Netherlands Backs $1.2B Subsidy to Refill Gas Stocks
The Netherlands has approved a subsidy of as much as $1.2 billion for state-owned energy company EBN Capital BV to bolster the country's depleted gas reserves.
NOAA Predicts 2026 Atlantic Hurricane Activity
NOAA revealed that it is predicting a 'below normal' Atlantic hurricane season this year.
Equatorial Guinea Clears Europa Oil's Block Farm-Out to Chinese Firm
Europa Oil & Gas said it is moving closer to drilling the Barracuda prospect offshore Equatorial Guinea after the Central African country approved the entry of a new Chinese partner in the relevant license.
Eni, Seri Industrial Agree Integrated Battery Partnership in Italy
Eni and fellow Italian company Seri Industrial agreed to launch a partnership that spans the lithium iron phosphate battery value chain in the country.
Knutsen Revenue Down Quarter on Quarter
Knutsen said one of its vessels chartered to QatarEnergy has been temporarily idled within the Strait of Hormuz due to the war in the Middle East.
USA Oil Output Expected to Average 14MM Bpd in 2027
U.S. crude oil output has never averaged 14 million barrels per day or above annually, or even monthly, according to EIA figures.
Why Is the Oil Price Rising Today?
Why is the oil price rising on Monday?
TotalEnergies Seeks Approval for France's Biggest RE Project
TotalEnergies filed for government authorization for a EUR 4.5-billion 1.5-gigawatt wind farm off the coast of Normandy.
Fresh Clashes as Iran, US Trade Truce Terms
U.S. President Donald Trump said talks with Iran over an interim peace deal will 'work out well,' even as the countries' forces clashed again near the Strait of Hormuz.
Mitsui Eyes LNG Expansion as Data Centers Drive Power Demand
Mitsui is looking to invest in liquefied natural gas projects across the Middle East, the U.S. and Australia, its CEO said.
Kretinsky Sees Potential to Boost TotalEnergies Stake
'Given that we currently own a stake of less than 5 percent, if we felt the need to further diversify, we could continue increasing our stake in Total'.
Oil Settles at Six-Week Low
Traders bet the Strait of Hormuz could reopen as truce negotiations continue.
Reform UK Deputy Tells Industry North Sea Drilling Is Priority
Reform UK Deputy Leader Richard Tice told energy giants his poll-leading party would focus on cutting bills rather than investing in green energy if it wins the next general election.
CBI to Deliver Storage Tanks for Commonwealth LNG
CB&I won a contract to build five 1.77 million-cubic foot LNG storage tanks for the Commonwealth LNG project in Cameron Parish, Louisiana.
Bechtel Bags EPC Contract for Sabine Pass LNG Expansion
Cheniere Partners has now also given Bechtel a 'limited notice to proceed' for the contractor to launch early engineering and procurement activities.
Democrat Lawmakers Probe Sable Campaign to Restart Santa Ynez Oil Flows
'We urge you to pause and consider the long-term legal and financial ramifications of collaborating with the Trump administration to circumvent California law', the legislators warned Sable's CEO.
South African Port Authority Inks Deal for Regasification Project
Transnet National Ports Authority executed a 25-year terminal agreement with Ukwanda LNG for a regasification project at the Port of Ngqura.
Norway Campaigning for Withdrawal of EU Arctic Drilling Pause
Norway is putting pressure on the European Union to remove a moratorium on new oil and gas drilling in the Arctic where almost two-thirds of its petroleum resources lie.
Iran, US Tentatively Agree to Renew Truce for 60 Days
The US and Iran have reached a tentative deal to extend a ceasefire by 60 days and launch further talks on Tehran's nuclear program, a person with knowledge of the matter said.
Crude Mixed on Iran Truce Talks
Traders balanced Iran deal optimism against falling US crude inventories.
