Most Recent News
- 3D Energi Runs Out of Cash for Victoria Drill Campaign, Suspends Trading January 27, 20263D Energi has voluntarily halted trading on the Australian Securities Exchange, having defaulted on the payment of its share of costs in a ConocoPhillips-led exploration campaign in the Otway basin offshore Victoria.
- EIA Sees NatGas Price Dropping in 2026 and Rising in 2027 January 27, 2026The EIA projected that the U.S. natural gas Henry Hub spot price will drop this year and rise next year in its latest short term energy outlook.
- New Pact Signed to Advance North Seas Wind Development January 27, 2026The North Sea neighbors pledged to ensure 'a more evenly distributed offshore wind tender pipeline between 2031 and 2040 across the North Seas contributing to a European installation capacity of up to 15 GW per year'.
- North America Adds More Rigs Week on Week January 27, 2026North America added six rigs week on week, according to Baker Hughes' latest North America rotary rig count.
- Santos Restarts Darwin LNG Exports January 27, 2026Santos and its partners shipped the first cargo from the Darwin LNG life extension project in Australia's Northern Territory.
- Canada, India Agree to Grow Energy Trade in Relations Reset January 27, 2026Ottawa will commit to ship more crude oil, LNG and LPG to India, while New Delhi will send more refined petroleum products to Canada.
- Crude Eases Despite Winter Storm Risks January 26, 2026Markets remain cautious as global supply growth continues to outpace demand.
- Ukraine Says It Attacked Refinery in Southern Russia January 26, 2026Ukraine said it hit a small oil refinery in southern Russia.
- Aramco Raises $4B in 1st Bond Sale of Year January 26, 2026Saudi Aramco priced a $4 billion bond sale, its first note sale this year, as the world's largest oil producer steps up borrowing to fund investment and dividends.
- EIA Sees Glut Widening in 2026 January 26, 2026World petroleum and other liquid fuels production will outweigh consumption by 2.83 million barrels per day in 2026, according to the EIA's January short term energy outlook.
Finance and Investing News
- 3D Energi Runs Out of Cash for Victoria Drill Campaign, Suspends Trading January 27, 20263D Energi has voluntarily halted trading on the Australian Securities Exchange, having defaulted on the payment of its share of costs in a ConocoPhillips-led exploration campaign in the Otway basin offshore Victoria.
- Aramco Raises $4B in 1st Bond Sale of Year January 26, 2026Saudi Aramco priced a $4 billion bond sale, its first note sale this year, as the world's largest oil producer steps up borrowing to fund investment and dividends.
- S-Oil Posts Sequential Increase in Q4 Profit January 26, 2026The South Korean downstream company reported 'robust fuel and lube spreads'.
- Iberdrola Completes Hungary Exit January 26, 2026The Spanish utility completed a transaction selling its Hungarian business for around $202 million to a consortium of iG TECH Capital and Premier Energy as part of its strategy to refocus investment on more stable markets.
- Kinder Morgan Reports Record Year January 23, 2026The increase was driven by its natural gas pipelines business, which rode on rising LNG demand.
- SOCAR Ventures into Africa through Baleine Deal with Eni January 22, 2026The State Oil Company of the Azerbaijan Republic signed an agreement to acquire a 10 percent stake in the producing Baleine field offshore Cote d'Ivoire from Italy's Eni.
- Santos Expects to Exceed 100 MMboe in 2026 January 22, 2026Santos expects to produce 101-111 million barrels of oil equivalent this year, compared to 87.7 MMboe in 2025.
- China Oil Firm Cancels Bond Sale amid Global Market Turmoil January 21, 2026Spikes in borrowing costs following a meltdown in Japanese bonds and a selloff in U.S. Treasuries have prompted at least one Asian borrower to shelve plans to raise funds, underscoring how renewed volatility is rippling through credit markets.
- EnBW Gives Up 2 Irish Sea Wind Projects with BP-JERA JV January 20, 2026JERA Nex BP is acquiring co-venturer EnBW's stake in the Mona wind project in UK waters, while the partners dropped the Morgan offshore wind project.
- TotalEnergies Secures New Deal to Sell Niger Delta Stake January 20, 2026TotalEnergies secured a new buyer in Vaaris for its 10 percent interest in a Niger Delta JV previously operated by Shell after Chappal failed last year to consummate an earlier transaction.
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