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Repsol, Venezuela Agree Terms for Production Increase
Under the new agreement with the government and state-owned PdVSA, Repsol would grow its Venezuelan gross production by 50 percent within 12 months and triple it over the next three years.
7:00 AM EST | April 19, 2026
Magyar Says Druzhba Oil Flows Could Resume Next Week
The pipeline, which brings Russian oil via Ukraine to central Europe, has been inoperative since January.
8:00 AM EST | April 18, 2026
Energy Prices Sink on Hormuz News
Oil and gas prices plunged as Iran signaled a temporary reopening of the Strait of Hormuz, easing supply fears.
4:37 PM EST | April 17, 2026
EagleRock Files for IPO
EagleRock Land LLC filed for an initial public offering.
4:00 PM EST | April 17, 2026
EIA Raises USA Fuel Price Projections for 2026, 2027
'Higher crude oil prices are leading to higher prices at the pump for gasoline and diesel', the EIA said.
9:59 AM EST | April 17, 2026
Iran Says Hormuz Strait Now Completely Open
Iran announced that the Strait of Hormuz is now 'completely open' for commercial traffic.
9:23 AM EST | April 17, 2026
Calcasieu Pass LNG Secures $1.75B Loan
Venture Global used part of the proceeds from the senior secured, term loan B facility to redeem preferred equity interests issued to Stonepeak Bayou Holdings II.
7:29 AM EST | April 17, 2026
Oil Prices Could Remain Under Pressure
Oil prices could remain under pressure amid hopes of a diplomatic breakthrough in the Middle East, BankPro CEO Paolo Broccardo said.
6:52 AM EST | April 17, 2026
Buru Gets New Funding Commitment for Rafael Gas Project
Buru received commitment for a two-tranche institutional share offering that would raise around $3.8 million for the Rafael Gas Project in Western Australia.
6:29 AM EST | April 17, 2026
Spirit Energy Reveals Proposal to Restructure UK Organization
'We are committed to supporting all our colleagues throughout the consultation process', Spirit Energy said.
5:27 AM EST | April 17, 2026
Gazprom Starts Up New Oil Project at Urengoy in West Siberia
The Russian state-owned company achieved commercial oil production from the sixth block of the Achimov deposits of the Urengoyskoye field in the West Siberian basin.
5:03 AM EST | April 17, 2026
Pakistan Oil Tanker Is First to Cross Hormuz since US Blockade
A Pakistan-flagged tanker that entered the Persian Gulf over the weekend has become the first carrier to exit through the Strait of Hormuz with a crude cargo since a U.S. blockade began.
2:45 AM EST | April 17, 2026
Crude Gains as Hormuz Blockade Persists
Traders remain cautious as ceasefire optimism clashes with severe supply constraints and global economic concerns.
4:19 PM EST | April 16, 2026
Trump List of Saved Projects Spares $5B Hydrogen Hubs
The Trump administration plans to preserve billions of dollars in funding for hydrogen ventures and other projects previously earmarked for termination.
4:00 PM EST | April 16, 2026
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
USA Crude Oil Stocks Drop Almost 1MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 463.8 million barrels on April 10, the EIA's latest weekly petroleum status report showed.
10:48 AM EST | April 16, 2026
Bessent Says USA Won't Renew Iranian, Russian Oil Waivers
Treasury Secretary Scott Bessent reaffirmed that the U.S. would not renew general licenses that allowed for the temporary sale of certain Russian and Iranian crude.
10:24 AM EST | April 16, 2026
Iberdrola to Raise Italian Capacity to 400MW with CCE Acquisition
The Spanish company signed a deal to acquire a recently commissioned 42-MW solar plant in Lazio from Austria-headquartered CCE.
10:17 AM EST | April 16, 2026
TotalEnergies Discovers More Oil offshore Congo Brazzaville
'The Moho G discovery, together with the discovery previously made on the nearby Moho F structure, represents recoverable resources estimated at close to 100 million barrels'.
6:53 AM EST | April 16, 2026
Rystad Says Energy Repair Costs from War Could Hit $58B
'The scope of damage has expanded materially,' Rystad Energy warned.
6:42 AM EST | April 16, 2026
Aussie Refinery Reduces Production after Fire
Operator Viva expects the blaze at the Geelong refinery, which has a processing capacity of 120,000 bpd, to mainly reduce production for gasoline and aviation gasoline.
5:59 AM EST | April 16, 2026
Oil Prices Holding Firm
Oil prices are 'holding firm' today 'as the market digests a sharp pullback from war-driven panic levels', Naeem Aslam, Chief Investment Officer at Zaye Capital Markets, said.
