Brent could rise to $125-150 per barrel from Hormuz blockade – GlobalData poll
The US-Iran conflict commenced on 28 February 2026, causing considerable disruption to energy production and sales from the Middle East. …
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Santos completes first Barossa condensate cargo sale and loading
Australian energy company Santos has confirmed the sale and export of the first condensate cargo from the Barossa gas project …
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Goldman Sachs leads oil and gas M&A advisory by value in H1 2026
Goldman Sachs and RBC Capital Markets emerged as the leading financial advisers for oil and gas sector mergers and acquisitions …
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Equinor finds oil at Skrugard North Tubåen near Johan Castberg
Equinor, along with its partners, has discovered oil at the Skrugard North Tubåen prospect approximately 6km north of the 7220/8-1 …
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KOC agrees $16bn pipeline deal with Blackstone, Brookfield, KKR
Kuwait Petroleum Corporation’s (KPC) fully owned subsidiary Kuwait Oil Company (KOC) has entered into a lease-and-lease-back agreement worth $16bn (Kd4.96bn) …
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The US to spearhead global ammonia capacity additions by 2030
The US is poised to spearhead global ammonia capacity additions by 2030, driven by the abundance of low-cost natural gas …
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Oil futures dip but surge for week amid attacks on shipping routes
Oil futures fell sharply on Friday 24 July, but both Brent and West Texas Intermediate (WTI) remained set for their …
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Matador Resources to acquire Paloma Permian for $1.3bn
Matador Resources has entered into a definitive agreement to acquire Paloma Permian from EnCap Investments in a deal valued at …
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Searah begins work on Indonesia floating gas plant for North Hub
Searah, a joint venture between Eni and Petronas, has commenced development of a floating gas processing facility as part of …
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TotalEnergies reports $5.4bn net income in Q2 2026
TotalEnergies reported net income of $5.4bn in the second quarter of 2026 (Q2 2026), a 100% increase from $2.7bn in …
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ABL secures MWS contract for PNG’s first offshore FSO facility
ABL Group has been appointed by Oil Search (PNG) to provide marine warranty survey services (MWS) for Papua New Guinea’s …
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Asia to spearhead global upcoming oil and gas projects outlook by 2030
The global oil and gas project pipeline is expected to grow significantly during the 2026 to 2030 outlook period, supported …
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Equinor net income soars 267% to $4.84bn in Q2 2026
Equinor reported net income of $4.84bn (Nkr46.39bn) for the second quarter of 2026 (Q2 2026), up 266.7% from $1.32bn in …
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EC launches detailed investigation into Saipem and Subsea 7 merger
The European Commission (EC) has initiated an in-depth probe into the previously announced merger between rival offshore engineering and construction …
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Vallourec to supply pipes for Atapu 2 offshore project in Brazil
Vallourec has secured a contract from Allseas to supply carbon steel seamless line pipes and thermal insulation coating for the …
