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Vistra to Acquire Lotus Gas Power Plants for $1.9B Share your comments
The plants have a combined capacity of 2,557 MW.
10:45 AM EST | May 20, 2025
Chariot Regains Interest in Moroccan Offshore Assets Share your comments
Chariot said it will continue to assess the additional potential of the wider Lixus and Rissana license areas.
9:00 AM EST | May 20, 2025
ADNOC Gas to Join MSCI Emerging Markets Index Share your comments
'The development is set to increase the Company's visibility among international institutional investors'.
6:27 AM EST | May 20, 2025
Eni in Talks to Sell 20 Percent of RE Unit to Ares Share your comments
The potential sale places an equity value of EUR 9.8 billion to EUR 10.2 billion on Plenitude, 'corresponding to an enterprise value of more than EUR 12 billion'.
3:00 AM EST | May 20, 2025
South Bow Sees Sequential Rise in Earnings Share your comments
Net income was $88 million, up from $55 million for the prior quarter.
10:30 AM EST | May 19, 2025
ADNOC Signs Agreements for Potential $60B of USA Investments Share your comments
The agreements were made during the UAE-US business dialogue with President Donald Trump.
8:00 AM EST | May 19, 2025
Strathcona Bares Unsolicited Bid for MEG, Sells Montney Assets Share your comments
Strathcona entered into definitive deals to divest 'substantially all of its Montney assets' for about $2.04 billion, as it prepares to make a hostile bid to take over fellow Canadian thermal oil producer MEG.
7:14 AM EST | May 19, 2025
ADNOC Acquires Stake in Turkmenistan Block Share your comments
ADNOC's XRG acquired a 38 percent stake in the Petronas-operated Block I gas and condensate fields on Turkmenistan's side of the Caspian Sea.
4:40 AM EST | May 19, 2025

Focus On: Drilling / Rig
 -  EOG Secures Oil Acreage in Abu Dhabi (05/20)
 -  North America Adds Rigs for First Time in Months (05/19)
 -  Tamboran Prepares for Major Drilling in Beetaloo Basin (05/19)
 -  Company Founded by Trump's Energy Chief Predicts a Shale Slowdown (05/16)


Nigeria Remains Top Recipient of Shell Payments to Governments Share your comments
Nigeria received $3.8 billion in production entitlements.
2:52 AM EST | May 19, 2025
Phillips 66 Sells Majority Stake in German, Austrian Retail Unit Share your comments
Phillips 66 will retain a non-operated 35 percent stake and continue supplying the retail sites through a German refinery.
11:17 AM EST | May 16, 2025
Tenaz Closes Acquisition of NOBV, Widens Q1 Net Loss Share your comments
The acquired assets produced approximately 11,000 barrels of oil equivalent per day (boepd), consisting of 99 percent natural gas, for the first four months of 2025.
8:00 AM EST | May 14, 2025
Gunvor Financed Gabon Deal for Tullow Oil Assets Share your comments
The commodity trader made another significant oil deal in Gabon, its second since the country sought more control of national assets following a coup d'etat in 2023.
2:30 AM EST | May 14, 2025
NRG to Acquire Gas Generation Plants, VPP from LS Power for $12B Share your comments
'The acquisition will double NRG's generation capacity to 25 GW, adding modern, flexible natural gas assets that cannot be replicated'.
10:05 AM EST | May 13, 2025
Canadian Natural Q1 Earnings Beats Estimates on Record Production Share your comments
The company said it posted a record quarterly average production in the first quarter of around 1.6 million barrels of oil equivalent per day (boepd).
9:00 AM EST | May 13, 2025
Tourmaline Signs Two Acquisition Deals for NEBC Montney Assets Share your comments
The two transactions will add approximately 20,000 barrels of oil equivalent (boepd) of current production.
8:00 AM EST | May 13, 2025
Eni Offers $1B Bond Share your comments
Eni returned to the U.S. bond market with the 10-year offering.