5:30 AM EST | April 16, 2026
Pakistan Army Chief in Tehran to Push Renewed Talks
Pakistan's army chief landed in Tehran to a warm welcome from officials as he tries to help renew talks between the U.S. and Iran after the two sides failed to clinch a peace agreement in Islamabad.
3:29 AM EST | April 16, 2026
Oil Stabilizes on Supply, Diplomacy Mix
Oil prices held steady as US inventory draws offset ongoing geopolitical uncertainty in the Middle East.
4:12 PM EST | April 15, 2026
Gas Spending Jumps 16 Pct for BofA Customers Amid Iran War
Bank of America Corp. saw its customers' spending on gas soar 16 percent in March.
4:00 PM EST | April 15, 2026
Texas Petroleum Theft Task Force Holds Meeting
'More than 40 percent of oil and gas operators indicated that their operations have been impacted by theft in the past year', the RRC noted.
11:00 AM EST | April 15, 2026
Construction Begins for Transco Gas Pipeline Expansion
Williams broke ground for the Trump-backed Northeast Supply Enhancement project, which will expand the Transco natural gas pipeline system with a capacity addition of 400,000 dekatherms per day.
10:50 AM EST | April 15, 2026
Demand for Colombia LNG Shipments Set to Surge
Colombian power plants are preparing to ramp up liquefied natural gas imports ahead of an expected El Nino.
10:45 AM EST | April 15, 2026
Petrobras, BP Make New Discovery in Campos Basin
'Petrobras' operations in block C-M-477, in the Campos Basin, are aligned with the company's strategy to replenish oil and gas reserves through activities in frontier exploratory areas, in partnership with other companies'.
9:27 AM EST | April 15, 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
EIA Boosts 2026 Brent Oil Price Projection to $96
The U.S. Energy Information Administration increased its 2026 Brent oil price projection in its latest short term energy outlook.
7:36 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
Analyst Flags Peace Momentum but Gives Oil Market Warning
SEB Commodities Analyst Ole R. Hvalbye issued an oil market warning.
6:09 AM EST | April 15, 2026
Teran Mulls Pausing Hormuz Shipments as Iran, US Eye Fresh Talks
The U.S. and Iran are looking to arrange a second round of peace talks in the coming days, with Tehran mulling a pause in shipments through the Strait of Hormuz to help ease the path toward an agreement on time and place.
4:29 AM EST | April 15, 2026
Israel, Lebanon Negotiators Meet in Washington
While they mark the first direct talks between the two Middle Eastern countries in more than three decades, few officials expect an immediate positive outcome.
3:56 AM EST | April 15, 2026
Meloni Says It's 'Too Early' to Tap Russian Gas
Italian Premier Giorgia Meloni said it was too early to consider tapping Russian gas.
4:00 PM EST | April 14, 2026
Crude Tumbles on Ceasefire Progress
Oil prices fell sharply as signs of renewed US-Iran talks reduced immediate supply fears.
3:59 PM EST | April 14, 2026
Eni Announces 2 Tcf Gas Find Offshore Egypt
Eni announced a 'significant' gas and condensate discovery offshore Egypt.
10:36 AM EST | April 14, 2026
Uniper Breaks Ground for 50MW Battery Energy Storage in Wilhelmshaven
Uniper and NGEN began construction for a 50-MW battery energy storage project on the site of Uniper's former coal power plant in Wilhelmshaven, Germany.
9:34 AM EST | April 14, 2026
North America Loses Rigs For 7 Straight Weeks
North America dropped 10 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:35 AM EST | April 14, 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
Strait of Hormuz Now Fully Closed
The Strait of Hormuz is now essentially fully closed, SEB Chief Commodities Analyst Bjarne Schieldrop said.
6:29 AM EST | April 14, 2026
EU Plans Temporary Market Measures to Address Iran War Impact
The European Commission is consulting member states on a draft proposal to relax state aid limits, aimed at protecting market competition, in response to spikes in energy prices brought about by the Middle East war.
5:30 AM EST | April 14, 2026
Oil Climbs but Truce Hopes Cap Gains
Analysts warn current prices understate the severity of supply disruptions and recovery timelines.
4:09 PM EST | April 13, 2026
Iran Threatens Gulf Ports as Trump Vows Hormuz Blockade
Iran said it would target all ports in and close to the Persian Gulf if its own shipping hubs are threatened.
9:45 AM EST | April 13, 2026
India Piles Up Export Tax on Diesel, Jet Fuel
India more than doubled export duties on diesel.
9:09 AM EST | April 13, 2026
Eni Invests $70MM in Canadian Battery Feedstock Project
Eni committed $70 million in equity investment to Nouveau Monde Graphite and plans to place an order of 15,000 tpa of graphite concentrate from phase 2 of NMG's Matawinie Mine project in Canada.
8:52 AM EST | April 13, 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
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