Oil prices increase as US-Iran negotiations remain unresolved
Oil prices increased on 4 May, with Brent crude rising to $111.81 per barrel and the US West Texas Intermediate …
Post
-
-
EPA eases flaring rules for oil and gas sector beyond 2026 phase-out
The US Environmental Protection Agency (EPA) has issued guidance confirming that oil and natural gas producers will be permitted to …
-
Scout Energy sells Western Anadarko assets for $1bn
Scout Energy Partners has announced the sale of certain oil and gas assets in the Western Anadarko Basin, US for …
-
Petrobras starts oil output at Búzios 8 via P-79 FPSO
Petrobras has started oil production at the Búzios 8 project via the P-79 floating production, storage, and offloading (FPSO)-type unit …
-
ConocoPhillips Q1 2026 earnings fall 21% to $2.2bn
ConocoPhillips has reported first-quarter 2026 (Q1 2026) earnings of $2.2bn, a 21% decline compared to $2.8bn in the same quarter …
-
US continues to account for significant share of global propylene demand
Global demand for propylene keeps rising, highlighting how essential it is for making plastics, packaging, and many everyday products. The …
-
Trump approves new Canada-to-Wyoming oil pipeline border permit
US President Donald Trump has granted a cross-border permit for an oil pipeline project designed to transport Canadian crude from …
-
SIA lands EPCI deal for ExxonMobil’s Angola Block 15 project
The Subsea Integration Alliance (SIA) has won an engineering, procurement, construction and installation (EPCI) contract from ExxonMobil for the Redevelopment …
-
Skadden, Kirkland & Ellis lead Q1 2026 O&G legal adviser rankings
Skadden, Arps, Slate, Meagher & Flom, along with Kirkland & Ellis, topped the legal adviser rankings in oil and gas …
-
JDR wins umbilicals contract for East Coast Supply Project
JDR Cable Systems has secured a contract from Amplitude Energy (formerly Cooper Energy) to supply subsea control umbilicals for the …
-
Brent reverses from 2022 high as Strait of Hormuz remains shut
Global oil prices reversed course on 30 April after Brent crude briefly reached $126.41 a barrel (bbl), its highest level …
-
BP signs MoU with Venezuela for Cocuina-Manakin gas project
BP has agreed to develop the Cocuina-Manakin offshore gas field, which sits on the maritime border between Venezuela and Trinidad …
-
Top 20 themes shaping the oil and gas industry in 2026
In this report, GlobalData identifies the top 20 themes that will impact the oil and gas industry in 2026. For …
-
Goldman Sachs tops oil and gas M&A rankings by value in Q1 2026
Goldman Sachs and Evercore led the oil and gas mergers and acquisitions (M&A) advisory rankings in the first quarter of …
-
BW Offshore enters FPSO FEED deal with Equinor for Bay du Nord
BW Offshore has entered into a front-end engineering and design (FEED) agreement with Equinor for the Bay du Nord project …
