Brent Tops $106 as Supply Risks Intensify
Brent settled above $106 amid escalating Middle East tensions and uncertainty over a Russia-Ukraine energy truce.
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Japan Urges Oil Stockpiling, Development
Japanese Trade Minister Ryosei Akazawa called for stronger cooperation between oil-producing and consuming countries as well as greater oil stockpiling and infrastructure development in Asia.
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TotalEnergies, KKR Add 700 MW to US Solar JV
TotalEnergies and KKR agreed to expand their 50:50 solar joint venture in the United States to 2,100 megawatts.
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Matador Completes Ridge Runner Acquisition from EnCap
Matador Resources completed the acquisition of two portfolio companies of EnCap Investments that are operating in the Delaware Basin.
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North America Adds Rigs for 3 Straight Weeks, BH Count Shows
North America added 11 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
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Zelenskyy Risks Split with Trump
Ukrainian President Volodymyr Zelenskyy is on a collision course with President Donald Trump.
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Shell Comes In after BP Exits Equinor Oil Project offshore Canada
'The transaction supports the continued maturation of Bay du Nord towards an investment decision currently targeted for early 2027'.
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Eni Sells Part of Stake in 7 Indonesian Blocks
'Pertamina's participation as the national oil and gas company in these assets is expected to directly support and accelerate the Kutei North Hub Project (North Ganal and Rapak blocks)'.
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USA Oil, Gas Workforce Hits Post Pandemic September Low
The number of employees in the oil and gas extraction industry hit a post pandemic September low, data on the U.S. Bureau of Labor Statistics website showed.
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Energy Market Mistaking Adaptation for Normalization
The energy market continues to mistake adaptation for normalization, Standard Chartered Bank Energy Research Head Emily Ashford said.