Industry News

Equinor Makes New Discovery Near Oseberg

Industry News - Wed, 2026-10-14 06:16
Equinor and its partners discovered oil and gas near the Oseberg field on Norway's side of the North Sea, with preliminary estimates of 19-50 million barrels of oil equivalent.

QatarEnergy CEO Says 'We Need to Keep Energy Above Politics'

Industry News - Wed, 2026-10-14 05:09
'Energy security must unite us, not divide us', Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs, and the President and CEO of QatarEnergy, said.

Aramco HQ Hit as Houthis Escalate Attacks

Industry News - Wed, 2026-10-14 02:44
A limited fire erupted at Aramco's office complex in Dhahran and there were no casualties, Saudi authorities said.

Saudis Tell OPEC That Oil Output Recovered from 3 Decade Low

Industry News - Tue, 2026-10-13 16:00
Saudi Arabia reported to OPEC that its crude production jumped by a third last month.

Brent Steady Amid Middle East Tensions

Industry News - Tue, 2026-10-13 15:41
Oil prices settled mixed as Middle East supply threats persisted and traders took profits.

Equinor Bags New Contract to Supply Dutch with Norwegian Gas

Industry News - Tue, 2026-10-13 10:42
Equinor and Eneco have now signed three agreements this year for gas supply to the Netherlands and Germany.

Uniper Seals $3.4B in New Financing

Industry News - Tue, 2026-10-13 10:03
The new financing, coordinated by ING and UniCredit, reflects 'Uniper's importance to Europe's energy supply', said chief financial officer Christian Barr.

BP Slashes Debt

Industry News - Tue, 2026-10-13 09:56
BP expects net debt to have declined by as much as $7.8 billion as of the end of the third quarter.

Dallas Fed Examines Theft in the Oil Field

Industry News - Tue, 2026-10-13 09:37
The third quarter Dallas Fed Energy Survey examined theft in the oil field.

Murphy Announces New Startups, Exploration Success

Industry News - Tue, 2026-10-13 08:57
Murphy Oil began production at two projects in the United States Gulf of America and Vietnam, as well as made another discovery in the Southeast Asian country and successfully appraised an Ivorian discovery.

Chinese Refiners to Slow Inventory Drawdowns

Industry News - Tue, 2026-10-13 08:55
Chinese refiners will slow drawdowns of oil from reserves this month as crude imports recover, according to Energy Aspects.

GasBuddy Flags Fragile Calm at the Pump

Industry News - Tue, 2026-10-13 07:03
GasBuddy flagged a 'fragile calm at the pump' in the United States.

BP Expects Up To $4.5B Impairments for Q3

Industry News - Tue, 2026-10-13 06:34
'These charges are primarily attributable to transition businesses in the gas and low-carbon energy segment'.

October Is Beginning to Look a lot Like April for Oil

Industry News - Tue, 2026-10-13 04:58
October is beginning to look a lot like April for the oil market, analysts at J.P. Morgan said.

Oil Carriers Linked to Japan Return to MidEast

Industry News - Tue, 2026-10-13 03:44
Oil tankers with links to Japan appear to be picking up Middle East cargoes directly in the region once again, a tentative but significant return for the first time since the war began in February that speaks to soaring freight and logistics costs.

Brent Tops $106 as Supply Risks Intensify

Industry News - Mon, 2026-10-12 15:06
Brent settled above $106 amid escalating Middle East tensions and uncertainty over a Russia-Ukraine energy truce.

Japan Urges Oil Stockpiling, Development

Industry News - Mon, 2026-10-12 15:00
Japanese Trade Minister Ryosei Akazawa called for stronger cooperation between oil-producing and consuming countries as well as greater oil stockpiling and infrastructure development in Asia.

TotalEnergies, KKR Add 700 MW to US Solar JV

Industry News - Mon, 2026-10-12 10:07
TotalEnergies and KKR agreed to expand their 50:50 solar joint venture in the United States to 2,100 megawatts.

Matador Completes Ridge Runner Acquisition from EnCap

Industry News - Mon, 2026-10-12 09:42
Matador Resources completed the acquisition of two portfolio companies of EnCap Investments that are operating in the Delaware Basin.

North America Adds Rigs for 3 Straight Weeks, BH Count Shows

Industry News - Mon, 2026-10-12 09:25
North America added 11 rigs week on week, according to Baker Hughes' latest North America rotary rig count.

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