U.S. Energy Secretary Chris Wright cautioned against expecting an Iran-Hormuz breakthrough, estimating alternative transit routes are still moving about 10 MMbpd of crude and oil products.
Brent crude posted its biggest weekly gain since July despite a 2.8% Friday decline, as Saudi Arabia’s East-West pipeline ...
U.S. crude oil production is forecast to reach a record 13.8 MMbpd in 2026 as higher oil prices support Permian drilling and ...
ADNOC and XRG are pursuing new long-term LNG supply agreements with Germany’s RWE while expanding potential natural gas ...
Energy Holdings and Ventura Offshore have signed an LOI for an all-share combination that would create a roughly $1 billion ...
Brent crude surged toward $108/bbl and WTI topped $104 as escalating Middle East attacks and tighter supplies extended oil's ...
Brent crude settled above $101/bbl as escalating U.S.-Iran tanker attacks, renewed Chinese crude buying and declining global ...
Invictus Energy has awarded SLB the well services contract for its Musuma-1 exploration well in Zimbabwe, with site ...
Saudi Arabia temporarily halted operations at several energy facilities after Houthi missile and drone attacks sparked fires ...
Buccaneer Energy is looking to its cash-generating Texas operations as a platform for European onshore gas expansion, ...
TotalEnergies is fast-tracking its Acacia-5 oil discovery offshore Angola to first production just three months after ...
Argent LNG and Albania will evaluate a 5-MMtpa LNG import terminal designed to connect with regional pipelines and deliver ...