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Equinor Starts Gas Production at Eirin in Norwegian North Sea
The field supports Norway's capacity to export natural gas to Europe.
7:00 AM EST | May 10, 2026
IEA Head Calls on Canada to Move Faster on Energy
The head of the International Energy Agency is urging Canada to move more quickly to develop and export its energy resources.
8:00 AM EST | May 09, 2026
Ukraine Says It Hit 2 Major Refineries in Russia
Ukraine said it struck two major fuel-producing facilities and an oil pumping station in Russia.
4:00 PM EST | May 08, 2026
Crude Settles Higher on Gulf Clashes
Markets remained volatile amid fresh Gulf clashes and uncertainty over Iran's response to a US peace proposal.
3:49 PM EST | May 08, 2026
US Gives Iran Deadline on Peace Proposal
Iran has still given no indication whether it will accept Trump's plan.
11:25 AM EST | May 08, 2026
Devon, Coterra Complete $58B Merger
Devon Energy Corporation and Coterra Energy Inc have completed their merger, a statement posted on Devon's website announced.
10:02 AM EST | May 08, 2026
NY City Official Rallies Investors to Block ExxonMobil Move to Texas
The New York City comptroller, on behalf of a city pension fund investing in ExxonMobil, warned that the company has not guaranteed it would not adopt Texas legal provisions that would undermine shareholder participation in decisions.
9:59 AM EST | May 08, 2026
Pakistan Shuns Spot LNG
Pakistan opted not to buy urgent cargoes of liquefied natural gas on the spot market, betting that hostilities which have closed the Strait of Hormuz will ease.
9:47 AM EST | May 08, 2026
Bill Seeks Moratorium on US Oil Exports
A Democrat lawmaker introduced a legislative proposal to keep domestic crude and refined oil products within the U.S. during the war with Iran, in a bid to hold down pump prices.
7:39 AM EST | May 08, 2026
USGS Sees 340+ Tcf of Recoverable Gas in Bossier Formation
'We have assessed there are significant undiscovered resources in the Bossier Formation', USGS Director Ned Mamula said.
7:15 AM EST | May 08, 2026
Brent Oil Price Futures Understating Physical Market Stress
Brent futures are understating physical market stress, analysts at BMI, a unit of Fitch Solutions, said.
5:06 AM EST | May 08, 2026
EU Awards $1.3B in Subsidies for Cleaner Hydrogen Production
'Across seven countries in the European Economic Area, the projects are expected to provide almost 1.1 gigawatts of electrolyzer capacity and produce over 1.3 million tonnes of hydrogen over their first 10 years of operation'.
4:52 AM EST | May 08, 2026
Adnoc LNG Tankers Go Dark to Get Gas Through Hormuz
Abu Dhabi National Oil Co. has managed to keep a trickle of liquefied natural gas exports moving through the Strait of Hormuz by concealing tanker locations.
4:00 PM EST | May 07, 2026
Oil Swings on Iran Deal Doubts
Energy markets remained volatile amid ongoing US-Iran tensions.
3:46 PM EST | May 07, 2026
Murphy Oil Avoids Gambling on Current Volatility
'During these uncertain times, our strategy is to stay anchored to what we control - disciplined capital allocation, safe and reliable operations and our long-cycle projects'.
10:28 AM EST | May 07, 2026
USA Crude Oil Stocks Drop by More Than 2MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 457.2 million barrels on May 1, the EIA's latest weekly petroleum status report showed.
10:27 AM EST | May 07, 2026
USA Considers Tapping Oil Under Military Bases to Refill SPR
The reserve, created in the aftermath of the Arab oil embargo in the 1970s, is poised to reach its lowest level since 1982.
9:42 AM EST | May 07, 2026
EOG Profit Exceeds Expectations
EOG reported $1.83 billion in net income adjusted for nonrecurring items for the first quarter, up quarter-on-quarter and year-on-year on the back of higher crude and condensate production.
8:58 AM EST | May 07, 2026
Which USA Oil Major Produced the Most in 1Q 2026?
Which U.S. oil major produced the most in the first quarter of 2026 - ExxonMobil, Chevron, or ConocoPhillips?
7:16 AM EST | May 07, 2026
Aker BP Posts Higher Profit
An increase in liquids prices quarter-on-quarter and year-on-year offset a decrease in liquids and gas sales volumes.
7:00 AM EST | May 07, 2026
Eni Confirms Size of 'Giant' Gas Discovery offshore Indonesia
A drill stem test confirmed the preliminary assessment of about 5 trillion cubic feet of natural gas and 300 million barrels of condensate in the Geliga-1 discovery in the Kutei Basin.
4:57 AM EST | May 07, 2026
Physical Oil Market Does Not Run on Political Timelines
Rystad Energy Chief Oil Analyst Paola Rodriguez-Masiu warned that the physical market 'does not run on political timelines'.
4:56 AM EST | May 07, 2026
Shell Profit Soars as Volatility Boosts Trading
Adjusted net income rose to $6.92 billion, beating the $6.1 billion median estimate of analysts compiled by Bloomberg.
4:11 AM EST | May 07, 2026
Iran War Boosts Russia April Oil Tax Revenue to 6 Month High
Russia's oil tax revenues jumped to a six-month high last month as the Kremlin started reaping the benefits of a crude rally driven by the war in Iran.
5:00 PM EST | May 06, 2026
Oil Sinks on Iran Peace Proposal
Oil and gas prices plunged as traders weighed a potential US-Iran peace agreement.
