Azerbaijan’s state oil and gas company, SOCAR, has agreed to acquire assets from Comstock for $1.65 billion, which includes a 20% stake in legacy Haynesville assets and a 15% stake in both Western ...

Wood Mackenzie warns that approximately 20% of global refining capacity faces increasing closure risk as refined-product demand is forecast to peak at 108 million barrels per day in 2032, up from 105 ...

TA’ZIZ secured US$1.4 billion (AED 5.1 billion) in financing for its chemicals export terminal and ammonia plant in Ruwais, Abu Dhabi. The terminal received over US$928 million, while the 1 million ...

Aliko Dangote launched a US$2.5 billion fuel storage and pipeline project in Walvis Bay, Namibia, attended by President Netumbo Nandi-Ndaitwah. The tank farm will have 600 million litres ...

Zeeco and Tobe Energy have broken ground on a new demonstration facility at Zeeco’s Advanced Research Complex (ARC) in Broken Arrow, Oklahoma, marking the next stage of their partnership to advance ...

The ARA barge freight market showed its first real softening in weeks. After a long run of rising rates, both product segments eased on Tuesday. The rest of the week brought only small, selective ...

Mitsubishi Corporation agreed to sell a 49.9% stake in its LNG Canada holding subsidiary to an investor group led by Blackstone Credit & Insurance, while retaining 50.1% control. Mitsubishi values the ...

Brazilian state-owned oil company Petrobras reported third-quarter 2026 oil, gas and natural gas liquids production of 3.51 million barrels of oil equivalent per day (boe/d), up 11.7% year-on-year and ...

According to Law Commentary, President Trump has invoked the Defense Production Act to direct up to $150 million toward U.S. oil refineries and petroleum infrastructure as national average gasoline ...

Woodside has signed a 20-year sale and purchase agreement with QatarEnergy for the supply of up to 3 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from its Louisiana LNG Project in ...

Mercuria Energy Group has announced the establishment of Signar Energy S.A.U. to manage Shell-branded downstream operations in Argentina, previously operated by Raizen. The newly established company ...

Energy Transfer has approved a final investment decision for the $1.6 billion South Mississippi Pipeline Project, set to construct a 215-mile pipeline capable of transporting 1.2 billion cubic feet of ...