The latest oil and gas news from around the world.
Updated: 53 min 20 sec ago
When Will Global Gas Demand Peak?
GlobalData offered its view in a statement sent to Rigzone this week.
OPEC+ Meets on Sidelines of Saudi Conference
'The Ministers reviewed market conditions', a statement posted on OPEC's website said.
Currie Calls Brent 'Vibe Contract' Out of Step with Energy
The world's most important oil benchmark has become little more than a 'vibe contract', according to Wall Street veteran Jeff Currie.
China Builds Gas Buffer for Winter
China has stockpiled enough natural gas to meet winter demand, according to analysts.
Oil Prices Diverge as Supply Risks Mount
WTI surged 3% while Brent edged lower amid shifting shipping costs and tight global supplies.
Aramco CEO Warns Oil Squeeze is Serious
Globally, the squeeze on crude oil is serious, Aramco President and CEO Amin H. Nasser said.
Angola Seeks to Keep Oil Output Above 1MM Barrels a Day
Angola wants to keep crude production above 1 million barrels per day.
USA to Use Cold War Era Law to Expand Texas Refinery
Vice President JD Vance announced Trump administration plans to work with Delek U.S. Holdings Inc. to expand a refinery in Texas.
IEA Says UAE Oil Output Surged to Records in September
Oil output from the United Arab Emirates climbed to record levels last month, the International Energy Agency said.
Trump Touts 'Massive' Oil, Gas Exploration in Greenland
U.S. President Donald Trump said 'Massive Oil, Gas, and Mineral Exploration is getting ready to begin' in Greenland.
North Sea Production Emissions Fall for 6th Straight Year
The North Sea Transition Authority announced that emissions in the North Sea have fallen for a sixth consecutive year.
Container Ship Sinks in Strait of Hormuz
All 21 crew members were evacuated without injuries before the Singapore-flagged vessel sank.
Aramco's New China Refinery Venture Gets 1st Crude Cargo
Saudi Aramco and its local partners have received the first crude cargo for their new refining complex in China.
Oil Gains as Global Supply Risks Mount
Oil gained amid renewed supply disruptions, rising shipping costs and continued pressure on global fuel markets.
Hallador Bags $700MM Contract to Supply MISO Utility
Hallador signed a $700-million agreement to supply a utility operating in MISO Zone 6 from the Merom Generating Station in Sullivan County, Indiana.
KPC Committed to Meeting Obligations 'Despite Challenges'
KPC CEO Shaikh Nawaf Saud Al-Sabah 'reaffirmed the corporation's commitment to meeting its obligations to customers and partners worldwide, despite ongoing challenges'.
Centalion Boosts Haynesville Presence with Silver Hill Acquisition
'On a pro-forma basis, Centalion's Haynesville footprint ranks as one of the largest amongst private operators and positions it as a significant market participant in the U.S. natural gas market'.
Zelenskyy Accuses Trump, Musk of Throttling Satellite Usage
Ukrainian President Volodymyr Zelenskyy accused U.S. President Donald Trump and Elon Musk of restraining Kyiv's military access to SpaceX's satellite technology.
Russia Hits Ukraine Energy Plants
Russia said it attacked Ukrainian electricity plants in a 'massive strike' overnight.
Power LNG Secures Agreement with Port of Galveston
Power LNG secured a lease agreement with the Galveston Wharves Board of Trustees for a small-scale, modular liquefied natural gas production, storage and fuel bunkering facility on Pelican Island.
