Inpex, a Japanese company, will buy a stake in the Australian Browse gasfield from PetroChina
Inpex, a Japanese company, announced on Friday that it would buy PetroChina's 10% share in the Browse gas field offshore of Western Australia. This is the largest undeveloped gas resource for the country.
Sources say that BP is considering selling some Egyptian gas assets
Four people close to the matter have confirmed that BP may sell some of its natural gas assets located in Egypt. This is as Meg O'Neill, the new CEO, restructures BP to reduce…
Caturus will start construction on a major US LNG plant after receiving $9.75 billion
Mubadala Energy announced on Friday that Caturus, a U.S. company, has given the green light to build a huge liquified natural gas (LNG), facility in Cameron Parish, Louisiana…
Sheinbaum: Pemex CEO Rodriguez to leave
Claudia Sheinbaum, the Mexican President, announced on Thursday that Pemex's CEO Victor Rodriguez will be stepping down. She said that she is nominating?Juan Carlos Carpio to replace him.
The Australian union has announced that some workers will begin a strike at Woodside's LNG facilities
The Offshore Alliance workers' union announced on Friday that some workers at Woodside Energy’s?Karratha liquefied natural gas /plant in Western Australia and its?Pluto gas?plant…
EagleRock Land shares soar to $3 billion in value as they debut on the NYSE
EagleRock Land shares rose 24.3% on their New York Stock Exchange debut, valued at $2.99 billion. Stocks of the Houston-based company opened at $23 each, as opposed to the $18.50 offered price.
Zambia relaxes export ban on sulphuric acids to Congo, Minister says
Zambia's Trade Minister said that the country has eased restrictions on the mining ingredient. About 2 million metric tonnes of sulphuric acids are produced by Zambia's smelters each year.
Angola wants to maintain oil production over the next year, says minister
Angola's oil and minerals minister stated on Thursday that it aims to maintain its oil production?steady in the coming year. He added that the higher prices of its crude exports…
The final day of talks to avoid a strike at Inpex’s Australia LNG Plant
The talks to avoid industrial action at Inpex’s Ichthys facility for liquefied natural gas in Australia are entering their 'final day' on Friday. Unions have warned they will…
Sinopec, a Chinese company, has a major reserve of ultra-deep shale gases.
Sinopec, the Chinese oil major, said it has?booked large?proven?reserves of gas in its ultra-deep Ziyang Dongfeng?shale gas?field. The company said it has received official…
EagleRock, a land management company, raises $320 million through its US IPO
EagleRock, an American land and resource management firm that collects royalties and fees for oil and gas production in the Permian basin on the lands it controls, raised $320.1…
US upstream oil & gas deals hit a two-year high during Q1 2026
Enverus, a firm that provides analytics, reported on Wednesday that the amount of deals in the U.S. oil and gas sector upstream jumped to $38 billion during the first quarter this year.
BP will meet with union leaders for Whiting refinery talks next week
BP and the United Steelworkers union announced on Wednesday that they will be meeting with 'union leaders' on Monday in order to re-start contract negotiations at their oil refinery in Whiting, Indiana.
Pemex confirms death in Oaxaca refinery explosion of injured worker
Pemex released a statement Wednesday confirming that a Pemex worker injured in the explosion at Oaxaca refinery in 'the Port of 'Salina Cruz, died Tuesday night while being treated on his way to hospital.
Fervo Energy is valued at $10.21 Billion in Nasdaq debut
Fervo Energy's shares rose 33.3% on Wednesday in its Nasdaq debut, giving the geothermal energy developer a value of $10.21 Billion. The Houston-based company's shares opened at 36 dollars…
OPEC reduces 2026 forecast for global oil demand growth
OPEC lowered on Wednesday its forecast of global oil demand growth for 2026. It joined other forecasters, such as the International Energy Agency, in lowering expectations due to Iran's war.
Serbia is not satisfied with MOL's proposal for NIS oil company
Belgrade was not happy with the revised proposal made by Hungary's MOL regarding its purchase of a majority share in Serbia's oil company NIS, said the country's energy minister on Wednesday.
Inpex, Japan's oil company, raises its full-year profit estimate as oil prices rise
Inpex, Japan's largest oil and gas exploration company, raised its net profit forecast for the full year on Wednesday. It cited higher than expected crude oil prices as well…
Copper prices rise as investors purchase over concerns about supply
On 'Wednesday, copper reached a new three-month-high as investors bought on future supply concerns. Middle East uncertainty kept oil prices high and higher than expected U.S.
Europe's first-quarter earnings are a mixed bag for consumers and growth.
A majority of European companies have reported their first-quarter earnings. As a result, the corporate profits will rise faster than ever in three years. This is due to strong…