4:57 AM EST | May 13, 2025
Petrobras to Pay $2.1 Billion in Dividends Share your comments
The Brazilian state-controlled oil producer approved dividends slightly below expectations amid a trade war that has created economic uncertainty and undermined oil prices.
2:30 AM EST | May 13, 2025
APA to Slow Down Activity amid Price Volatility Share your comments
APA said it is lowering its 2025 spending plan by $175 million to protect cash flow amid uncertainty in commodity prices.
9:16 AM EST | May 12, 2025
WhiteHawk Energy to Acquire PHX Minerals for $187MM Share your comments
WhiteHawk will add approximately 1.8 million gross unit acres of premier natural gas mineral and royalty assets, significantly expanding its footprint in the core of the Haynesville Shale.
7:00 AM EST | May 12, 2025
Alliant Energy Profit Beats Expectations Share your comments
Alliant Energy posted $213 million in net income for Q1, up from $158 million for the same three-month period last year as power and gas utility revenue rose.
4:08 AM EST | May 12, 2025
Iberdrola Sells UK Smart Metering Unit to Macquarie Share your comments
Iberdrola inked a deal to divest SPSMAL to Macquarie for about $1.2 billion.
2:40 AM EST | May 12, 2025
Aramco Profit Drops with Weak Oil Signaling More Strain Share your comments
Q1 net profit slipped 4.6 percent to 97.5 billion riyals ($26 billion).
2:30 AM EST | May 12, 2025
LandBridge Posts Higher Revenue Share your comments
LandBridge reported $44 million in revenue for Q1.
7:00 AM EST | May 11, 2025
ConocoPhillips Sells $1.3B Worth of Assets Share your comments
These count toward a divestiture goal of $2 billion that the oil and gas major expects to complete in the first half of 2025.
11:01 AM EST | May 09, 2025
Occidental Completes $1.3B Sale of DJ Basin, Permian Assets Share your comments
Proceeds helped the hydrocarbons and chemicals producer repay $2.3 billion of debt.
10:30 AM EST | May 09, 2025
Suncor Profit Up on Record Refining Sales Share your comments
The Calgary-based oil sands developer, which also explores for and produces oil and gas offshore, produced 853,200 bpd upstream and sold 604,900 bpd of refined products in Q1.
6:48 AM EST | May 09, 2025
CIP to Invest $500 Million in BKV CCUS Projects Share your comments
BKV and CIP agreed to form a JV on carbon capture, utilization and storage in the U.S.
4:42 AM EST | May 09, 2025
Permian Resources to Acquire APA Delaware Basin Assets for $608MM Share your comments
Midland, Texas-based oil and gas developer Permian Resources expects the acquisition to add about 12,000 boed in Q2.
11:32 AM EST | May 08, 2025
Marubeni to Invest in ExxonMobil Ammonia Project in Texas Share your comments
The Japanese diversified company also agreed to buy about 250,000 metric tons a year of ammonia from the planned project.
5:41 AM EST | May 08, 2025
Impairment Hurts Ovintiv Results Share your comments
Ovintiv reported a net loss of $159 million for Q1.
4:21 AM EST | May 08, 2025
Russia Budget Gap Widens as Oil Revenue Falls for Third Month Share your comments
The monthly shortfall reached RUB 1.05 trillion ($13 billion) after being in surplus a month earlier.
2:30 AM EST | May 08, 2025
EPCOR Sells Texas Gas Utility to SiEnergy Share your comments
The divestment is part of EPCOR's drive to focus on water opportunities in Texas.
11:24 AM EST | May 07, 2025
Valaris at a Loss on Tax Expense Share your comments
Valaris reported a net loss of $39 million for the first quarter of 2025, hurt by a tax expense of $194 million.
6:31 AM EST | May 07, 2025
Iberdrola Raises Quarterly Revenue to $14.6 Billion Share your comments
The Spanish power and gas utility reported about $14.62 billion in revenue for Q1, up 1.5 percent from the same three-month period last year.
