Industry News

Repsol has budgeted EUR 11.5 billion in investment at home through the decade to support Spain's energy security and advance the company's transition to a lower-carbon future.

Europe will release 42 million barrels of oil reserves into the market over the next three months as part of its commitment to ease prices, France's economy minister Roland Lescure said.

There's a 66 percent chance that Democrats 'sweep' the midterms, according to Polymarket's website.

TotalEnergies reported $9.1 billion or $4.03 per diluted share in net profit adjusted for nonrecurring items for Q3, and expressed confidence high LNG prices and refining margins would continue to underpin results through the year.

The 2026 UK Budget delivered by UK Chancellor of the Exchequer John Healy on Wednesday 'missed bigger opportunities', industry body Offshore Energies UK said.

Shell announced one of its highest-ever share buybacks as the Iran war and the Russia-Ukraine conflict lead to record margins for its oil-refining business and surging profits.

Oil rose as traders weighed whether the U.S. could resume military strikes on Iran after next week's midterms and tracked a tight Israeli election.

'Short-term pain, right, for long-term gain. You're going to see very soon', Trump said at a rally in Corpus Christi.

The Houston-based energy technology company credited results to the Chart acquisition and higher volumes and prices.

The Energy Institute announced that it has kicked off a new industry program 'to tackle barriers to AI adoption in energy'.

Saudi Arabia's oil exports are holding near wartime highs this month despite a wave of attacks on the kingdom's energy infrastructure, according to preliminary data from ship-tracking firms.

A two percent year-on-year growth in production in the third quarter enabled the Norwegian company to capitalize on higher prices for liquids and European gas.

Timor-Leste's national oil and gas company will take full control of the Greater Sunrise fields in the jointly managed maritime area agreed between the Southeast Asian country and Australia.

The deal will create America's 'leading natural gas company with a pro forma enterprise value over $50 billion', a joint statement outlined.

Energy markets remain on edge ahead of the U.S. midterm elections, Macquarie strategists said.

Eni signed the main engineering, procurement, construction and drilling contracts for Cyprus' first natural gas development, designed to supply Europe via Egypt's liquefied natural gas infrastructure.

Iran's Persian Gulf Strait Authority said it would take 'legal action' against tankers belonging to Sinokor, the world's biggest oil tanker owner that has carried millions of barrels out of the Strait of Hormuz in recent weeks.

Oil dipped as traders weighed moves to de-escalate tensions in the Persian Gulf and awaited the outcome of consequential elections.

ADNOC announced that it has 'unlock[ed]' over AED 60 billion ($16.3 billion) in UAE manufacturing opportunities and 'transform[ed]...' how suppliers access and compete for its business.

'Ovintiv's core land position in the Montney is expected to increase to approximately 720,000 net acres'.