Oil and Gas
Oil prices fall due to Iran and OPEC+ supply increase
Oil prices fall due to the rapprochement between the US and Iran and the increase in supply from OPEC+.
Latest Oil and Gas News
Oil and Gas
NNPC opens new tender for Cawthorne and Bonny Light crude oil in Nigeria
NNPC launched a new bidding process to sell cargoes of Cawthorne and Bonny Light as part of its crude oil export strategy.
Oil and Gas
Rosebank project regains momentum as Deepsea Atlantic returns
The Rosebank project regains momentum with the return of the Deepsea Atlantic, although the BOP incident could delay its offshore development.
Midstream
Iraq-Turkey Pipeline regains strategic relevance with new energy agreement
The Iraq-Turkey Pipeline has regained strategic relevance following a new agreement between Iraq and Turkey that ensures the continued operation of one of the…
Oil and Gas
Shell’s profit increases 97% driven by rising oil prices
Shell doubled its half-year profit thanks to higher oil and gas prices during 2026.
Oil and Gas
Eni Boosts Production and Accelerates Energy Projects
Eni closed the second quarter of 2026 with double-digit production growth, higher profits, and further progress on projects in oil, gas, biofuels, and renewable…
Oil and Gas
Vallourec will supply pipes to the Atapu 2 offshore project in Brazil
Vallourec will supply the Atapu 2 project with seamless pipes and thermal insulation for the offshore infrastructure operated by Petrobras.
Oil and Gas
Saipem secures $260M contract with Eni in Ivory Coast
The West African offshore market continues to establish itself as one of the primary destinations for seventh-generation drilling rigs
Oil and Gas
US Gasoline Price Surpasses $4 Amid Iran Tensions
The increase in gasoline prices in the United States reflects the impact of geopolitical tensions on the global oil market.
Oil and Gas
U.S. LNG is emerging as its second-largest export industry
U.S. LNG is growing faster than expected and could become the second-largest U.S. net export industry by 2031
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