The latest oil and gas news from around the world.
Updated: 5 min 45 sec ago
EU Official Says Bloc Is Not In Talks on Gas Transit Via Ukraine
Some government and company officials are in discussions about potential imports of gas from Azerbaijan through Russia and Ukraine to replace a transit deal that expires at the end of the year.
Almost a Third of GOM Oil Production Shut In Due to Hurricane Helene
'We have shut in production at our Chevron-operated Gulf of Mexico facilities and evacuated all associated personnel', Chevron said.
Oct, Nov Typically Most Volatile Months for Gas Prices, Analyst Says
'It is when investors shift their focus from the summer season to the heating season'.
Exxon Paid More Tax to UAE Than Any Other Country in 2023
Exxon Mobil Corp. revealed it paid $7.41 billion in taxes and royalties to the United Arab Emirates last year.
Scottish Court Agrees to Hear Rosebank Oil Field Climate Case
The Court of Session in Edinburgh has agreed to hear arguments brought by climate campaigners seeking to block the Rosebank oil and gas development.
Oil Prices Drop as Libya's Factions Reach Central Bank Compromise
The prospect of restored Libyan oil production following a political deal, combined with OPEC+ supply concerns, pushed WTI below $70 per barrel.
Eni Publishes Methane Report, Highlights Emissions Reduction Efforts
Eni unveiled its first dedicated Methane Report.
Petrofac Secures Forbearance Agreement Extension
Petrofac Limited announced that it has extended its existing forbearance agreement.
Is Oil More Likely to go to $60 or $100 in 2024?
Is oil more likely to go to $60 per barrel or $100 per barrel this year?
Halliburton Enhances Fracturing Automation With Its New Service
Halliburton Company has just unveiled its Octiv Auto Frac service.
MOL Group Signs Deals to Develop Gas Reserves in Azerbaijan
The current ACG production sharing agreement framework is modified by the commercial agreements.
Point Energy Completes $1.1B Sale to Vital, NOG
'We have enjoyed collaborating with and look forward to watching Vital and NOG build upon the success achieved to date on these assets'.
Federal Mandates to Cause Loss of Up To $5B in Saskatchewan: Report
'This report arms us with additional, independent evidence to constitutionally challenge the two mandates'.
TotalEnergies to Supply LNG to Korea's HD Hyundai Chemical
'This agreement allows us to continue securing long-term sales in Asia and reduce our exposure to spot market gas prices'.
DNO Outlines Heisenburg Discovery, Eyes Tieback
The license partnership is studying a tieback of Heisenberg to nearby infrastructure in the North Sea.
Chevron Paid More to African Petrostates Than the USA in 2023
Chevron Corp. paid $6.25 billion in taxes and shared oil production to Nigeria, Angola, and Equatorial Guinea in 2023.
BSEE Activates Hurricane Response Team for Storm Helene
'After the storm has passed, facilities will be inspected'.
Great British Energy to be Headquartered in Aberdeen
Two additional sites will open in Edinburgh and Glasgow.
Trump Plans Texas Oil Country Donor Blitz to Shrink Money Gap With Harris
Donald Trump is planning a fresh fundraising swing through Texas.
Geopolitical Tensions and China Stimulus Drive Oil Higher
Oil prices spiked as China introduced stimulus measures to boost its economy, while ongoing Israeli airstrikes in Lebanon kept Middle East tensions elevated, driving WTI above $71 and Brent to $75.
