Industry News

Democrats swept the governor's office, a U.S. Senate seat and a host of down-ballot slots in the midterm election, a rejection of the Republican party and President Donald Trump.

Oil markets remain volatile as traders weigh Iran war risks against improving regional supply.

Iran and the U.S. are reviewing fresh proposals from mediators on how to resolve their differences and avoid a return to all-out war, according to a diplomat briefed on the matter.

Governor Mikie Sherrill warned New Jersey port and terminal operators against accepting Russian diesel shipments authorized by the Trump administration.

Diamondback Energy expects the Permian Basin to remain the United States' leading oil play into the 2030s while also becoming the country's biggest natural gas play by that period.

Under a partnership agreement, ADNOC will open up its proprietary industrial data to OpenAI models for the development of intelligence capabilities using G42's AI infrastructure in the UAE.

ADNOC announced a final investment decision to proceed with what it said is its first large-scale unconventional natural gas project.

Iran and the U.S. are reviewing the latest proposals from mediators on how to bridge their divides and avert another round of all-out war, according to a diplomat briefed on the matter.

Shell agreed to sell its 16.67 percent stake in the North West Shelf Project, which produces liquefied natural gas and domestic gas in Western Australia, to ADNOC's XRG.

Aramco posted a nine percent increase in third-quarter profit after a jump in earnings from its refineries and as the Iran war drove oil prices higher.

Oil prices plunged more than 7% as Washington and Tehran signaled openness to renewed peace negotiations.

President Donald Trump said he may have to become 'Mr. Veto' if Democrats win a majority in the midterms.

TotalEnergies agreed to acquire a 30 percent operating stake in the SK410B Lang Lebah and B14 gas fields off the coast of the Malaysian state of Sarawak.

Brent crude reacted sharply in Monday trading as Iran signaled openness to renewed peace talks.

Stadtwerke Lippstadt, a municipally owned utility of the German city of Lippstadt, executed a seven-year tolling agreement with Uniper for a 20 MW, 42 MWh battery energy storage project to be owned by Stadtwerke Lippstadt at the Rossfeld site.

Kistos agreed to acquire a 30 percent stake in the Seaward Production Licenses containing the planned Abbey and Baker natural gas projects on the United Kingdom's side of the North Sea.

Eni and Petronas began production at the Maha field in Indonesia's Kutei Basin, a tieback project that grows the capacity of the Jangkrik Floating Production Unit by up to 250 million standard cubic feet per day of natural gas.

BP completed a deal to offload its Castrol lubricants business, giving the oil and gas major $6 billion to pay down debt as it works to repair the balance sheet.

Major OPEC+ nations reaffirmed plans to keep oil production quotas unchanged in December as conflict in the Middle East continues to curb swaths of the group's output.

TotalEnergies signed an agreement to sell 40 percent in the OPL257 block offshore Nigeria to local player South Atlantic Petroleum, as the partners prepare to appraise the Egina South discovery.