3:28 AM EST | May 07, 2025
Uniper Q1 Profit Slumps Share your comments
The German power and gas utility reported about $93.2 million in net income for Q1, down around 83 percent year-on-year.
3:18 AM EST | May 07, 2025
Karoon Closes Acquisition of Bauna FPSO Offshore Brazil Share your comments
'This will enhance our ability to manage operational performance and reduce long-term operating costs'.
8:00 AM EST | May 06, 2025
Imperial Oil Sees Increased Profit on Higher Prices Share your comments
The Canadian integrated oil producer reported about $932.94 million, or CAD 2.52 per diluted share, in net income for Q1.
3:11 AM EST | May 06, 2025
Ecopetrol at Risk from $2.2B Colombian Tax Claim: Union Share your comments
The state oil producer's main workers union said the tax agency is charging Ecopetrol for VAT on gasoline imported since 2022 to supply the local market.
3:03 AM EST | May 06, 2025
EOG Sees Stronger Results Quarter on Quarter Share your comments
EOG Resources reported a net income of $1.46 billion and a revenue of $5.67 billion for the first quarter of 2025.
10:30 AM EST | May 05, 2025
Seplat Revenue Soars after ExxonMobil Acquisition Share your comments
The Nigerian company reported $809.3 million in revenue for Q1, up 350 percent from the same three-month period in 2024 as higher oil and gas volumes offset lower prices.
10:14 AM EST | May 05, 2025
Sustained Domestic Demand Growth Boosts ADNOC Gas Profit Share your comments
ADNOC's gas processing and sales arm reported $1.27 billion in net profit for Q1, up 7 percent from the same three-month period last year.
4:38 AM EST | May 05, 2025
Magnolia Q1 Profit Up YoY as Production Grows Share your comments
Output grew 14 percent year-on-year to 96,500 boed, including 39,100 bpd of oil, which are quarterly production records for Magnolia.
7:00 AM EST | May 04, 2025
Hess Logs Lower Quarterly Profit on Weaker Oil Share your comments
Hess reported $559 million in adjusted net income for Q1, down about 42 percent from the same three-month period a year ago as lower oil prices offset higher natural gas prices.
9:57 AM EST | May 02, 2025
Shell Shows Its Strength by Sticking to Plans Amid Oil Downturn Share your comments
Shell Plc stood out from its peers.
7:46 AM EST | May 02, 2025
Naftogaz More Than Doubles Profit for 2024 Share your comments
The Ukrainian state-owned oil and gas company reported about $913.28 million in net profit for last year, up 64 percent from 2023 as natural gas production grew.
6:46 AM EST | May 02, 2025
Equinor Sells Majority Stake in Brazil Field for $3.5B Share your comments
Brazil's Prio will become the sole owner of the producing oilfield in the Campos Basin.
3:04 AM EST | May 02, 2025
CNOOC Ltd Quarterly Profit Down YoY on Lower Prices Share your comments
CNOOC Ltd.'s production rose year-on-year to 188.8 MMboe in Q1.
10:02 AM EST | May 01, 2025
Subsea 7 Revenue Up 10 Percent YoY Share your comments
Robust operational results in Subsea and Conventional, along with elevated activities in Taiwan's renewables sector, helped counterbalance seasonal slowdowns and vessel upkeep.
3:40 AM EST | May 01, 2025
PetroChina Boasts Stable Growth in Q1 2025 Share your comments
PetroChina reported sustained growth in oil and gas output while bolstering momentum in new energies.
3:27 AM EST | May 01, 2025
IMF Lowers Growth Outlook for Gulf Oil Producers after Price Slump Share your comments
The IMF downgraded its growth forecasts for MENA oil exporting countries including Saudi Arabia and Iraq, citing escalating global trade tensions and lower energy prices.
3:12 AM EST | May 01, 2025
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