Why Is the Oil Price Rising Today?
Why is the oil price rising on Monday?
TotalEnergies Seeks Approval for France's Biggest RE Project
TotalEnergies filed for government authorization for a EUR 4.5-billion 1.5-gigawatt wind farm off the coast of Normandy.
Fresh Clashes as Iran, US Trade Truce Terms
U.S. President Donald Trump said talks with Iran over an interim peace deal will 'work out well,' even as the countries' forces clashed again near the Strait of Hormuz.
Mitsui Eyes LNG Expansion as Data Centers Drive Power Demand
Mitsui is looking to invest in liquefied natural gas projects across the Middle East, the U.S. and Australia, its CEO said.
Kretinsky Sees Potential to Boost TotalEnergies Stake
'Given that we currently own a stake of less than 5 percent, if we felt the need to further diversify, we could continue increasing our stake in Total'.
Oil Settles at Six-Week Low
Traders bet the Strait of Hormuz could reopen as truce negotiations continue.
Reform UK Deputy Tells Industry North Sea Drilling Is Priority
Reform UK Deputy Leader Richard Tice told energy giants his poll-leading party would focus on cutting bills rather than investing in green energy if it wins the next general election.
CBI to Deliver Storage Tanks for Commonwealth LNG
CB&I won a contract to build five 1.77 million-cubic foot LNG storage tanks for the Commonwealth LNG project in Cameron Parish, Louisiana.
Bechtel Bags EPC Contract for Sabine Pass LNG Expansion
Cheniere Partners has now also given Bechtel a 'limited notice to proceed' for the contractor to launch early engineering and procurement activities.
Democrat Lawmakers Probe Sable Campaign to Restart Santa Ynez Oil Flows
'We urge you to pause and consider the long-term legal and financial ramifications of collaborating with the Trump administration to circumvent California law', the legislators warned Sable's CEO.
South African Port Authority Inks Deal for Regasification Project
Transnet National Ports Authority executed a 25-year terminal agreement with Ukwanda LNG for a regasification project at the Port of Ngqura.
Norway Campaigning for Withdrawal of EU Arctic Drilling Pause
Norway is putting pressure on the European Union to remove a moratorium on new oil and gas drilling in the Arctic where almost two-thirds of its petroleum resources lie.
Iran, US Tentatively Agree to Renew Truce for 60 Days
The US and Iran have reached a tentative deal to extend a ceasefire by 60 days and launch further talks on Tehran's nuclear program, a person with knowledge of the matter said.
Crude Mixed on Iran Truce Talks
Traders balanced Iran deal optimism against falling US crude inventories.
US Strikes Iran Military Targets Near Hormuz
The U.S. carried out airstrikes on an Iranian military site and imposed new sanctions to prevent Tehran from profiting from vessels transiting the Strait of Hormuz, highlighting the fragility of recent diplomatic momentum.
Ships Desert Hormuz amid Fresh US Strikes
Tensions spiked following a second round of U.S. strikes against Iranian military targets this week.
SEFE to Book Its First LNG Supply from Canada
Ksi Lisims LNG signed a preliminary agreement to supply 1 million metric tons per annum of liquefied natural gas for up to 20 years to the German state-owned power and gas utility.
Monumental Energy Raises $2.2MM in Share Offering
Part of the proceeds will fund additional oil and gas workover wells in New Zealand.
Pembina Approves New NGL Extraction Plant Project
The Calgary-based midstream company decided to proceed with a new straddle plant project to extract natural gas liquids through its existing rights on the Yellowhead Pipeline.
NOG Enters Canada with Duvernay Acquisition from Parallax
Minnesota-based Northern Oil and Gas signed a deal to buy a 25 percent stake in light-oil assets in the Duvernay shale from Parallax for an initial price of around $259 million, marking its entry into Canada.
