Market-moving news and intelligence across global energy markets.
Aker BP has commenced production from the Skarv Satellite Project in the Norwegian Sea, adding 120 million boe and extending the Skarv FPSO's lifespan.
The IEA has drastically revised its 2026 oil market outlook, forecasting a demand contraction due to the Iran War and Strait of Hormuz closure, impacting g
Enbridge expands its Permian Basin footprint with a $600 million acquisition of Salt Creek Midstream's crude gathering business, enhancing export capabilit
Repsol's new strategic plan outlines significant investments in renewables, multienergy, and upstream, alongside increased shareholder remuneration through
Africa has become the leading region for global upstream expansion, capturing nearly half of new country entries as operators rebuild exploration portfolio
Saudi Arabia cuts August Arab Light crude OSP to Asia by $11/barrel, the largest drop in over two decades, as Gulf supplies rebound and OPEC+ output rises.
Indonesia's crude oil production averaged 578,156 bpd as of July 31, 2026, falling short of the 2026 state budget target of 610,000 bpd due to operational
Commodities trader Gunvor is negotiating to acquire U.S. natural gas assets in the Haynesville shale for over $1 billion, expanding its integrated producti
Goldman Sachs warns European natural gas prices could exceed €100/MWh by December due to historically low storage, intense Asian LNG competition, and Hormu
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