MessageSignatories include BP, Shell, and Eni.
Read MessageTwo Chinese-linked supertankers U-turned in the strait as risks to shipping remain elevated, with prospects for a normalization of traffic dimming after President Donald Trump took a hard line on Iran.
Read MessageWashington and Tehran are considering next steps after negotiations fell apart, while the UAE has suspended trade with Iran.
Read MessageA Greek-run oil tanker was attacked in the Black Sea after loading a Russian-origin cargo.
Read MessageTGS will acquire another 1,020 km² of 3D seismic data offshore Sarawak as Malaysia targets new exploration plays and growing industry interest in the hydrocarbon-rich basin.
Read MessageCrude gained as Hormuz tensions, tanker threats and tight fuel markets supported prices.
Read MessageA ship transiting the Strait of Hormuz has come under attack, resulting in one casualty among its crew.
Read MessageEcopetrol has completed its $1.2 billion acquisition of a controlling 51% stake in Brazil’s Brava Energia, which averaged 78,800 boed of production in first-half 2026 and holds 459 MMboe of proved reserves.
Read MessageMonumental Energy's application for 245 km² of exploration acreage in New Zealand's Taranaki basin has advanced to government review, with the partners targeting two identified gas-condensate prospects.
Read MessageSLB has secured a contract from Brunei Shell Petroleum to restore production from shut-in wells across multiple offshore fields, integrating subsurface evaluation, engineering, well intervention and offshore execution.
Read MessageHelmerich & Payne led U.S. land drilling contractors with 15.85 million ft drilled across 776 wells in Q1, while ExxonMobil topped operators with 5.44 million ft, according to new Enverus rankings.
Read Message'Equinor and Invenergy will together explore additional collaboration opportunities that leverage Invenergy's long-standing operating capabilities and position in the existing PJM power market'.
Read MessageNorth America added eight rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Read MessageEnergy stocks are closing in on record levels reached earlier this year.
Read MessageExxonMobil and its Area 4 partners issued around $1.1 billion in engineering, procurement and manufacturing contracts for the pre-FID 18.6-MMtpa Rovuma LNG project in Cabo Delgado.
Read MessageKazakhstan's state-owned KazMunayGas reported around $1.96 billion in net income for the first six months of 2026, up 69.1 percent from the first half of 2025 as higher oil prices offset lower production.
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