Industry News

Amplitude Energy Goes Ahead with East Coast Supply Project

Industry News - Thu, 2026-10-01 08:15
To be developed using existing infrastructure, ECSP is expected to begin production 2028.

Analysts Look at WTI-Brent Spread

Industry News - Thu, 2026-10-01 06:45
Rigzone talks to analysts from the PRICE Futures Group and B. Riley Wealth.

Eni's Renewables Arm Gets Capital Raise under New Shareholding Structure

Industry News - Thu, 2026-10-01 05:55
Eni and Ares completed a transaction to inject new capital into the business that holds the Italian oil and gas major's renewable energy assets.

JPM Flags 'Remarkable Recovery' for Oil Market

Industry News - Thu, 2026-10-01 05:23
The Middle East's oil export arteries are flowing again, analysts at J.P. Morgan said.

China Fuel Exporters Cancel Some Cargoes

Industry News - Thu, 2026-10-01 03:39
Chinese fuel exporters have canceled some oil-product cargoes slated for export in October, as Asia's top consumer prioritizes domestic supply during an extended period of upheaval in global energy markets.

Iraq Deepens October Crude Price Discounts

Industry News - Wed, 2026-09-30 16:00
Iraq's state oil marketer offered buyers contractual crude supplies for October at discounts of as much as $37 a barrel to regional benchmarks, according to a document obtained by Bloomberg.

Oil Futures Rise Despite Increasing Flows

Industry News - Wed, 2026-09-30 15:35
Middle East oil flows are nearing pre-war levels as shipments through Hormuz and alternative routes rebound.

Analyst Flags 'Dizzying Volatility' for NatGas

Industry News - Wed, 2026-09-30 09:34
Eli Rubin, an energy analyst at EBW Analytics Group, flagged 'dizzying volatility into October final settlement'.

Cheniere Notches 22-Year LNG Contract to Supply Petrobras

Industry News - Wed, 2026-09-30 09:28
Earlier Sempra announced a 20-year agreement to also supply about 0.8 MMtpa of LNG to the Brazilian state-owned company.

China Oil Comeback Loses Steam

Industry News - Wed, 2026-09-30 09:09
A nascent recovery in Chinese oil demand has begun to falter.

MidOcean Confirms Participation in LNG Canada

Industry News - Wed, 2026-09-30 08:30
'MidOcean's participation in phase 2 will increase associated LNG volumes, from 0.7 mtpa to 1.4 mtpa, and deepen its position across the integrated LNG value chain, spanning upstream gas production in the North Montney and liquefaction and export'.

KKR Backs New Indian Storage Terminals Developer

Industry News - Wed, 2026-09-30 07:57
The New York City-based asset manager committed 'a majority investment' in Cisternina Logistics, which is developing liquid and gas storage terminals in India.

WTI Discount to Brent Deepens

Industry News - Wed, 2026-09-30 06:40
'The spread is not just the result of Brent acquiring more geopolitical premium', Standard Chartered Bank Energy Research Head Emily Ashford said.

Leviathan's Israeli Owners Cancel $6.7B Domestic Supply Deal

Industry News - Wed, 2026-09-30 06:06
Chevron's local partners in Israel's Leviathan gas and condensate field binned a potential contract to supply natural gas from the Mediterranean project to two planned domestic power plants.

Russia Extends Diesel Export Ban through October

Industry News - Wed, 2026-09-30 05:01
Russia extended a ban on most diesel exports through October, further tightening the global market just as demand rises ahead of the Northern Hemisphere winter and the U.S. considers its own restrictions on exports.

Great British Energy Opens Its Doors in Aberdeen

Industry News - Wed, 2026-09-30 04:34
The publicly owned energy company hosted a reception at its recently opened headquarters in Marischal Square.

Russia Extends Diesel Export Ban until October

Industry News - Wed, 2026-09-30 04:29
Russia extended a ban on most diesel exports through October, further tightening the global market just as demand rises ahead of the Northern Hemisphere winter and the U.S. considers its own restrictions on exports.

Oil Slides on Saudi Supply Relief

Industry News - Tue, 2026-09-29 15:05
Crude prices declined as improving Saudi supply flows eased fears of further shortages.

USA Guts Auto Mileage Rules

Industry News - Tue, 2026-09-29 15:00
The Trump administration finalized a significant weakening of federal fuel economy standards for automobiles.

EIA USA Demand Forecast Raised for 2026, Dropped for 2027

Industry News - Tue, 2026-09-29 09:45
The EIA now sees U.S. total energy consumption coming in at 95.84 quadrillion British thermal units (qBtu) this year and 96.77 qBtu in 2027.

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