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Aramco Pens $90B Deals with US Companies Share your comments
Aramco signed agreements spanning its operations from refining and LNG to AI with U.S. companies.
5:03 AM EST | May 15, 2025
INEOS Declares Milestone for Europe with Launch of CO2 Carrier Share your comments
INEOS and its Project Greensand partners expect the ship and the other CCS components to become fully operational by the end of 2025 or early 2026.
6:35 AM EST | May 15, 2025
Baltic Neighbors Renew Commitment to EU Energy Integration Share your comments
The European Commission and the Baltic Energy Market Interconnection Plan group signed a new MOU to intensify efforts to create a more unified energy market.
10:49 AM EST | May 15, 2025
Kimmeridge, Mubadala to Grow Gas Cooperation Share your comments
Kimmeridge concurrently announced its expansion into the Middle East with the launch of an office in Abu Dhabi's financial center.
11:10 AM EST | May 15, 2025
Aramco in Talks with Woodside for Louisiana LNG Stake Share your comments
Woodside inked a non-binding collaboration deal with Aramco including for the Saudi oil giant's potential offtake from and ownership in Louisiana LNG.
3:38 AM EST | May 14, 2025
US, Saudi Arabia Ink Energy, Critical Mineral Deals Share your comments
The agreements were signed during Trump's visit to the kingdom, in which the U.S. president secured $600 billion in investment commitments from Saudi partners.
10:30 AM EST | May 14, 2025
Kimmeridge Finalizes Glencore Gas Deals Share your comments
Kimmeridge sealed agreements announced last year to supply Glencore with 2 MMtpa of LNG from Commonwealth LNG and equivalent natural gas from Kimmeridge Texas Gas.
7:41 AM EST | May 14, 2025
Tallgrass Secures Shipping Deals for Planned Permian Gas Pipeline Share your comments
The firm transport commitments 'financially justify construction of the pipeline project', planned to carry up to 2.4 Bcf from the Permian.
9:09 AM EST | May 14, 2025
Europe Has 1,700 GW of Unlinked RE, Hybrid Projects: Study Share your comments
The study blamed the slow integration on outdated planning and policies that are slowing the upgrade and build-out of electricity highways.
3:06 AM EST | May 14, 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
Aspen Wind Project in UK North Sea Pledges over 1,000 Jobs Share your comments
Cerulean Winds signed a charter on Monday confirming more than 1,000 jobs including 100 apprenticeships in the Aspen wind project on the UK side of the North Sea.
9:07 AM EST | May 13, 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
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
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
Murphy Discovers More Oil in Cuu Long Basin offshore Vietnam Share your comments
'The Lac Da Hong (Pink Camel) discovery, combined with the recently announced Hai Su Vang (Golden Sea Lion) discovery, deepens our understanding of the resource potential in our Cuu Long Basin blocks'.
8:04 AM EST | May 12, 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
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
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
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
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
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
Shell Dutch Wind Farm Gets New Lease on Life with Google Deal Share your comments
'We purchased 100 percent of the wind farm's 108-megawatt capacity, which enabled Shell to pursue permit extensions and invest in crucial upgrades'.
8:02 AM EST | May 08, 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
Devon Sells Stake in Permian Gas Pipeline Share your comments
Devon and Ridgemont are divesting their interests in a natural gas pipeline serving the Permian Basin with a capacity of about 2.5 Bcfd.
11:38 AM EST | May 08, 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
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
US DOE Pauses Fossil Fuel Ban on New Federal Buildings Share your comments
The DOE has shelved a Biden administration rule that mandates U.S. federal agencies to design only fossil fuel-free buildings starting 2030.
7:17 AM EST | May 07, 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
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
Venture Global Secures $3B Loan for CP2 LNG Share your comments
Venture Global secured $3 billion in syndicated borrowings to help fund the under-construction CP2 LNG in Cameron Parish, Louisiana.
10:30 AM EST | May 06, 2025
Commonwealth LNG Inks 20-Year Offtake Share your comments
Commonwealth LNG roped in an unnamed 'major' Asian customer with the signing of a deal for the supply of 1 MMtpa for 20 years.
10:30 AM EST | May 06, 2025
Golar, Partners Approve First Vessel in Argentine Gas Export Project Share your comments
The Southern Energy project partners reached a positive FID and fulfilled conditions for the 20-year redeployment of FLNG Hilli, the first of two vessels for the Argentine gas export project.
9:59 AM EST | May 06, 2025
Exporters See Gas Demand Growing 2 Percent This Year Share your comments
The GECF projects a 2 percent increase in natural gas consumption in 2025 on continued growth in the power and industrial sectors.
3:51 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
Qatar Adds 875 MW of Solar Capacity Share your comments
The projects in the industrial cities of Mesaieed and Ras Laffan will raise Qatar's solar power production capacity to 1,675 MW.
6:15 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
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
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
Saipem Lands Liverpool Bay CCS Job Share your comments
Eni awarded Saipem a contract for the CO2 electrical compression station of its Liverpool Bay CCS project.
6:56 AM EST | May 02, 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
Masdar, OMV Eye Green Hydrogen Partnership Share your comments
The Emirati and Austrian companies signed a letter of intent to collaborate on producing renewable power-generated hydrogen and derivatives.
6:05 AM EST | May 01, 2025
INEOS to Supply LNG for Covestro Operations in Europe Share your comments
The British diversified conglomerate will supply the German major polymer materials producer with LNG for up to eight years from 2027.
7:29 AM EST | May 01, 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
BP to Supply Woodside's Louisiana LNG Share your comments
Woodside tapped BP for the supply of up to 640 Bcf of gas for the U.S. Gulf Coast project.
10:44 AM EST | May 01, 2025
TotalEnergies Launches Another $2B Buyback Plan even as Profit Falls Share your comments
CEO Patrick Pouyanne said that reflects TotalEnergies' confidence in its balance sheet despite 'a softening price environment with Brent below $70/b since the beginning of April and an uncertain geopolitical and macroeconomic context'.
6:43 AM EST | April 30, 2025
Afreximbank Forms $3B Fund for Africa, Caribbean Oil Import Needs Share your comments
The financing program aims to help countries in the continent and the Caribbean bridge the cost of importing refined petroleum products.
7:49 AM EST | April 30, 2025
Repsol, Bunge Partner on Renewable Fuel Feedstocks Share your comments
Repsol and Bunge are working together to scale up the adoption of intermediate novel crops as feedstocks for renewable fuel production.
9:08 AM EST | April 30, 2025
Catalyze Acquires 48 MW of Community Solar Projects in New York Share your comments
Located within National Grid's Load Zone A, the projects are expected to start commercial operation 2026.
9:54 AM EST | April 30, 2025
Emera, Nova Scotia Power Report Cyber Breach Share your comments
The companies said the incident has not impacted Nova Scotia Power's physical operations and Emera's utilities in the U.S. and the Caribbean.
2:57 AM EST | April 29, 2025
BP Plans $3-4B of Divestments This Year Share your comments
'This underpins our confidence in meeting our net debt target of $14-18 billion by the end of 2027'.
7:15 AM EST | April 29, 2025