ADNOC Wins Another Long-Term LNG Deal with Indian Oil
Abu Dhabi National Oil Co. PJSC (ADNOC) said Wednesday it had signed an agreement to supply one million…
OPEC May Unwind 1.65MM Bpd of Cuts at Next Meeting, Analyst Warns
There is an increasing risk that OPEC+ will unwind the last 1.65 million barrels per day of cuts…
Equinor Makes New Oil and Gas Discovery Near Troll Field
Equinor ASA and its partners have struck an oil and gas discovery nine kilometers (5.59 miles) north of…
USA EIA Sees Production Outpacing Demand in 2025 and 2026
The U.S. Energy Information Administration (EIA) projected that world petroleum and other liquid fuels production will come in…
Matterhorn Partners Approve 2.5 Bcfd Permian-Gulf Coast Gas Pipeline
The Matterhorn Express Pipeline owners announced Monday a positive FID (final investment decision) for the Eiger Express Pipeline,…
Oil Rises on Fed Rate Cut Hopes
Oil rose after Federal Reserve Chair Jerome Powell signaled openness to an interest rate cut in September, countering…
Woodside Boosts Production in First Half
Woodside Energy Group Ltd. reported half-year production of 548 thousand barrels of oil equivalent per day (boepd), or…
ConocoPhillips Raises Offtake from Port Arthur LNG
ConocoPhillips has signed an agreement to buy four million metric tons per annum (MMtpa) over 20 years from…
Anaergia Expands Footprint in Spain
Anaergia Inc., through its Anaergia Srl unit, is expanding its presence in Spain following a binding agreement to…
Enstor to Acquire Black Bear Gas Pipeline System
Enstor Gas LLC has signed an agreement to buy the Black Bear natural gas pipeline system from Basalt…
Production in New Zealand’s Copper Moki Ramping Up after Recompletions
Wells CM-1 and CM-2 in the Copper Moki field in New Zealand’s Taranaki Basin are now producing a…
Strategists Forecast 8 Million Barrel USA Crude Inventory Draw
In an oil and gas report sent to Rigzone late Monday by the Macquarie team, Macquarie strategists revealed…