Industry News

Wood Mackenzie said its analysis indicates that Brent crude prices could approach $200 per barrel by end-2026.

'The agreement creates the framework for Constellation and Pine Creek to develop approximately 3.0 million MMBtus annually of additional RNG production'.

EIG's MidOcean secured a $120 million equity commitment from The Arab Energy Fund, toward a $2 billion investment target from newcomers.

'India has been receptive to diversification, and what that means is buying more American energy,' Ambassador Sergio Gor said.

Oil prices plunged after Trump signaled progress toward a possible Iran deal.

The firm overtook energy heavyweight Shell Plc among the top 10 U.S. physical gas traders, according to regulatory filings.

Phillips 66 approved a natural gas processing project and a natural gas liquids fractionator project, both expected to start operations 2028.

The U.S. Energy Information Administration lowered its Henry Hub spot price forecasts for 2026 and 2027 in its latest short term energy outlook.

Nigerian oil companies are plowing windfall gains from the Iran war crude rally into near-term extraction projects.

ConocoPhillips signed a 30-year deal with Glenfarne to supply natural gas produced on Alaska's North Slope to the state under phase 1 of the Alaska LNG project.

The Tulsa, Oklahoma-based producer reported $7.68 million in sales revenue for the first quarter, down from $8.99 million for the same three-month period last year due to lower production and lower realized oil and gas prices.

Rigzone talks to Simon Henderson, director of the Washington Institute's Bernstein Program on Gulf and Energy Policy, and Howard Shatz, a senior economist at RAND and a professor of policy analysis at the RAND School of Public Policy.

U.S. President Donald Trump's Iran comments are directly shaping the oil ecosystem, Naeem Aslam, CIO at Zaye Capital Markets, said.

Aramco and Pasqal said they had inaugurated Saudi Arabia's first quantum computer and launched the Middle East's first commercial quantum-computing-as-a-service platform.

The UK will effectively loosen some Russian sanctions by allowing imports of diesel and jet fuel refined from Moscow's crude in countries like India and Turkey.

House lawmakers made public a massive transportation bill Sunday that would impose new fees on electric vehicles.

Oil settled lower as traders weighed renewed US threats against Iran.

Such a move would represent a shift in the military alliance's strategy toward the U.S.-Israeli war in Iran.

Voting concluded with 46 Yeas to 43 Nays, the senate.gov site showed.

The New York-listed companies said the all-stock merger would create the world's biggest regulated power utility by capitalization.