ADNOC signs 15-year LNG supply deal with IndianOil
ADNOC announced a 15-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India’s largest integrated…
Santos Shares Rise as First-Half Earnings Beat Estimates
(Bloomberg) — Santos Ltd. shares rose after the Australian oil and gas producer reported earnings that beat expectations,…
Macquarie Hires Equinor’s Ravelli as Global Head of LNG
(Bloomberg) — Macquarie Group Ltd. has hired Samuele Ravelli to lead its global LNG trading business as the…
EU Fails in Bid to Add Joint Debt to Key Sovereign Index
(Bloomberg) — Intercontinental Exchange Inc. will not add European Union joint debt to its sovereign bond indexes in…
Treasuries Edge Higher, Asian Shares Rise on Japan: Markets
(Bloomberg) — Treasuries edged up to recover some of their losses from a higher US inflation print, which…
Brent Crude Jumps Above $72 Per Barrel on Trade Optimism
By Dipo Olowookere Investors were swayed to sustain their appetite for the equity market on Tuesday as a…
Australia Urged to Rein In Gas Exports as Supply Crunch
(Bloomberg) — A new report linking Australia’s liquefied natural gas export boom to surging local energy prices is…
Woodside takes over operatorship of Bass Strait assets from
Woodside Energy has formally taken over as operator of the key Bass Strait oil and gas assets previously…
Oil Extends Gain on US Trade Deal Optimism, Diesel Tightness
(Bloomberg) — Oil fell as the dollar strengthened and conviction waned that the US will reach agreements with…
Crude Oil Prices Rise on Supply Concerns, US Inventories Drop
By Adedapo Adesanya The Lagos Chamber of Commerce and Industry (LCCI) has suggested a tweak to Nigeria’s foreign…
Woodside beats revenue forecasts despite hydrogen project
Australia’s Woodside Energy reported stronger-than-expected second-quarter results on Wednesday, with revenue rising 8% to $3.28 billion, driven by…
Baker Hughes exceeds earnings expectations in second quarter
Baker Hughes exceeded Wall Street profit forecasts for the second quarter, driven by strong demand for natural gas…