CONFIRMED: Devon, Coterra Merge to Create U.S. Shale Giant in $58 Billion Deal
Devon, Coterra merge to create U.S. shale giant in $58 billion deal Feb 2 (Reuters) – Devon Energy and Coterra Energy on Monday decided to merge in a $58 billion all-stock deal,…
Two Things OPEC+ Can’t Control. Trump and China Imports: Russell
Reuters There are two factors that are largely beyond the control of OPEC+ and they are likely to determine the price of crude oil in the coming weeks. Get the…
BP’s Whiting Refinery Union Workers Agree to 24-Hour Rolling Extension
United Steelworkers members at BP’s 440,000-barrel-per-day refinery in Whiting, Indiana agreed to a rolling 24-hour contract extension at the largest refinery in the U.S. Midwest, the company said in a…
Analysts Explain Energy ‘Bloodbath’
In a statement sent to Rigzone on Monday, Naeem Aslam, CIO of Zaye Capital Markets, said energy’s “bloodbath” today is a “classic risk-premium unwind”. “Trump’s ‘serious talks’ with Iran vaporized…
After Years Offline, Trinidad Looks to Indian Oil to Restart Refining
Trinidad and Tobago is once again trying to bring its long-idled one-and-only oil refinery back to life, but this time the government is talking to Indian Oil Corp about making…
OPEC+ Extends Output Pause Amid Glut Concerns
OPEC+ confirmed its plans to extend the pause on crude oil production hikes to March this year, citing “healthy oil market fundamentals as reflected in low inventories.” In a press…
Natural Gas Prices Plummet on Warmer February Forecast
Natural gas prices in the United States dropped by 17% in Asian trade on Monday, driven by forecasts for milder weather in the coming weeks. Data from the National Oceanic…
Iran Hopes Diplomacy Push Will Avert War With USA
Iran hopes that diplomatic efforts to avert a war with the US will bear fruit within days, the Islamic Republic’s foreign ministry said on Monday. Multiple countries in the Middle…


Libya Signals a New Gas Push as Europe Searches for Supply
Ørsted to Sell European Onshore Business for $1.7 Billion
Kuwait Seeks Foreign Majors’ Help to Develop Offshore Fields
Qatar Moves to Reclaim Japan’s LNG Market With Major Jera Deal
Devon, Coterra Sign ‘Blockbuster’ Merger Deal
EU set outs carbon removal standards for DACCS and BioCCS
Oil Steadies as Investors Weigh Supply, Possible US-Iran de-Escalation
COMMENTARY: A $47 Bln Deal Heralds US Oil Boom’s Middle Age
Marathon Petroleum Profit Beats as Margins Rebound From Multi-Year Lows
US-Driven Gas Turbine Crunch May Speed Global Clean Power Uptake








