Oil Prices Rebound After a Sharp Selloff
Oil prices rebounded in early Asian trading on Monday, recovering from sharp losses in the previous session as investors grew cautiously optimistic that potential talks between President Trump and President…
A lasting Middle East peace should create industrial gas opportunity
The Middle East ceasefire and release of hostages today (13 October) present new opportunities for Israel, Gaza and the broader region following the two-year war. Speaking aboard Air Force One…
ADNOC Gas Sees LNG Glut as the Spark for Lasting Demand
The world’s next liquefied natural gas (LNG) boom is already priced in—but according to Adnoc Gas CEO Fatema Al Nuaimi, the coming wave of supply won’t crush the market. It…
China Vows to Protect Its Firms amid Fresh US Oil Sanctions Barrage
China vowed on Friday to protect the rights and interests of Chinese companies after the U.S. unleashed on Thursday a new sanctions package on Chinese entities for importing crude oil…
Melbana Raises Prospective Resources for Aussie Permit in Timor Sea
Advanced geological analysis has increased prospective oil and gas resource estimates for the AC/P70 license in the Timor Sea off northwestern Australia, 100 percent owner Melbana Energy Ltd said. Prospective…
Baytex Considers $3B Eagle Ford Asset Sale
Baytex Energy Corp. is reportedly testing the waters for a $3 billion sale of its U.S. assets, Bloomberg said Thursday, citing people familiar with the matter. The Calgary-based producer is…
Maduro Offered Venezuela’s Oil to Trump to Avoid Conflict with U.S.
The administration of Venezuelan leader Nicolás Maduro has offered to open up Venezuela’s oil and gold projects to U.S. companies in an attempt to appease the Trump Administration and avoid…
Europe’s Natural Gas Futures Draw Record Open Interest
Total open interest in Europe’s benchmark gas futures surged to a record high this week, exchange data compiled by Bloomberg showed on Friday, in a sign that the lull in…
Petronas Dividend for Malaysia Set to Sink as Oil Prices Decline
The contribution of national energy giant Petronas to Malaysia’s budget is expected to crash by 38% next year, to the lowest level since 2017, amid falling oil prices. Petronas is…
Repsol Pioneers 100% Renewable Gasoline Production in Spain
Spanish energy company Repsol announced it has achieved industrial-scale production of gasoline derived from 100% renewable sources at its complex in Tarragona, Spain, according to a company press release. The…
