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Chevron Expands Heavy Oil Footprint in Venezuela
In an asset swap, PDVSA agreed to sell a 13.21 percent stake in the Petroindependencia JV to Chevron, whose ownership would increase to 49 percent.
11:14 AM EST | April 16, 2026
Equinor to Exit RE Producer Scatec
'Scatec and Equinor continue to be partners in the Apodi and Mendubim operating solar assets in Brazil'.
8:14 AM EST | April 15, 2026
BP Expects 'Exceptional' Oil Trading Results for Q1
BP expects the high-price environment to 'increase the dislocation between marker prices versus actual prices realized by BP in 1Q 2026 and increase the impact of price lags'.
6:58 AM EST | April 15, 2026
Eni Completes Acea Acquisitions
The power and gas utility acquisitions add about 1.2 million customers to Eni's Plenitude.
7:56 AM EST | April 14, 2026
BP Acquires Its First Operated Stakes in Namibia
'Namibia is a region attracting growing industry interest and has a number of exciting frontier basins'.
7:01 AM EST | April 14, 2026
Petrobras to Take Back Petronas Co-Projects in Campos Basin
State-owned Petrobras will assume full ownership by acquiring Malaysian counterpart Petronas' 50 percent stakes for $450 million.
6:24 AM EST | April 13, 2026
Iberdrola Nears Full Takeover of Brazil's Neoenergia
The Spanish power and gas utility has raised its stake in Neoenergia to 98 percent, under a full takeover bid it launched late last year.
7:21 AM EST | April 10, 2026
Petrofac Completes Business Sale to CBI
CB&I consummated the acquisition of Petrofac's Asset Solutions business, saving jobs for about 3,000 workers.
6:04 AM EST | April 10, 2026
Chevron Sees Lower Output Due to Iran War
Chevron said its production fell as much as 6 percent in the first quarter due in part to the Iran war, echoing a similar disclosure from archrival ExxonMobil.
9:30 AM EST | April 09, 2026
Perenco Seals Acquisition of Saturn Banks Fields from CalEnergy
Perenco acquired a 50 percent operating stake in the already developed Blythe and Elgood fields.
6:05 AM EST | April 09, 2026
Rosneft Tamps Down Profit Expectations from Soaring Prices
'The positive impact of rising oil prices on industry revenues should not be overstated, as it is largely offset by higher costs for freight, insurance and currency conversion'.
7:42 AM EST | April 08, 2026
Refining Margins to Provide Buffer as Shell Gas Production Takes War Hit
Shell expects production in its Integrated Gas segment to fall to 880,000-920,000 boed in the first quarter of 2026 from 948,000 boed in Q4 2025 due to 'the impact of the Middle East conflict on Qatari volumes'.
6:03 AM EST | April 08, 2026
Russia Oil Revenues Halved in March Before War Boost
Russian producers paid 494.9 billion rubles ($6.18 billion) in oil taxes last month, down 48 percent year on year, according to Bloomberg calculations based on Finance Ministry data released Friday.
10:41 AM EST | April 03, 2026
TotalEnergies, Masdar Form $2.2B Renewables JV in Asia
Masdar and TotalEnergies announced an agreement to create a 50-50 joint venture to consolidate their onshore renewable energy portfolio in nine Asian countries.
6:55 AM EST | April 03, 2026
Iberdrola Kicks Off $16B Scottish Grid Upgrade
ScottishPower, Iberdrola's UK arm, said it had 'kick-started' a five-year, GBP 12 billion ($15.84 billion) overhaul of the electricity grid in central and southern Scotland.
5:49 AM EST | April 02, 2026
TotalEnergies, Repsol Launch UK North Sea JV
'NEO NEXT+ becomes the largest independent oil and gas producer on the UK continental shelf with an expected 2026 production of over 250,000 barrels of oil equivalent per day'.
3:23 AM EST | March 31, 2026
PetroChina Posts Lower Annual Profit
The decrease was due to lower refined oil products output and overseas gas production, as well as declines in realized prizes for crude, refined products and polyethylene.
