Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
India warned a U.S. bill allowing President Donald Trump to impose tariffs of as much as 100 percent on top buyers of Russian oil could hurt ties between New Delhi and Washington and disrupt global energy markets.
Read MessageWashington's efforts for resuming ceasefire talks appear to have stalled, as Gulf states absorb escalating attacks from Iran and Iran-aligned Houthi militants.
Read MessageOil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports.
Read MessageThe U.S. House has passed the bipartisan TWICE Act, legislation aimed at improving access to TWIC credentials and expanding the available workforce for maritime and offshore energy jobs.
Read MessageJapanese refiners have stepped up purchases of Middle Eastern oil.
Read MessageCrude futures fell as Saudi and Libyan supply disruptions showed signs of easing.
Read MessagePrices for diesel, the fuel type used to power trucks and trains, came in at an all-time high of $6.31 per gallon on Wednesday.
Read MessageContinental Resources has signed an MOU with PDVSA to operate and develop the 126,000-acre Ayacucho 2 block in Venezuela’s Orinoco Belt, estimated to hold 30 billion barrels of oil resource in place.
Read MessageSquare Robot has won a 2026 NIOSH safety award for its SR-3 robotic inspection system, which allows above-ground storage tanks to be inspected onstream without confined-space entry.
Read MessageCaturus, the joint venture of Kimmeridge and Mubadala, plans to add five liquefaction trains with a combined capacity of 7.75 million metric tons per annum to the Commonwealth LNG export project in Louisiana.
Read MessageBKV has completed its previously announced Barnett shale acquisition, adding more than 65 MMcfe/d of production, 0.35 Tcfe of PDP reserves and approximately 117,000 net acres.
Read MessageShape Digital is deploying its AI-powered flare intelligence technology across 10 MODEC FPSOs in Brazil following a pilot, targeting unplanned flaring and improved offshore operating efficiency.
Read MessageThe EIA predicted a bigger oil market crunch in 2026 and a bigger oil glut in 2027 in its latest STEO, compared to its previous August STEO.
Read MessageThe U.S. is investigating potential cyberattacks on oil and gas tankers.
Read MessageMaritime Developments has completed a deepwater SURF decommissioning campaign in Brazil’s Campos basin, using its portable recovery spread aboard the operator’s existing multipurpose vessel.
Read MessageBKV said it had acquired upstream, midstream and carbon capture and storage assets in the Barnett Shale that grow its proven developed producing reserves by about 350 billion cubic feet equivalent.
Read MessageGasoline prices jumped in every U.S. state 'with no relief in sight', GasBuddy warned.
Read MessageThe initial development of the Rafael field in Western Australia's onshore Canning Basin has been assessed to contain 15.25 million barrels of oil equivalent proven and probable reserves, with potential for 65.74 billion cubic feet of sales gas.
Read MessageMarket expectations are shifting towards a prolonged U.S.-Iran conflict, Standard Chartered Bank Energy Research Head Emily Ashford warned.
Read MessageAker BP discovered natural gas with preliminary estimates of about 5.3-84.8 million cubic feet on Norway's side of the North Sea, some 16 miles north of the producing Duva field.
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