Saudi, US Firms to Partner on Northeast Syria Energy Project

By [image] Saudi, US firms to explore oil and gas in northeast Syria Project follows Assad’s ousting, lifting of US sanctions Consortium includes Baker Hughes, Hunt Energy, ACWA Power, TAQA,…

Chevron Buys West Texas Ranch in ‘Zombie’ Oil Well Settlement

By and Chevron Corp. acquired a ranch in West Texas whose owner had been waging a legal battle accusing the US energy giant of negligently spilling toxic water and crude…

BP’s Buyback Cut is Short-Term Pain That Could Be Shell’s Gain: Bousso

(Reuters) – BP’s decision to scrap buybacks may be painful in the short run, but by prioritising production growth over shareholder payouts it can begin to repair its shaky financial…

Queensland Opens Up Australia’s First Major New Oil Province in 50 Years

The Queensland government has appointed its preferred tenderers to explore for oil and gas in the Taroom Trough, in a move to potentially open Australia’s first new major hydrocarbon province…

BP Suspends Buybacks to Strengthen Balance Sheet

BP (NYSE: BP) is suspending share buybacks and retiring the goal to return 30-40% of operating cash flow to shareholders, as the supermajor looks to strengthen its balance sheet amid…

Britain Bets Big on Renewables with Record Solar and Onshore Wind Awards

The UK continues to bet big on renewables, aiming for a 95% clean electricity supply, and has awarded a record volume of solar and onshore wind capacity in its latest…

China’s LNG Imports Are Poised for a Rebound This Year

China’s LNG imports are set to rebound this year, rising by between 3% and 10% from 2025, driven by lower prices that are expected with the new supply wave, analysts…

Oil Gains as Traders Weigh Supply Risks Linked to US–Iran Tensions

(Reuters) – Oil prices edged up on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz kept attention squarely on tensions…