4:23 AM EST | March 30, 2026
Iberdrola Sells SP Dataserve to Bluewater
'The sale of this non-core subsidiary forms part of Iberdrola's active portfolio management strategy, which focuses on strengthening its core businesses and optimizing capital allocation'.
5:05 AM EST | March 27, 2026
Serica Completes Greater Laggan Acquisition from TotalEnergies
'The acquisition delivers a new operated hub for Serica in the West of Shetland basin with current net production of just over 5,000 boepd'.
4:49 AM EST | March 27, 2026
Petrofac Says UK Tax Authorities Won't Appeal Ruling in Creditor Deal
Petrofac said it had received confirmation from HM Revenue and Customs that the UK tax agency will not appeal a Scottish court ruling that upheld an agreement between Petrofac and certain creditors.
11:08 AM EST | March 26, 2026
CNOOC Ltd Achieves New Production Record
CNOOC Ltd, majority-owned by China National Offshore Oil Corp, reported 777.3 million barrels of oil equivalent, or 2.13 MMboe a day, in net production last year.
7:55 AM EST | March 26, 2026
Saudi Arabia, Kuwait Push Energy Deals despite War
Saudi Arabia and Kuwait are attempting to press on with planned multibillion-dollar energy deals despite a widening conflict that has seen Iran target oil and gas infrastructure across the Middle East.
4:21 AM EST | March 24, 2026
Maha to Acquire Stake in Venezuela's PetroUrdaneta
Maha made the decision following the U.S. Treasury's issuance of a 'general license' for certain transactions involving Petroleos de Venezuela.
5:57 AM EST | March 23, 2026
Eni Plans to Raise Shareholder Returns
Eni has bumped up the upper range of its shareholder distributions from 35-40 percent of cash flow from operations to 35-45 percent as part of its updated plan (2026-30).
11:37 AM EST | March 19, 2026
Equinor Separates Trading into New Segment
'A project is ongoing to further mature operating model and organizational structure'.
9:38 AM EST | March 19, 2026
Petrofac Secures Deal to Sell Emirates Business
'Petrofac Emirates encompasses Petrofac's core engineering and construction (E&C) capability, including the E&C execution teams in the UAE, Chennai and Mumbai'.
9:21 AM EST | March 18, 2026
Court Upholds Petrofac Deal with Creditors
A court upheld a 'voluntary arrangement' between the energy engineering company and certain creditors, in a challenge by UK tax authorities that threatened to delay Petrofac's sale of its Asset Solutions business.
3:36 AM EST | March 13, 2026
EIB to Shell Out $87B in Clean Energy Financing over 3 Years
The European Commission adopted a new Clean Energy Investment Strategy under which the European Investment Bank is expected to roll out EUR 75 billion over the next three years.
3:00 AM EST | March 12, 2026
Uniper Proposes Resumption of Dividend Payments
'Our earnings base is now stable and normalized'.
11:53 AM EST | March 11, 2026
Wood Now Part of Sidara
The Aberdeen-based energy and industrial engineering and consulting company remains 'a standalone business while benefiting from Sidara's global scale and long-term owner-operator mindset', Sidara said.
10:44 AM EST | March 11, 2026
Repsol Focuses on US for Short-Term Upstream Growth
The Spanish energy company has allotted around 80 percent of its planned EUR 2.6-3 billion investment in upstream activities in 2026-28 to the U.S.
7:02 AM EST | March 11, 2026
Shell Sells Part of US Lubes Business to Monomoy for $1.3B
'By capitalizing on a strong market opportunity, this divestment allows us to monetize an asset that is not central to Shell's lubricants portfolio in the U.S. and reinvest in opportunities that generate higher returns'.
7:09 AM EST | March 10, 2026
Aramco Raises Dividend, Launches $3B Buyback
The increase in investor returns comes despite declines in net profit for the fourth quarter and full-year 2025 driven by lower crude oil prices, partly offset by higher crude sales volumes.
