The latest oil and gas news from around the world.
Updated: 43 min 36 sec ago
Iranian Oil Tankers Have Fled Critical Anchorage Site This Week
Oil tankers waiting nearby Iran's biggest crude-loading facility fled the area in the days since Tehran launched a missile salvo toward Israel.
Biden Comments Temper Oil Rally After Week of Surging Prices
Oil prices pared gains after President Biden advised Israel against attacking Iran's oil fields, though the market remained tense amid fears of potential disruptions to Middle East oil supplies.
Energy Companies Beginning to Find More Ways to Use AI
Energy companies are beginning to find more ways to use artificial intelligence, according to a new report from Morningstar DBRS.
Israel Bombs Beirut Targets as Iran Calls on Arab World to Unite
Iran's leader called on the Arab world to unite amid the escalating conflict.
Oil, Gas Execs Predict Henry Hub Natural Gas Price
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 as part of the latest Dallas Fed Energy Survey.
SM Energy, NOG Close Acquisition of Uinta Basin Assets
The transaction includes the exercise of its option to acquire certain additional assets adjacent to XCL Resources' position.
Woodside Confirms Worker Death at Newly Acquired Ammonia Project in Texas
'A full investigation will be initiated and a stand down of all work is currently in place'.
Australian Energy Firm Exits Major Hydrogen Project
'... it has become clear that the hydrogen market is developing more slowly than anticipated, and there remain risks and both input cost and technology advancements to overcome'.
Ed Morse Talks to Rigzone About Middle East Situation
The Middle East 'is closer to a war involving the U.S. than has been the case for some three decades', Ed Morse warned.
Enbridge to Build Pipelines for BP's Kaskida in GOM
'The Canyon Oil and Gas pipelines offer an attractive opportunity for Enbridge to serve customers in the Gulf of Mexico and further expand our U.S. Gulf Coast footprint'.
Santos Bags LNG Supply Contract with TotalEnergies
'There continues to be extremely strong demand in Asia for high heating value LNG from projects such as Barossa and PNG LNG as countries focus on reducing their carbon emissions'.
Aramco Confirms $3 Billion Islamic Bond Issuance
This is Aramco's second bond sale this year, having raised $6 billion last July.
Eni Completes Combination of UK Upstream Assets with Ithaca Energy
The enlarged Ithaca Energy is now the biggest resource holder on the UK continental shelf according to Eni.
Ecopetrol Bares Gas Discovery That Could Meet 80 Pct of Colombia's Demand
Ecopetrol discovered an offshore gas deposit that could potentially produce up to 800 million cubic feet a day.
US, Brazil Extend Energy Transition Collaboration
The U.S. and Brazil have renewed their commitment to advancing a just and inclusive energy transition through new joint initiatives.
Oil Skyrockets as Markets Brace for Potential Israeli Strikes on Iran
Oil prices surged as markets reacted to the possibility of Israel targeting Iran's oil infrastructure, raising concerns about global supply disruptions amid rising Middle East tensions.
Ovintiv Agrees $16 Million Pollution Settlement with US Regulators
The authorities asked for remediation measures and a civil penalty from Ovintiv in a settlement agreement resolving alleged Clean Air Act breaches by the company.
Welligence Offers Global Exploration Roundup for 2024
In a recent interview with Rigzone, David Moseley, the Head of Europe Research at Welligence, provided a global exploration roundup for 2024 from the company's regional teams.
Oil Soars on Biden Remarks
The oil market has been transfixed by the latest crisis in the Middle East.
Israel Hits Beirut as World Awaits Its Response Against Iran
Israeli warplanes bombed Beirut and traded hostilities with Hezbollah fighters in southern Lebanon.
