Market-moving news and intelligence across global energy markets.
Magnolia Oil & Gas expands its South Texas footprint, acquiring WildFire Energy for $4.06 billion, boosting oil production and Giddings field acreage.
Indonesia has restarted the Tuna gas field project in the North Natuna Sea, testing Jakarta's resolve in a disputed area with China and involving a Russian
Oil prices surge over 4% to six-week highs as escalating US-Iran hostilities and Houthi threats disrupt key Middle East transit routes, impacting global su
Houthi threats of a naval blockade on Saudi Arabia forced two crude tankers bound for Asia to reverse course in the Red Sea, escalating Middle East conflic
Abu Dhabi National Oil Company (ADNOC) and partners commit $6.2 billion to develop the Umm Shaif Gas Cap, boosting UAE's gas supply by 10% by 2030.
European natural gas prices have surged to €60/MWh, driven by renewed US-Iran hostilities disrupting LNG flows and leaving EU gas storage significantly bel
ADNOC and its international partners have approved a $6.2 billion final investment decision for the Umm Shaif Gas Cap project, boosting UAE's gas output.
Magnolia Oil & Gas acquires WildFire Energy for $4.06 billion, significantly expanding its South Texas Eagle Ford/Austin Chalk position and production.
West African leaders have officially backed the $25 billion Nigeria-Morocco Gas Pipeline, a 6,800 km project set to transport gas to Europe, boosting regio
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