The latest oil and gas news from around the world.
Updated: 1 hour 5 min ago
Iraq Stops Diesel Import Deals as Refinery Upgrades Boost Output
Iraq halted contracts to import diesel after the upgrade of some refineries helped bolster local output.
Oil Posts Weekly Gain Settling Above $80
Oil notched a weekly gain while futures stayed in a narrow range, with the outlook for supply and inflation in focus.
Brazil Oil Junior 3R Agrees to Buy Enauta for About $1.2B
3R Petroleum Oleo e Gas SA agreed to acquire Enauta Participacoes SA in an all-stock deal.
ABL to Acquire Energy Consultancy Ross Offshore
Ross Offshore will merge with ABL Group company AGR after the completion of the transaction.
Honeywell, Weatherford Partner for Emissions Management Solution
The collaboration combines Honeywell's emissions management suite with Weatherford's CygNet SCADA platform.
US DOE Offers $71MM Aid for Projects Developing Solar Tech
'The Biden-Harris Administration is committed to building an American-made solar supply chain that boosts innovation, drives down costs for families, and delivers jobs across the nation'.
DNO Closes Arran Field Stake Acquisition in UKCS
The Arran field stake was acquired by DNO subsidiary DNO Exploration UK Limited from ONE-Dyas E&P Limited.
JMR Expands USA Plug and Abandonment Footprint with M&A
JMR now operates a total of 34 full service plug and abandonment packages.
Nigeria's Tinubu Commissions Three Gas Infra Projects
Nigerian President Bola Ahmed Tinubu has commissioned three expansion projects.
Qatar Eyes More Long-Term LNG Deals This Year
Qatar expects to secure more long-term agreements with liquefied natural gas customers this year.
RRC Challenging New EPA Rule
'President Biden is hellbent on making American's energy more expensive and less reliable,' one RRC Commissioner said.
Suriname's Oil Resources Seen Totaling 2.4B Barrels
Suriname's discovered oil resources now total more than 2.4 billion barrels of crude and liquids, according to Wood Mackenzie.
Biden Administration Increasing Tariffs on $18B of Imports from China
The new tariffs under President Biden may be a case of history repeating, Xeneta's Chief Analyst said.
EIR Analyst Says Crescent Deal Addresses Key Concerns for SilverBow
Crescent Energy and SilverBow have entered into a definitive agreement pursuant to which Crescent will acquire SilverBow in a transaction valued at $2.1 billion.
Hess Investors Advised by Glass Lewis to Back Chevron Deal
The driving force behind Chevron's strategy to buy Hess is winning its 30 percent stake in a massive oil field off Guyana.
Crescent Energy Nears $2.1B Deal for SilverBow
Crescent Energy Inc. agreed to buy SilverBow Resources Inc.
Oil Edges Higher as US Stockpiles Fall
Oil erased earlier losses to close higher, but remained within a tight range as traders weighed shrinking US stockpiles and the outlook for inflation in the world's largest economy.
Low-Carbon Fuel Groups in US Urge Prompt Issuance of Tax Credit Guidance
'Any extended delays in publication of guidance for the Sec. 45Z credit may disrupt project timelines, impede capital flows, and threaten existing production and demand for low carbon renewable fuels'.
EIA Reveals Latest Henry Hub Gas Price Forecasts
The U.S. Energy Information Administration revealed its latest Henry Hub gas price forecasts for 2024 and 2025.
