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Searah, the joint venture energy company formed by Italy's Eni and Malaysia's Petronas, has started developing a floating gas facility to process gas from its $11.8-billion North Hub project in...
Australia’s Northern Territory has granted land to a major data center project that claims it could attract A$40-billion ($28-billion) in private investment. The region’s government awarded 185...
Abu Dhabi's State energy company Abu Dhabi National Oil Company (ADNOC) has taken a $6.2-billion final investment decision (FID) to develop the Umm Shaif Gas Cap, in an acceleration of its...
Goldman Sachs said on Monday that Brent crude could top $120 a barrel in the fourth quarter this year and average $100 a barrel next year if flows through the Strait of Hormuz remain disrupted and...
Norway's Vaar Energi said on Tuesday it will buy smaller Oslo-listed rival BlueNord to form Europe's largest independent oil and gas producer in a deal worth around $1.33-billion that sent shares...
Magnolia Oil & Gas said on Monday it had agreed to acquire WildFire Energy for about $4.06-billion, including debt, to expand its position in the Giddings field in South Texas. The deal includes...
Iran expects to restore around 100-million cubic metres a day of natural gas production capacity within the coming months, a senior government official said on Monday according to the oil...
ASX-listed Jade Gas has executed a non-binding collaboration agreement with a consortium comprising PT Beijing Energy Linking (PTBEL), its lead contractor, and subcontractors PetroChina and Hunan...
Seven oil and gas players are racing to secure offshore exploration rights in New Zealand ahead of a national election that could lead to a ban on new permits, as the country's major parties battle...
The global oil refining industry is flashing warning signs. The supply chain for the products that fuel the global economy is under growing stress as conflicts in the Middle East and Russia ripple...
Irving Oil's 320 000-barrel-a-day refinery in Saint John, New Brunswick, will begin a two-month turnaround in September, the company said on Friday. The fall turnaround project, is expected to...
Liquefied natural gas (LNG) is poised to become the US' second-largest net export industry within five years, adding nearly $1.4-trillion to its GDPthrough 2040, according to an S&P Global Energy...
If the US and Iran do not increase oil flowing through the Strait of Hormuz soon, the world should worry about energy security, International Energy Agency (IEA) executive director Fatih Birol said...
Canadian energy company ARC Resources said on Tuesday its shareholders have voted in favor of being acquired by Shell, clearing another step for one of this year's biggest energy sector deals....
LNG Canada said on Tuesday five First Nations will have an equity option to invest up to C$1-billion ($710.78-million) to acquire a storage tank planned to be built in a proposed expansion of the...
Greenfire Resources said on Monday that it has agreed to acquire privately held Connacher Oil and Gas Limited for around C$1.27-billion ($900-million) in cash. On a combined basis, Greenfire's...
Oil prices rose on Tuesday to their highest in four weeks, as the US reimposed a naval blockade of Iran and renewed attacks between Washington and Tehran heightened concerns over energy flows...
Chesapeake Utilities said on Monday its unit Peninsula Pipeline Company will develop, construct and operate a natural gas pipeline project in Florida for about $1.2-billion. The project will help...
European Union countries imported record-high volumes of liquefied natural gas (LNG) from Russia's Yamal facility in the first half of this year, EU data showed on Monday, ahead of a ban on Russian...
Australia's east coast gas market is expected to have sufficient supply in the fourth quarter of 2026, though further investment will be needed to meet longer-term demand, the country's competition...
Oil surged by more than 5% on Wednesday and global stocks and bond prices tumbled, as investors fled risk assets after US President Donald Trump said the memorandum of understanding signed with...
Global oil output and trade flows should rebound fully by the end of this year from the disruptions caused by the Iran war, the US Energy Information Administration (EIA) said on Tuesday. Global...
Brazilian State-run oil firm Petrobras signed an agreement with regulator ANP committing to bring 335 temporarily abandoned offshore wells into compliance with safety and environmental rules, both...
Trans Mountain said on Tuesday it reached a settlement with oil shippers after 18 months of negotiating a dispute about the tolls the pipeline charges its customers to carry oil. Trans Mountain,...
Alberta and Ontario on Monday proposed a new 2 050-mile (3 300 km) crude oil pipeline between the two Canadian provinces that they said would initially move 500 000 barrels per day (bpd) and reduce...
Oil prices settled around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices, OPEC+ approved another production target increase starting in August, and exports...
Global liquefied natural gas (LNG) trade hit a record last year as strong US exports and rising European imports offset weaker Asian purchases, the International Gas Union (IGU) said in a report on...
Oil prices were little changed on Friday before a long holiday weekend in the US, as traders held on to hopes that attempts to secure peace in the Middle East between the US and Iran would...
Canada announced plans to build a new oil pipeline from Alberta to the Pacific coast, which would give the world's fourth-largest oil producer greater capacity to export to Asia and ease its...
For the first time in nearly two years, less than half of US (liquefied natural gas) LNG exports last month went to Europe as stronger prices in Asia and record imports by Egypt diverted cargoes,...
Swiss-based commodities trading house Mercuria and Italian oil and gas major Eni have agreed to set up a joint venture (JV), the companies said on Wednesday, reflecting a trend for trading...
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