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Oil & Gas

Eni oil and gas infrastructure
Eni-Petronas JV starts floating gas facility build for North Hub in Indonesia
24th July 2026 By: Reuters

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
Gas-rich Australian region backs $28bn data centre project
22nd July 2026 By: Bloomberg

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... 


ADNOC project called Hail & Ghasha
ADNOC greenlights $6.2bn Umm Shaif Gas Cap project
21st July 2026 By: Reuters

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... 


Oil tankers at sea
Goldman sees Brent exceeding $120/bbl in Q4 if Hormuz disruptions persist
21st July 2026 By: Reuters

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... 


Vaar Energi oil and gas infrastructure
Biggest independent European oil, gas producer to emerge from Vaar Energi, BlueNord deal
21st July 2026 By: Reuters

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 exploration site in Texas
Magnolia Oil & Gas to buy WildFire Energy in $4bn deal
20th July 2026 By: Reuters

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... 


Oil and pipeline infrastructure
Iran to restore 100-million cubic metres of lost gas output in coming months, official says
20th July 2026 By: Reuters

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... 


Jade Gas drill rig in Mongolia
Jade Gas secures A$1bn funding for coal bed methane gas, LNG development in Mongolia
20th July 2026 By: Marleny Arnoldi

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... 


Offshore oil rig
New Zealand gas exploration interest picks up after years in doldrums
20th July 2026 By: Reuters

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... 


Oil refinery
Forget crude, war pushes refiners to the brink - Reuters
20th July 2026 By: Reuters

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 refinery in Saint John
Irving Oil's refinery in New Brunswick to begin fall turnaround in September
20th July 2026 By: Reuters

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... 


LNG plant
LNG exports set to add $1.4trn to US GDP through 2040, S&P Global Energy says
17th July 2026 By: Reuters

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... 


Strait of Hormuz
Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says
17th July 2026 By: Reuters

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... 


ARC Resources' Attachie production site
ARC shareholders approve $16.4bn Shell takeover deal
15th July 2026 By: Reuters

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 tank
LNG Canada offers five First Nations option to invest up to C$1bn in Phase 2 storage tank
15th July 2026 By: Reuters

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 plant in Canada
Canada's Greenfire Resources to buy Connacher for $900m
14th July 2026 By: Reuters

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... 


Iran oil fields
Oil hits four-week high as US, Iran step up attacks in Strait of Hormuz
14th July 2026 By: Reuters

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... 


Natural gas tank
Chesapeake Utilities unit to build $1.2bn Florida gas pipeline project
13th July 2026 By: Reuters

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... 


Russian LNG seaport
EU imports record LNG volumes from Russia's biggest plant ahead of ban
13th July 2026 By: Reuters

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... 


Woodside gas project in Australia
Aus regulator sees east coast gas market well-supplied through 2026, warns of 2027 risks
10th July 2026 By: Reuters

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... 


An oil rig
Oil surges, stocks tumble as Trump declares Iran MoU 'over'
8th July 2026 By: Reuters

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... 


Oil
Global oil output to return to pre-Iran war level by year's end, US EIA says
8th July 2026 By: Reuters

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... 


Petrobas tanks
Petrobras signs $58m deal with Brazil regulator to bring wells into compliance
8th July 2026 By: Reuters

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 pipeline infrastructure
Trans Mountain pipeline reaches settlement with oil shippers on tolling dispute
8th July 2026 By: Reuters

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,... 


Crude oil pours from well
Alberta, Ontario propose new 2 050-mile Canada oil pipeline
7th July 2026 By: Reuters

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 in hand
Oil prices settle at pre-Iran war levels as crude output grows
7th July 2026 By: Reuters

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... 


LNG vessel
Global LNG trade hit record in 2025, but Middle East conflict clouds outlook, IGU says
7th July 2026 By: Reuters

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 worker on an oil pump
Oil prices little changed ahead of long US weekend as peace efforts hold
3rd July 2026 By: Reuters

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 Prime Minister Mark Carney
Canada, Alberta announce new west coast oil pipeline to boost exports
3rd July 2026 By: Reuters

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... 


LNG vessels
US LNG exports to Europe decline as Asia prices surge, more goes to Africa
2nd July 2026 By: Reuters

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,... 


Eni LNG vessel
Commodities trader Mercuria to form JV with Italian major Eni
1st July 2026 By: Reuters

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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