Most Recent News
- LandBridge, NRG Eye 1,100 MW Power Plant in Delaware Basin September 28, 2025LandBridge signed an agreement with NRG Energy to explore a potential data center site in Reeves County, Texas.
- Orban Stands Ground vs Trump over Russian Energy September 27, 2025As a landlocked country, giving up piped Russian oil and gas would ruin Hungary's economy, the premier said.
- Oil Posts Biggest Weekly Gain Since July September 26, 2025Oil logged its strongest weekly gain in over three months as geopolitical risks pressured Russian exports.
- India Told to Drop Russian Oil for US Trade Deal September 26, 2025While the negotiations this week were positive, they failed to yield any significant breakthroughs, a person familiar with the matter said.
- Three More RE Projects Secure CEF Funding from EU September 26, 2025Three projects from last year's call for cross-border renewable energy projects secured about $89 million from the Connecting Europe Facility for Energy.
- Drone Strike Torches Another Russian Refinery September 26, 2025As fuel runs short, Moscow plans to extend a ban on gasoline exports and restrict diesel flows abroad until the end of the year.
- Chevron Expects Up To $400MM in 3Q Losses from Hess Acquisition September 26, 2025Chevron expects to book losses of $200-400 million from its purchase of Hess in its third-quarter results.
- Vitol Seals Acquisition of 30 Percent Stake in Ivorian Field September 26, 2025Eni completed a 30 percent farm-down of the producing Baleine field offshore Cote d'Ivoire to Vitol.
- ExxonMobil Fires Up New Lubricant and Fuel Units at Singapore Complex September 26, 2025'The new facilities expand our Group II base stocks production capacity by 20,000 barrels per day, including up to 6,000 barrels per day of the new-to-industry EHC 340 MAX'.
- Netmore Acquires Arson Metering September 26, 2025Netmore acquired Arson Metering, a Spanish innovator in remote meter reading and the smart management of water and gas supply networks, strengthening its position in Europe.
Finance and Investing News
- Chevron Expects Up To $400MM in 3Q Losses from Hess Acquisition September 26, 2025Chevron expects to book losses of $200-400 million from its purchase of Hess in its third-quarter results.
- Vitol Seals Acquisition of 30 Percent Stake in Ivorian Field September 26, 2025Eni completed a 30 percent farm-down of the producing Baleine field offshore Cote d'Ivoire to Vitol.
- Seatrium Sells AmFELS Yard to Karpower Valley September 25, 2025'Notwithstanding the divestment, the U.S. market remains important to us'.
- UK on Top as Iberdrola Boosts Investment Plan to $68B September 25, 2025The Spanish power and gas utility raised its current investment plan (2024-28) from EUR 41 billion to EUR 58 billion, with the UK allotted the biggest chunk at EUR 20 billion.
- QPM Energy Back to Black Thanks to MGP Acquisition September 24, 2025QPM Energy, formerly Queensland Pacific Metals, reported around $5.41 million in net profit after tax for the year ended June, rebounding from an after-tax net loss of AUD 24.33 million for the prior 12-month period.
- Europa Oil Sees Decline in Revenue September 24, 2025Europa Oil & Gas produced 114 boepd in the 11 months to June, down from 128 boepd in the corresponding prior-year period.
- Petition in Brazil Flags Saipem7 Merger September 24, 2025ExxonMobil, Petrobras and TechnipFMC petitioned Brazil's antitrust watchdog to oppose a merger between Saipem and Subsea 7.
- Hess Midstream Expects Lower Activity in Guidance Update September 23, 2025Hess Midstream anticipates a reduction in Bakken rig activity starting in the fourth quarter.
- Statkraft Makes Headway toward Indian Exit September 23, 2025Local power producer JSW Energy agreed to buy the Norwegian state-owned renewable energy developer's 150-MW Tidong hydropower plant, under construction in Himachal Pradesh.
- MedcoEnergi to Acquire Interests in Indonesian Assets September 23, 2025MedcoEnergi is acquiring a 45 percent operating interest in the Sakakemang production sharing contract (PSC) and an 80 percent operating interest in the South Sakakemang PSC.