4:32 AM EST | March 10, 2026
Valero Offers $850MM Debt Instrument Sale
Part of proceeds from the offering of senior notes, due 2036 with a 5.15 percent interest, will be used to refinance existing debt.
6:26 AM EST | March 09, 2026
Petrobras Tops Estimates
Brazil's state-controlled oil producer Petrobras surpassed profit expectations after robust oil production and record exports helped cushion the impact of weaker crude prices.
7:00 AM EST | March 07, 2026
Vintage Secures Extension of Loan for Australian Gas Projects
'This facility amendment, like the drilling grant by the South Australian government, underscores expectations of the capacity for increased gas supply from Odin and Vali'.
9:05 AM EST | March 04, 2026
TotalEnergies to Farm Down German Battery Storage Portfolio
'In line with our business model, this transaction enables us to optimize our capital allocation in our integrated power activities and helps improve the sector's profitability'.
6:17 AM EST | March 04, 2026
Petrofac, CBI Deal Faces Hurdle as Creditor Arrangement Challenged
The challenge concerns National Insurance contributions for offshore workers from October 1999 to April 2014.
12:28 AM EST | March 04, 2026
Petronas Posts Lower Annual Profit
Malaysia's national oil and gas company reported around $11.6 billion in profit after tax for 2025, down from 2024 on lower sales volumes and prices.
7:38 AM EST | March 02, 2026
Talos Losses Deepen
Talos reported an adjusted net result of -$76.48 million for Q4 2025, incurring more losses compared to the prior three-month period as operating expenses rose and oil production and prices fell.
7:00 AM EST | March 01, 2026
DOE Awards Record Loans of Nearly $27B to Alabama, Georgia Utilities
Southern Co's Alabama Power and Georgia Power have secured a total of up to $26.54 billion in loans from the DOE, which would lower the cost of the utilities' grid investment.
10:06 AM EST | February 26, 2026
Seatrium Doubles Annual Profit
The Singapore-based offshore energy contractor reported around $256 million in net profit for 2025, up 106 percent from 2024.
6:18 AM EST | February 26, 2026
ENGIE to Acquire UK Power Networks for $14B
ENGIE signed an agreement to buy UK Power Networks at an equity value of around $14 billion, part of the French multinational utility's efforts to expand its predictable revenue base.
4:53 AM EST | February 26, 2026
Ovintiv Launches $3B Share Repurchase Program
Ovintiv authorized a new share buyback program totaling $3 billion as it revised its investor return framework following the $2.7-billion acquisition of NuVista.
9:50 AM EST | February 25, 2026
EOG Posts Lower Q4 Profit
EOG reported $701 million in net profit and $1.22 billion in adjusted net profit for the fourth quarter (Q4) of 2025, both down sequentially and year-on-year on lower oil and gas price realizations in the U.S.
8:23 AM EST | February 25, 2026
UK Drives Iberdrola Profit Growth
Iberdrola reported EUR 6.29 billion in net profit and EUR 6.23 billion in adjusted net profit for 2025, up 12 percent and 10 percent respectively against 2024 on the back of an expanded footprint in power distribution in the UK.
6:38 AM EST | February 25, 2026
Kosmos Energy Sells Producing Assets in Equatorial Guinea
Kosmos retains its interests in offshore exploration blocks EG-01 and EG-24, which it said 'provide exploration opportunities for near-field short-cycle tie-backs'.
3:06 AM EST | February 25, 2026
Infinity Completes $1.2B Utica Acquisition from Antero
In pro forma terms, Infinity said the acquisition propels it to a leading operator position in the basin.
8:21 AM EST | February 24, 2026
Tidewater to Acquire Wilson Sons Ultratug Offshore
'The Brazilian offshore vessel market is one of the largest and most compelling in the world', Quintin Kneen, CEO of Houston-based Tidewater, said of the acquisition.
3:32 AM EST | February 24, 2026
Gas Distributor Superior Logs Higher Q4 Profit
Superior, which operates in Canada and the U.S., saw higher propane volumes and lower operating costs.
6:00 AM EST | February 22, 2026
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