Industry News

The agreement with the Japanese trading and investment conglomerate represents INEOS' first LNG deliveries to the Asia-Pacific region.

U.S. forces intercepted Iranian ballistic missiles and drones aimed at neighboring Middle East countries and struck a command center in the Islamic Republic in response - the latest flare-up to test a fragile ceasefire.

Princeton University's endowment is backtracking on its pledge to divest from publicly traded oil and gas companies.

Oil prices rose as doubts emerged over a US-Iran peace agreement.

Vantage Drilling said it has agreed to a takeover by Eldorado to create a more scalable offshore drilling platform.

The merger consolidates Tamboran's position in the Beetaloo Basin onshore Australia's Northern Territory into a leading 2.8 million net prospective acres.

Consultants and analysts gathered at OPEC's Vienna headquarters for a technical meeting on Monday.

North America added 28 rigs week on week, according to Baker Hughes' latest North America rotary rig count.

'This marks the first-ever commercial gas production operations on ACG, one of the world's largest oil-producing fields'.

'Globally, we track demand losses of 2.8 million barrels per day in March, 4.3 million barrels per day in April, and 5.6 million barrels per day in May', J.P. Morgan analysts said.

Despite Rosneft's stronger showing in the first three months of 2026, CEO Igor Sechin said the company may book impairments due to 'significant operational risks' including infrastructure attacks.

'We hear and read conflicting statements and headlines around the clock regarding negotiations between the United States and Iran to end this war', Samer Hasn, a Senior Market Analyst at XS.com, said.

The world's largest LNG buyer stepped up purchases ahead of peak summer demand, reversing a months-long decline following disruptions to Middle East supplies.

Brent and WTI rallied after reports Iran may halt US negotiations.

France's navy boarded another oil tanker on the high seas after it sailed from Russia.

The Netherlands has approved a subsidy of as much as $1.2 billion for state-owned energy company EBN Capital BV to bolster the country's depleted gas reserves.

NOAA revealed that it is predicting a 'below normal' Atlantic hurricane season this year.

Europa Oil & Gas said it is moving closer to drilling the Barracuda prospect offshore Equatorial Guinea after the Central African country approved the entry of a new Chinese partner in the relevant license.

Eni and fellow Italian company Seri Industrial agreed to launch a partnership that spans the lithium iron phosphate battery value chain in the country.

Knutsen said one of its vessels chartered to QatarEnergy has been temporarily idled within the Strait of Hormuz due to the war in the Middle East.