ExxonMobil Agrees to Sell Argentina Shale Oil Assets to Pluspetrol
Exxon is exiting the Vaca Muerta to focus efforts elsewhere, including Guyana.
Oil Jumps as Iran Plans Retaliation
Oil prices surged as reports of Iran planning a retaliatory strike on Israel reignited fears of supply disruptions in the Middle East.
OneSubsea Secures Job in BP's Gulf of Mexico Development
OneSubsea secured a contract from BP for a subsea boosting system in the greenfield development of the Kaskida project in the deepwater U.S. Gulf of Mexico.
BMI Flags Philippines Upstream Gas Dilemma
Analysts at BMI, a Fitch Solutions company, flagged an 'upstream gas dilemma' for the Philippines.
Shell Maintains Buybacks as Gas Growth Offsets Weaker Oil
Shell Plc kept up the pace of its share buybacks.
Chevron Takes Over Uruguay Block in Area Deemed Conjugate of Orange Basin
Chevron acquired a 60 percent operating stake in Uruguay's offshore AREA OFF-1 block, located in an area deemed to have similar geophysical properties with the Orange Basin in Africa.
Hancock, MinRes Strike $742 Million Deal for Gas Exploration in Australia
MinRes is selling to Hancock Prospecting Pty. Ltd. two exploration permits that include what MinRes says is one of the biggest onshore gas discoveries in Western Australia.
Oil Futures Benefit from Stronger than Expected USA Fuel Demand
Maria Agustina Patti, a Financial Markets Strategist Consultant to Exness, said oil futures 'stabilized to a certain extent'.
Singapore LNG Terminal Moves Into Execution Phase
The FSRU is expected to be operational by the end of the decade.
Oil Price Risk Tilted to Upside After USA Election, SC Analysts Outline
'We think the two months before the presidential inauguration on 20 January 2025 potentially represents a window for an intensification of actions against Iran', Standard Chartered analysts said.
Central, SE European TSOs Ink Deal to Harmonize Gas Quality Standards
Gas transmission operators in Central and Southeastern Europe signed an agreement to work on harmonizing supply quality requirements as they prepare for the gradual abandonment of Russian gas, Gas TSO of Ukraine said.
UK Goes No Further in Raising Oil and Gas Taxes After Outcry
The UK government went no further in toughening up the tax regime for North Sea oil and gas producers than measures already announced.
CNOOC Posts Record Oil and Gas Production
CNOOC Ltd. produced 542.1 MMboe in the first nine months, amid a flurry of startups in the South China Sea.
TotalEnergies Strikes More Gas Condensate in Danish North Sea
'This additional discovery at the Harald field will contribute to the Danish energy supply by boosting our existing production in the North Sea in line with the Danish National Compromise'.
Objections to Shell Asset Sale in Nigeria Could Be Resolved Soon: Regulator
Nigeria's upstream oil regulator found some issues with Shell's proposed sale of its onshore assets to a consortium of local companies but they should be resolved soon, said President Tinubu's special adviser on energy.
Europa Oil Sees Loss Deepen as UK Regulatory Environment Derails Plans
Europa reported a loss of $8.78 million for the 12 months to July as it recognized $ 6.44 million in exploration impairment.
Oil Prices Rebound
Oil prices rebounded amid Middle East tensions and a decline in US crude stockpiles, with WTI climbing 2.1% and Brent 2% as traders anticipate OPEC+ production decisions.
EIA Fuel Update Shows Declining Price Trend for Gasoline
The U.S. Energy Information Administration's latest fuel update showed a declining price trend for gasoline.
Phillips 66 Expects to Surpass $3B Asset Sale Target
The $3 billion target is a floor, not a ceiling, according to Phillips 66 executives.
European Gas Prices Slip as Goldman Warns of Bearish Risks
European natural gas fell as Goldman Sachs Group Inc. warned of downside risks to prices.
