Industry News

USCG, FBI Conduct Cyberattack Probes on Oil Tankers

Industry News - Wed, 2026-09-16 08:52
The U.S. is investigating potential cyberattacks on oil and gas tankers.

BKV Expands Barnett Shale Footprint

Industry News - Wed, 2026-09-16 07:39
BKV said it had acquired upstream, midstream and carbon capture and storage assets in the Barnett Shale that grow its proven developed producing reserves by about 350 billion cubic feet equivalent.

Gas Prices Jump in Every State

Industry News - Wed, 2026-09-16 07:13
Gasoline prices jumped in every U.S. state 'with no relief in sight', GasBuddy warned.

Buru Says Rafael Gas Project Holds Over 15 MMboe 2P Reserves

Industry News - Wed, 2026-09-16 06:50
The initial development of the Rafael field in Western Australia's onshore Canning Basin has been assessed to contain 15.25 million barrels of oil equivalent proven and probable reserves, with potential for 65.74 billion cubic feet of sales gas.

Market Expectations Shift Towards Prolonged USA-Iran Conflict

Industry News - Wed, 2026-09-16 05:01
Market expectations are shifting towards a prolonged U.S.-Iran conflict, Standard Chartered Bank Energy Research Head Emily Ashford warned.

Aker BP Makes New North Sea Gas Discovery

Industry News - Wed, 2026-09-16 04:49
Aker BP discovered natural gas with preliminary estimates of about 5.3-84.8 million cubic feet on Norway's side of the North Sea, some 16 miles north of the producing Duva field.

No Trump Truce Seen as Kyiv Hits Volga Refinery

Industry News - Wed, 2026-09-16 03:22
Ukraine said it hit the Syzran refinery in Russia's Volga region, underlining that the two nations have not signed up to the energy truce claimed by U.S. President Donald Trump.

OEUK Says UK to Gain From Replacing Oil Windfall Tax Early

Industry News - Tue, 2026-09-15 15:00
The current windfall tax, called the Energy Profits Levy, was introduced in 2022 by the previous Conservative government after Russia's invasion of Ukraine sent energy prices soaring.

Oil Jumps on Saudi and Libya Outages

Industry News - Tue, 2026-09-15 14:44
Brent neared $109 as pipeline and oil field disruptions tightened supplies.

TotalEnergies Expands AI Collaboration with Mistral into Exploration

Industry News - Tue, 2026-09-15 10:34
The French companies aim to develop frontier models using 'nearly a century of knowledge, know-how and expertise accumulated by TotalEnergies in geosciences and reservoir engineering'.

Kistos Completes Acquisition of Stakes in Omani Producing Blocks

Industry News - Tue, 2026-09-15 09:44
London-based Kistos consummated the purchase of Mitsui's stakes in Blocks 3 and 4 onshore Oman, marking its entry into the Middle East.

North America Breaks Rig Loss Streak

Industry News - Tue, 2026-09-15 09:38
North America added six rigs week on week, according to Baker Hughes' latest North America rotary rig count.

China's Crude Oil Futures Have Never Been So Expensive

Industry News - Tue, 2026-09-15 09:15
Yuan-priced crude futures in China rallied to the highest level on record.

Petronas, TotalEnergies Partner to Support Methane Monitoring in SE Asia

Industry News - Tue, 2026-09-15 09:09
'As the first center of its kind in Southeast Asia, SEA METEC will support regional efforts to strengthen methane emissions measurement, monitoring, reporting and verification, technology research and development and capability building'.

How Far Are We From 'Tank Bottom'?

Industry News - Tue, 2026-09-15 07:16
There is a key question about how far we are from 'tank bottom', analysts at HSBC said.

What Does the Yanbu Outage Mean?

Industry News - Tue, 2026-09-15 05:50
The East-West Pipeline was subjected to multiple attacks and subsequently shut down, a statement posted on the official X page of Saudi Arabia's Ministry of Energy revealed.

Santos Signs Long-Term LNG Agreements

Industry News - Tue, 2026-09-15 04:31
The Australian company signed a preliminary agreement to supply liquefied natural gas to a South Korean industrial customer and another preliminary deal to offtake from the proposed Ksi Lisims LNG in Canada for the Asian market.

Kyiv Says No Deal Yet to Halt Strikes on Refineries

Industry News - Tue, 2026-09-15 02:28
The U.S. president and his Ukrainian counterpart offered differing accounts of a supposed agreement with Russia to stop attacks on energy infrastructure, as strikes on oil refineries help drive diesel prices to record levels.

Currie Sees 'Extremely High' Risk of $5 Gas by Midterms

Industry News - Mon, 2026-09-14 15:00
Veteran commodities strategist Jeff Currie said average US gasoline prices will almost certainly hit $5 a gallon before the midterm elections.

Oil Climbs Amid Saudi Pipeline Halt

Industry News - Mon, 2026-09-14 14:33
Crude gained as the Saudi East-West pipeline closure heightened fears of tighter global supplies.

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