Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
Oil and LNG shipments through the Strait of Hormuz have reached their highest level in six months, according to U.S. Central Command, as mine-clearing and maritime security efforts support increased flows.
Read MessageTotalEnergies has signed an MOU with PDVSA that could pave the way for its return to Venezuela’s oil and gas sector, joining a growing wave of international companies pursuing new projects in the country.
Read MessageThe State Department urged Americans to reconsider Middle East travel as Houthi attacks intensify and Iran keeps the Strait of Hormuz closed.
Read MessageThe European Commission approved around $145 million in grants from the Connecting Europe Facility for two climate-neutral German-Polish district heating projects and an onshore wind park near the Latvia-Lithuania border.
Read MessageSmoke and flames were seen near Riyadh’s main airport after Saudi civil-defense alerts, while Pakistan urged Iran to protect energy supplies and shipping.
Read MessageJapan's Mitsui OSK Lines Ltd. is planning to sell a few of its older oil tankers to take advantage of a surge in vessel prices.
Read MessageG20 energy talks in Houston put permitting, infrastructure and supply-chain resilience in focus, with Energy Workforce highlighting the oilfield services sector’s role in meeting growing global energy demand.
Read MessageOil fell for a third session as easing Saudi supply concerns outweighed lingering risks around the Strait of Hormuz.
Read MessageFrench President Emmanuel Macron plans to convene the G7 to consider another strategic oil stock release as Middle East supply disruptions and soaring fuel prices tighten global markets.
Read MessageSempra Infrastructure signed a 20-year agreement to supply about 0.8 million metric tons per annum of liquefied natural gas to Petrobras from the under-construction Port Arthur LNG phase 2 project in Texas.
Read MessageThe price of distillate fuel oil, often sold as diesel, is driven by the price of crude oil, retail margins, distribution costs, taxes, and crack spreads, the indicator we use for refining margins. Tight global supplies of distillate fuel oil and elevated crude oil prices have driven prices higher in recent months.
Read MessageINEOS has launched commercial CO₂ storage at Greensand offshore Denmark, using the depleted Nini West oil field with initial capacity of 400,000 tonnes per year and potential to scale to 4–8 million tonnes.
Read MessageTotalEnergies has struck a $1.8 billion partnership with BlackRock’s GIP involving African oil and gas infrastructure assets, with throughput-based payments extending for up to 15 years.
Read MessageCongress gave final approval to a bill to give President Donald Trump new powers to impose tariffs on countries that purchase Russian petroleum products.
Read MessageEngineers India Ltd. is seeing a slowdown in new orders for Middle East energy projects as continued U.S.-Iran hostilities heighten security risks.
Read MessageTransnet National Ports Authority has opened applications to pursue a small to medium liquefied natural gas receiving terminal project at the Port of East London in Eastern Cape province.
Read MessageIn exchange TotalEnergies will pay BlackRock's GIP a throughput-based tariff for up to 15 years.
Read MessageAt least two liquefied natural gas shipments transited the Strait of Hormuz this week as producers look for ways to increase flows to a market struggling with a lack of supply and surging prices.
Read MessageThe oil explorer maintains its forecasts are grounded in scientific and economic data that take into account realistic changes in government policies and consumer behavior.
Read MessageThe UN mission pointed out the missile strike on a primary school that killed over 150 people, as well as another airstrike which killed 22 civilians.
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