South Bow Sees Sequential Rise in Earnings
Net income was $88 million, up from $55 million for the prior quarter.
North America Adds Rigs for First Time in Months
North America added five rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Venture Global Exported Record LNG in Q1
Venture Global exported 233.6 TBtu of LNG in Q1.
Weatherford Enters into Collaboration with Amazon Web Services
As part of the collaboration, Weatherford will have AWS as its preferred cloud provider and will migrate its software and hardware suite to AWS.
Africa Oil Corp Announces New Brand Identity
Africa Oil Corp. announced a new brand identity with a change of name.
ADNOC Signs Agreements for Potential $60B of USA Investments
The agreements were made during the UAE-US business dialogue with President Donald Trump.
Strathcona Bares Unsolicited Bid for MEG, Sells Montney Assets
Strathcona entered into definitive deals to divest 'substantially all of its Montney assets' for about $2.04 billion, as it prepares to make a hostile bid to take over fellow Canadian thermal oil producer MEG.
Spain Boosts Costlier Gas Power to Secure Grid After Blackout
Spain is boosting generation from costlier gas-fired power plants in the wake of a nationwide blackout.
OPEC+ Did Not Lift Production to Kill the Oil Price, SEB Says
'There is no sign of a blasting price war emerging between OPEC+ and U.S. shale oil producers', SEB Chief Commodities Analyst Bjarne Schieldrop said.
ADNOC Acquires Stake in Turkmenistan Block
ADNOC's XRG acquired a 38 percent stake in the Petronas-operated Block I gas and condensate fields on Turkmenistan's side of the Caspian Sea.
Nigeria Remains Top Recipient of Shell Payments to Governments
Nigeria received $3.8 billion in production entitlements.
China Fossil Fuels Production Retreats from Record Levels
Chinese fossil fuels output fell in April from the record levels hit in the prior month, although gas, oil and coal increased compared to the previous year.
Tamboran Prepares for Major Drilling in Beetaloo Basin
'Having successfully raised funding to progress drilling activity in the Beetaloo Basin, we are focused on delivering the largest single drilling campaign in the region to date'.
Malaysia Committed to 2025 Petrol Subsidy Cut But No Fixed Date
Malaysia is committed to reducing petrol subsidies in the second half of the year and is refining its plan as U.S. tariffs darken the economic outlook.
Trump Targets Billions in Energy Grants for New Round of Audits
Energy Secretary Chris Wright is ordering the stepped-up scrutiny.
Egypt in Talks to Buy LNG Through 2030 to Offset Weak Production
Egypt is looking to buy liquefied natural gas through the end of the decade.
Oil Rises as Iran Talks Stall
Oil prices rose after Iran downplayed progress in nuclear talks with the US.
Phillips 66 Sells Majority Stake in German, Austrian Retail Unit
Phillips 66 will retain a non-operated 35 percent stake and continue supplying the retail sites through a German refinery.
Natural Gas Retreats Amid Repeated Substantial Injections, EBW Analyst Says
'In our view, the bullish impulses of the gas market may prove correct - but are just early', Eli Rubin, an energy analyst at EBW Analytics Group, said.
Company Founded by Trump's Energy Chief Predicts a Shale Slowdown
Liberty Energy Inc., the oil services company founded by U.S. Energy Secretary Chris Wright, is gearing up for a slowdown in shale drilling in the second half of the year.
