Danaos to invest $50m in Alaska LNG, signs fleet deal
Danaos Corporation, one of the world’s largest independent container ship owners, has announced a $50m investment in the 20 million tonnes per annum Alaska LNG project. The investment will be…
Venezuela Moves to Rewrite Oil Law as PDVSA’s Corruption Hangover Lingers
Venezuela is moving to formalize oil-sector reforms that would expand partnership-style contracts and loosen PDVSA’s control over new investment, according to comments from the country’s top lawmaker on Tuesday. On…
Brent and WTI Climb as Tariff Threats and Kazakh Disruptions Rattle Markets
Oil prices crept higher on Tuesday, with Brent and WTI both climbing as traders weighed a messy mix of geopolitics, supply disruptions, and macro tailwinds that all pointed in the…
Oil Prices Slip as Traders Look Past Kazakhstan Disruption
Oil prices fell in early Asian trading on Wednesday, with traders shifting focus away from what will likely be a short-lived supply disruption in Kazakhstan and back toward the prospect…
HSBC Thinks BP Could Accentuate Shift Back to Oil Under New CEO
In a research note sent to Rigzone by the HSBC team this week, HSBC analysts, including Kim Fustier, HSBC’s Senior Global Oil and Gas Analyst, said they think BP “could…
Europe tech scale-up fund targets €5bn investment
A European tech scale-up fund which aims to champion new firms globally and targets €5bn in investment was officially launched at Davos 2026 today. The fund is being launched by…
Perpetual Next to build three US biomethanol plants
Biocommodity production business Perpetual Next USA is to develop three biomass-to-biomethanol production facilities in the southeast of the US, with development set to begin this year. Each of the sites…
Natural Gas Prices Surge 23% on Cold Shock and Short Covering
U.S. natural gas prices surged sharply on Tuesday, posting one of the largest single-day gains seen this winter as the market quickly repriced near-term supply risk. Front-month Henry Hub futures…
OPEC’s Smallest Producer Seeks Prepaid Oil and Gas Deals with Traders
Equatorial Guinea is looking to strike prepaid oil and LNG delivery deals with commodity traders as OPEC’s smallest oil producer needs money to maintain operating fields and revive its upstream…
Pakistan State Firm Announces New Oil and Gas Discovery
Pakistan’s state-owned Oil and Gas Development Company Limited (OGDCL) on Tuesday said it had made an oil and gas discovery at its exploratory well Baragzai X-01 in the Khyber Pakhtunkhwa…
