Oil and Gas
Geopolitical relief knocks oil prices down 3%.
U.S. and Iran prepare talks in Oman as market reacts to possible diplomatic detente.
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Latest Energy News
Oil and Gas
SLB to lead development of Mutriba field in Kuwait
Kuwait Oil Company commissions SLB to develop Mutriba, a complex reservoir with extreme conditions and high potential.
New Energies
Iberdrola and Norges Bank reach 1,500 MW of solar capacity
Two solar plants bring the renewable capacity in operation of the Iberdrola-Norges joint venture in Spain to 1,500 MW.
Oil and Gas
Phillips 66 beats forecasts and returns to positive territory thanks to improved margins
The level of capacity utilization remained close to the technical maximum, reflecting a stable operation.
Oil and Gas
PETRONAS secures long-term LNG supply with QatarEnergy
The agreement fixes stable volumes of liquefied natural gas for two decades and strengthens Malaysia's energy security.
Oil and Gas
Gulf stock markets rise on oil as Dubai records all-time highs
A survey showed that the UAE's non-oil private sector accelerated new business growth in January.
Downstream
Oil majors double down on West Africa offshore blocks
Chevron, TotalEnergies and Shell expand their footprint in deepwater Africa as new discoveries fuel the race to replace mature reserves.
Oil and Gas
U.S. refineries face Venezuelan crude oversupply
The increase in exports from Venezuela exceeds the purchasing capacity of U.S. refineries and forces the company to seek new markets.
Oil and Gas
USA oil production reopens in Venezuela
Washington will allow companies to operate Venezuelan oil fields under supervised financial control following the capture of former President Nicolás Maduro.
Oil and Gas
Marathon Petroleum boosts earnings after applying stronger refining margins
The increase in refining margins strengthened the quarterly results and the positive market reaction.
Energy's Industry Voices & Event Coverage
AMPP Annual Conference + Expo 2026 to be held in Houston this March
OSRL 2025 consolidates technical cooperation in spill preparedness
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