Industry News

Oil Rises Intraday Amid Escalating Tensions

Industry News - Thu, 2026-10-22 06:56
Mahmoud Mashal, Senior Market Analyst at VT Markets Dubai, highlighted that both WTI and Brent oil prices were rising intraday 'as escalating tensions in the Middle East revived concerns over Gulf supply'.

Iberdrola Raises Dividend by Nearly 9 Percent

Industry News - Thu, 2026-10-22 05:45
Iberdrola declared a dividend of EUR 0.275 per share for 2026, up 8.7 percent from 2025 as the Spanish power utility sustains growth in networks.

Libyan Deal Paves Way for Broader Turkish Drilling in Mediterranean

Industry News - Thu, 2026-10-22 04:21
Turkey moved closer to expanding energy exploration in the eastern Mediterranean after the second of Libya's two governments endorsed maritime boundaries disputed by European Union members Greece and Cyprus.

UK Union Welcomes Jackdaw Decision

Industry News - Thu, 2026-10-22 04:18
UK union Unite welcomed the UK government's decision to green light the Jackdaw gas field.

Macron Says France to Get LNG Supplies from Qatar in Winter

Industry News - Wed, 2026-10-21 15:00
President Emmanuel Macron said France will receive liquefied natural gas from Qatar during the winter months.

Oil Gains After Saudi Oil Field Attack

Industry News - Wed, 2026-10-21 14:46
A deadly Saudi oil field attack and Gulf embassy concerns pushed crude prices higher.

What Direction Will the Henry Hub Gas Price Take in 2026, 2027?

Industry News - Wed, 2026-10-21 09:38
What direction will the U.S. Henry Hub natural gas spot price take in 2026 and 2027?

Buru Files for Rafael Gas Production License

Industry News - Wed, 2026-10-21 09:29
Buru Energy applied for a production license for the Rafael domestic natural gas project in Western Australia's onshore Canning Basin.

USA to Tap National Diesel Reserve

Industry News - Wed, 2026-10-21 09:28
The Trump administration is tapping an emergency reserve of diesel set aside to heat homes in the Northeast.

Texas Upstream Jobs Down Month on Month

Industry News - Wed, 2026-10-21 09:05
Oil and gas exploration and production employment positions in Texas fell by 500 to 196,400 jobs in September compared to August, the Texas Oil and Gas Association said.

SAFE Workers Strike at Reach Subsea

Industry News - Wed, 2026-10-21 08:09
Nearly a dozen members of the Norwegian energy workers union SAFE have gone on strike at Reach Subsea after government mediation failed to result in an agreement.

Midterms Could Swing on Diesel

Industry News - Wed, 2026-10-21 06:56
America runs on gasoline but the midterms could swing on diesel, Macquarie strategists warned.

Woodside Posts Higher Quarterly Revenue

Industry News - Wed, 2026-10-21 05:01
'Increased quarterly operating revenue reflected increased production and strong realized prices'.

UK Greenlights $3B Jackdaw Gas Project

Industry News - Wed, 2026-10-21 04:58
UK Energy Secretary Miatta Fahnbulleh has greenlit the Jackdaw gas field.

Iran Intensifies Strikes on Ships

Industry News - Wed, 2026-10-21 03:52
At least 23 incidents involving ships attacked in or near Hormuz were logged in the first two weeks of October, with at least five reporting impacts to their engine rooms.

Oil Slips as Iran Talks Fuel Volatility

Industry News - Tue, 2026-10-20 15:47
Oil retreated from five-month highs amid uncertain Iran negotiations and volatile trading.

Halliburton Sees Years of Growth as Mideast Rebuilds

Industry News - Tue, 2026-10-20 15:00
Halliburton Co. is predicting years of growing demand for oil field services as nations in the Middle East rebuild energy assets and infrastructure.

Equinor Scales Down Troll Electrification Program

Industry News - Tue, 2026-10-20 10:06
Equinor has scaled back the electrification program for Norway's biggest gas field, saying proceeding with the original plan would result in an untimely loss of production.

How Much Additional Diesel Could Reach the Market?

Industry News - Tue, 2026-10-20 09:11
How much additional diesel could reach the market, and what would that mean for prices?

Lewis to Remain Uniper CEO for 5 More Years

Industry News - Tue, 2026-10-20 09:03
The early reappointment 'provides continuity of leadership during a critical phase of strategic execution', the German power and gas utility said.

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