The latest oil and gas news from around the world.
Updated: 25 min 19 sec ago
NNPC Plans to Develop New Oil Fields to Boost Production
Nigeria's state-owned oil producer plans to develop new oil fields from next year and seeks to raise at least $30 billion by the end of the decade, senior officials familiar with the plans said.
Europe Gas Heads for Sharp Drop as LNG Surge Calms Market
European natural gas prices are heading for a sharp annual drop despite unusually low inventories.
Execs Predict Where Henry Hub Price Will Land in Future
Executives from oil and gas firms have revealed where they expect the Henry Hub natural gas price to be at various points in the future in the fourth quarter Dallas Fed Energy Survey.
Consortium Eyes Integrated Partnership for Advanced Nuclear in US
'We see this as a potential America-first model that combines U.S. resources, digital infrastructure and scalable markets'.
Energy Professionals Recognized in UK New Year Honors List
Several energy professionals have been recognized in the 2026 New Year Honors List.
Alphabet to Take Over Intersect in $4.75B Data Center Deal
Google's parent company signed an agreement to acquire Intersect, a data center and energy infrastructure solutions provider, for $4.75 billion in cash plus assumed debt.
USA Crude Oil Stocks Increase
Crude oil stocks, not including the SPR, stood at 424.8 million barrels on December 19, the EIA's latest weekly petroleum status report showed.
Antler to Farm Out 40 Percent in Equatoguinean Block to Fuhai
Antler would retain a 40 percent operating stake, while securing funding to drill the Barracuda prospect.
Chevron Starts Up Tieback offshore Angola
South N'dola will supply oil and gas to domestic plants.
Ukrainian Strikes on Russian Energy Assets Hit Monthly Record
Ukraine ratcheted up attacks on Russian energy infrastructure this month, hitting the most assets and the widest range of targets since the war began.
Buru Closing In On Rafael Financing
'The process has attracted international and domestic parties who are undertaking detailed due diligence on the opportunity to participate in a high-value business with significant growth opportunities'.
Oil Pauses Ahead of OPEC+ Meeting
US stockpiles climbed sharply, reinforcing concerns that supply is outpacing demand.
Delegates Say OPEC+ Likely to Confirm Oil Production Pause
Key members led by Saudi Arabia and Russia will hold a monthly video conference on January 4.
January NatGas Contract Lifts Off into Final Settlement
Eli Rubin, an energy analyst at EBW Analytics Group, highlighted that the January natural gas contract 'lifted off into final settlement yesterday'.
Venezuela Starts Shutting Oil Wells
Venezuela started shutting wells in a region that holds the world's largest deposits of oil.
Buru Says Attracted Potential Investors for Rafael Appraisal
'The process has attracted international and domestic parties who are undertaking detailed due diligence on the opportunity to participate in a high-value business with significant growth opportunities'.
Repsol Grows Iberian Network of Renewable Diesel Stations to Over 1,500
'With this achievement, Repsol consolidates its position as the most relevant 100 percent renewable fuel networks in Europe, reaching more than 210 million liters sold so far this year'.
Execs Predict Where WTI Oil Price Will Land in Future
Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the future in the fourth quarter Dallas Fed Energy Survey.
10K Offshore Workers Spending Holiday Around Britain's Coasts
'We should never take them for granted', OEUK Chief Executive David Whitehouse said.
Non-Chinese Solar Module Makers Buck Industry Slump: WoodMac
'Financial discipline and operational excellence are the true separators in a difficult market'.
