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The most recent oil and gas industry financial headlines.
Eni, Petronas Launch Southeast Asian Gas JV
Wednesday, June 10, 2026 - The 50:50 joint venture, which combines Petronas and Eni assets in Indonesia and Malaysia, launches with a production base of 300,000 boed and aims to grow to over 500,000 boed over the next 3 years.
Trafigura Pays Record Dividend as Profit Soars Over $4B
Thursday, June 4, 2026 - Trafigura Group made a record payout to its top traders and executives.
Santander, JPM to Back $1B TGS Vaca Muerta Financing
Thursday, June 4, 2026 - Citigroup, Santander, and JPM are among lenders working on a roughly $1 billion finance package for a project by TGS in Argentina's Vaca Muerta shale formation, according to people familiar with the matter.
Energean Faces Competition for Chevron Stakes in Angola Blocks
Thursday, June 4, 2026 - Etu Energias is exercising its pre-emption right in an agreement under which Chevron is selling its interests in 2 producing oil and gas licenses offshore Angola to Energean.
BW LPG Sees YoY Increase in Shipping Revenue
Wednesday, June 3, 2026 - 'Current earnings continue to be supported by trading inefficiencies and a shortage of available vessels on the US-Far East trade'.
Eldorado to Acquire Vantage Drilling
Tuesday, June 2, 2026 - Vantage Drilling said it has agreed to a takeover by Eldorado to create a more scalable offshore drilling platform.
Princeton Endowment Backs Out of Oil, Gas Divestment Pledge
Tuesday, June 2, 2026 - Princeton University's endowment is backtracking on its pledge to divest from publicly traded oil and gas companies.
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