NEWS

Canadian energy producers are focusing more on natural gas as oil prices suffer the combined effects of the U.S. president’s tariff offensive against the world and OPEC+’s decision to change tack and boost output. The Western Canadian Select benchmark dived from about $59 per barrel at the […]

First it was grey, then it was blue, later it was green, now it’s white—these color codes for types of hydrogen depending on sourcing have seen a lot of hype in recent years. Grey hydrogen produced from fossil fuels and blue hydrogen produced from natural gas with […]

Amazon (NASDAQ:AMZN) and Nvidia (NASDAQ:NVDA) have said that all options, including oil and gas, are on the table as tech giants continue to grapple with surging power demand by AI workloads. Energy and tech executives have gathered at the Hamm Institute for American Energy in Oklahoma City […]

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.76 million barrels in the week ending April 25, after analysts had estimated a much smaller 390,000-barrel build. The API reported a 4.565 million barrel dip in the prior week. So far […]

Africa is set to play a pivotal role in the global gas industry in the coming years as the world’s liquefied natural gas (LNG) production capacity soars from 486 million tonnes per annum (Mtpa) last year to 755 Mtpa in 2030, according to Rystad Energy’s latest projections. […]

Azerbaijani media outlets are characterizing a recent visit to Baku by the EU’s top foreign policy official as a “landmark event” during which Brussels demonstrated a desire to “abandon previous stereotypes and recognize Azerbaijan as a key partner.” Kaja Kallas, the EU’s High Representative for Foreign Affairs […]

ADNOC sold debt compliant with Islamic rules for the first time as the state producer works to diversify funding.

The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3,000 barrels of oil equivalent (boepd).

'This underpins our confidence in meeting our net debt target of $14-18 billion by the end of 2027'.

TechnipFMC posted $2.23 billion in revenue for the first quarter.

Matador posted $240.1 million in net profit for Q1 2025, up 24 percent from the $193.7 million logged for Q1 2024.