Industry & Analysis
News
September 01, 2025
Nigeria has set a lower threshold by which oil companies can recover their expenses as it seeks to boost government revenue amid lower crude oil prices threatening to widen the budget deficit in the West African nation.
News
September 01, 2025
Voters in Guyana headed to the polls to decide whether to reelect President Irfaan Ali or back rivals pledging to squeeze more wealth from ExxonMobil’s offshore oil fields, even as troops came under fire from across the Venezuelan border.
News
September 01, 2025
Oil traders expect OPEC+ to hold crude production steady when it meets this weekend, as the group pauses after a series of accelerated supply increases.
News
August 29, 2025
Argent LNG has formally submitted its Letter of Intent (LOI) and Preliminary Waterway Suitability Assessment (PWSA) to the U.S. Coast Guard, marking a key milestone in the advancement of its flagship LNG export terminal at Port Fourchon, Louisiana.
News
August 29, 2025
Kazakhstan is preparing to channel some of its national wealth into artificial intelligence infrastructure, joining a global rush where venture capital firms and energy-rich states are betting billions on the sector despite volatility and surging valuations.
News
August 28, 2025
Alberta is projecting a wider deficit for the current fiscal year as oil prices fall, denting a key source of revenue for Canada’s top energy-producing province.
News
August 28, 2025
ExxonMobil said net zero goals for the global energy sector are likely to drift further beyond 2050 due to consumers pushing back against high costs and a revival in demand for coal, the most polluting fossil fuel.
News
August 26, 2025
U.S. President Trump reiterated his opposition to wind power in a Tuesday cabinet meeting, as his administration has in recent weeks moved more aggressively to restrict projects by blocking approvals, halting construction and invalidating necessary permits.
News
August 22, 2025
Woodside has won a favorable decision from the Federal Court confirming the validity of the Scarborough Operations Environmental Plan, the final environmental approval required for Woodside to connect, commission and operate the Scarborough FPU.
News
August 22, 2025
After the U.S. Department of the Interior ordered all work on the Revolution Wind project to stop on Friday, National Ocean Industries Association (NOIA) President Erik Milito spoke out against the decision, calling it detrimental to the U.S.'s offshore energy supply chain.
News
August 22, 2025
The Trump administration is withholding approval for several Western oil majors seeking to operate in Venezuela, ramping up pressure on Nicolás Maduro’s government even as Chevron is allowed to work there, according to people familiar with the matter.
News
August 20, 2025
The Railroad Commission of Texas assessed over $3.5 million in enforcement docket fines against oil and gas operators and businesses at the Commissioners’ open meeting on Tuesday.
News
August 20, 2025
A new study by the Brazilian Institute of Oil and Gas (IBP) highlights the oil and gas sector’s importance in financing public policies in Brazil, with analysis showing over BRL 325 billion ($59 billion USD) generated in 2023 for local governments.
News
August 20, 2025
The U.S. Interior Department on Tuesday released its offshore leasing schedule under Trump's One Big Beautiful Bill, garnering support from several energy sector agencies.
News
August 20, 2025
Russia expects India to continue buying its oil, a senior official said, even as the South Asian nation faces higher U.S. tariffs and harsh criticism from Trump administration officials for the trade.
News
August 19, 2025
According to a new Rystad Energy report, Brent oil prices have shifted very little over the last two weeks, staying in the range of $65 to $66 per barrel. The Russia-Ukraine peace talks loom large, with bearish sentiment winning out in anticipation of Russian barrels making a return to global markets.
News
August 19, 2025
Liquefied natural gas demand and prices are both set to rise through the end of this year, according to Woodside Energy Group Ltd., Australia’s biggest producer of the fuel.
News
August 19, 2025
Tullow Oil is in talks with its bondholders about refinancing a nearly $1.3 billion bond due next year, as the imminent maturity adds to pressure on the Africa-focused oil explorer.
News
August 18, 2025
Oil rose Monday as U.S. President Donald Trump’s meeting with Ukrainian President Volodymyr Zelenskiy tempered expectations that a resolution to the conflict with Russia will be reached quickly. Talks of a Ukraine war resolution have caused recent market uncertainty, with oil trading in a narrow range.
News
August 18, 2025
Brazilian oil company Prio said Monday that the local regulator, ANP, has mandated a production halt at the Peregrino FPSO due to necessary improvements in risk management documentation and adjustments to the deluge system, according to a Reuters report.
News
August 18, 2025
Shares of Raízen SA soared on Monday, posting their biggest intra-day gain on record, after the newspaper O Globo reported that state-controlled oil producer Petrobras is considering investing in the sugar and ethanol producer.
