Market-moving news and intelligence across global energy markets.
Escalating US-Iran conflict and Houthi threats imperil Asian refiners' August output ramp-up, tightening global fuel stocks and boosting prices.
ADNOC and partners TotalEnergies, Eni, and CNPC announce a $6.2 billion Final Investment Decision for the Umm Shaif Gas Cap project in the UAE.
Magnolia Oil & Gas expands its South Texas footprint, acquiring WildFire Energy for $4.06 billion, boosting oil production and Giddings field acreage.
Indonesia has restarted the Tuna gas field project in the North Natuna Sea, testing Jakarta's resolve in a disputed area with China and involving a Russian
Oil prices surge over 4% to six-week highs as escalating US-Iran hostilities and Houthi threats disrupt key Middle East transit routes, impacting global su
Houthi threats of a naval blockade on Saudi Arabia forced two crude tankers bound for Asia to reverse course in the Red Sea, escalating Middle East conflic
Growing oil production across the Americas, led by the US, Brazil, and Guyana, has significantly mitigated the global market impact of the Strait of Hormuz
ADNOC has reached a Final Investment Decision on the $6.2 billion Umm Shaif Gas Cap offshore natural gas development, targeting over 600 MMscfd.
Vår Energi and BlueNord merge to form Europe's largest independent oil and gas producer, expanding Vår Energi's footprint beyond Norway.
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