4:10 PM EST | May 06, 2026
Shell, INEOS Plan More Joint Tiebacks in US Gulf
'INEOS is acquiring a 21 percent working interest for an undisclosed amount, consistent with its ownership in Appomattox, Rydberg, the recent Nashville discovery and the Mattox pipeline'.
10:33 AM EST | May 06, 2026
ADNOC Announces $55B in New Project Awards
ADNOC stated that it is 'accelerating growth and delivery of its strategy' with AED 200 billion ($55 billion) in new project awards for 2026-2028.
9:58 AM EST | May 06, 2026
Iran Sets Out Process for Hormuz Transit, Shipowners Wary
Iran has laid out an updated process for ships seeking to transit Hormuz, but several shipowners said they remained cautious about sending their vessels through until there are more details.
9:41 AM EST | May 06, 2026
ADB Targets $70B for Asian Power Grid Integration, Data Centers
The multilateral lender aims to mobilize $50 billion in financing to help Asia-Pacific countries build cross-border electricity grids and an additional $20 billion to support data center growth in the region.
9:09 AM EST | May 06, 2026
Gas Trading Boosts Equinor Profit
Equinor optimized piped gas trading in Europe and gas trading in North America to capture volatility.
7:57 AM EST | May 06, 2026
Macquarie Strategists Expect Another USA Crude Inventory Draw
Macquarie strategists, including Walt Chancellor, outlined that they expect another U.S. crude inventory draw 'amidst elevated exports'.
7:03 AM EST | May 06, 2026
Australia to Build Up 1B-Liter Fuel Reserve
Australia will establish a government-owned reserve of about 1 billion liters of diesel and aviation fuel.
5:42 AM EST | May 06, 2026
Trump Pauses Project Freedom for 'Short Period'
'Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time', U.S. President Donald Trump said.
5:09 AM EST | May 06, 2026
US Pauses Plan to Aid Ships through Hormuz while Seeking Deal
Trump said he would pause an effort to help stranded ships exit the Strait of Hormuz to see if the U.S. can reach an agreement with Iran to end the war.
4:39 AM EST | May 06, 2026
Lagarde Urges Europe to Reduce Energy Import Dependency
European Central Bank President Christine Lagarde said soaring energy costs due to the Iran war should act as a wake-up call for Europe.
4:00 PM EST | May 05, 2026
Oil Falls as Ceasefire Holds
Crude markets entered relief mode as tensions failed to escalate further.
3:52 PM EST | May 05, 2026
USA Says Iran Ceasefire Still in Place
The U.S. played down the prospect of a return to active war with Iran.
10:25 AM EST | May 05, 2026
ConocoPhillips Beats Profit Estimates for Q1
By year-on-year comparison, lower costs softened the impact of lower volumes and lower Permian gas prices.
10:17 AM EST | May 05, 2026
UAE Was in a Unique Position in OPEC+
The United Arab Emirates was in a unique position in OPEC+, according to James Davis, who leads FGE's Short-Term service and crude oil production forecasting.
10:00 AM EST | May 05, 2026
Transocean Posts Higher Q1 Revenue
'We continue to believe that we are in the early days of a multi-year upcycle with increasing demand for offshore exploration and development drilling services'.
9:20 AM EST | May 05, 2026
Gasoline Prices Jump Across All 50 States
Gasoline prices have jumped across all 50 states, GasBuddy noted.
9:08 AM EST | May 05, 2026
Uniper Gets Preliminary Approval for Hesse CCGT Plant
'The new hydrogen-ready combined cycle gas turbine plant, with a planned electrical feed-in capacity of up to 890 megawatts, is designed to secure the Grosskrotzenburg power station's long-term role as a key energy hub in the Rhine-Main region'.
7:35 AM EST | May 05, 2026
Nigeria Partners with Chinese Firms to Revive Refineries
'The potential collaboration also contemplates expanding the refineries' petrochemical capacities and harnessing gas and downstream opportunities through the development of co-located, gas-based industrial hubs'.
6:09 AM EST | May 05, 2026
GlobalData Identifies 'Top' Oil, Gas Themes for 2026
GlobalData has identified the 'top' themes that will impact the oil and gas industry this year in a new strategic intelligence report.
5:25 AM EST | May 05, 2026
Iran, US Exchange Fire in Persian Gulf
The U.S. and Iran exchanged fire in a flareup of violence that also drew in the UAE, prompting calls for renewed strikes on Iranian targets and casting doubt on the fate of a four-week ceasefire.
3:18 AM EST | May 05, 2026
Shipping Freeze Deepens in Strait of Hormuz
Traffic through the Strait of Hormuz remained largely frozen amid increasing tensions.
5:00 PM EST | May 04, 2026
Oil Surges on Middle East Attacks
Markets reacted to renewed risks in the Persian Gulf as tanker attacks and military responses intensified.
3:48 PM EST | May 04, 2026
Qatar Extends Force Majeure on LNG Supply
State producer QatarEnergy extended force majeure on its liquefied natural gas supply through mid-June, according to people familiar with the matter.
9:54 AM EST | May 04, 2026
North America Goes Back to Losing Rigs
North America lost four rigs week on week, according to Baker Hughes' latest North America rotary rig count.
9:49 AM EST | May 04, 2026
Occidental COO Jackson to Replace CEO Hollub
The retiring Hollub, CEO since 2016 and board member since 2015, will remain on the board, 'ensuring continuity and ongoing strategic guidance', the Warren Buffett-backed energy company said.
9:00 AM EST | May 04, 2026
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