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OEUK Says Market Needs Firm Date for North Sea Tax Plan

8 September 2026, 9:42am
Industry body Offshore Energies UK said the industry urgently needs a firm date for HM Treasury's North Sea tax plan.
Read more... (source: www.rigzone.com)

Gazprom Boss Says Russia, Partners Have Enough Winter Gas

8 September 2026, 7:12am
Alexey Miller, chair of the state-owned company's management committee, said Russia's underground gas storage inventories will reach a new all-time high this year.
Read more... (source: www.rigzone.com)

Eni, Petronas to Jointly Explore High-Performance Biofuels

8 September 2026, 6:30am
The Italian and Malaysian energy majors - partners with F1 teams - signed a collaboration agreement to test newer processes to produce biofuels for high-performance deployment.
Read more... (source: www.rigzone.com)

China Buying More Oil despite Higher Prices

8 September 2026, 6:30am
Undeterred by higher prices, importers shipped in 37.9 million tons last month, 6.2 percent more than in July, according to customs data.
Read more... (source: www.rigzone.com)

Goldman Flags Risk of $120 Oil

7 September 2026, 8:00pm
Oil may rally to as much as $120 a barrel if attacks on shipping in the Middle East increase, according to Goldman Sachs Group Inc.
Read more... (source: www.rigzone.com)

Williams Completes $5.5B Momentum Acquisition

7 September 2026, 2:43pm
'With the acquisition now complete, Williams has established a premier Haynesville position that strengthens our ability to serve rapidly growing LNG, power and industrial demand along the Gulf Coast'.
Read more... (source: www.rigzone.com)

Venezuela OPEC Exit 'Structurally Likely'

7 September 2026, 2:35pm
Venezuela's exit from the OPEC group is 'structurally likely' but not for now, Kpler Senior Commodity Analyst Homayoun Falakshahi outlined in a market update.
Read more... (source: www.rigzone.com)

GeoPark Enters Venezuela via Gilinski Partnership

7 September 2026, 2:05pm
GeoPark expects net production of about 400 million barrels from the redevelopment of the Bare Block, which currently produces around 11,000 barrels per day gross.
Read more... (source: www.rigzone.com)

Ukraine Restarts Attacks on Refineries Deep Inside Russia

7 September 2026, 2:00pm
Ukraine says it hit oil processing plants in Russia's Perm region and Tatarstan overnight.
Read more... (source: www.rigzone.com)

Dorian LPG Orders 3 New Vessels from Hanwha Ocean

7 September 2026, 1:09pm
The South Korean shipbuilder will deliver the dual-fuel Panamax VLGCs in 2030.
Read more... (source: www.rigzone.com)

USA-VEN Oil Deal Not a Near Term SPR Filler

7 September 2026, 11:25am
The U.S.-Venezuela oil deal is a long-term project, not a near-term U.S. Strategic Petroleum Reserve filler, Emily Ashford, Standard Chartered Bank's Head of Energy Research, said.
Read more... (source: www.rigzone.com)

ExxonMobil to Acquire Papua LNG Operatorship from TotalEnergies

7 September 2026, 10:22am
TotalEnergies said the transfer, which also involves a farm-down by the French majority owner, will help bring the project closer to a final investment decision.
Read more... (source: www.rigzone.com)

OPEC+ 7 Reveal October Output Plan

7 September 2026, 9:03am
A statement posted on OPEC's website on Sunday revealed Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman's production plan for October.
Read more... (source: www.rigzone.com)

Iran, Oman Close In on Hormuz Deal

7 September 2026, 9:00am
The agreement, which the two countries have been negotiating for weeks, is in the final stages and will include details on a temporary safe route through the crucial waterway, Foreign Ministry Spokesman Esmail Baghaei told reporters.
Read more... (source: www.rigzone.com)

Equinor Starts Up 100 MW Energy Storage Project in Texas

6 September 2026, 11:00am
Equinor said the 200-mWh Citrus Flatts battery energy storage facility in Harlingen, Texas is now online.
Read more... (source: www.rigzone.com)

Russia's Oil Revenue Sinks to 6 Month Low

5 September 2026, 12:00pm
Russia's oil revenue slumped to a six-month low in August.
Read more... (source: www.rigzone.com)

Oil Holds Gains

4 September 2026, 8:06pm
Oil ended a volatile week 9.7% higher as renewed US-Iran fighting kept Hormuz supply risks elevated.
Read more... (source: www.rigzone.com)

USA Retail Diesel Hits Record

4 September 2026, 8:00pm
U.S. retail diesel rose to a record.
Read more... (source: www.rigzone.com)

USA Crude Oil Stocks Drop Week on Week

4 September 2026, 2:57pm
Crude oil stocks, not including the SPR, stood at 424.5 million barrels on August 28, the EIA's latest weekly petroleum status report showed.
Read more... (source: www.rigzone.com)

Eni Finalizes Venezuelan Deal for 35Bbbl Field

4 September 2026, 2:24pm
Eni secured a 25-year agreement with state-owned PdVSA to relaunch activities at the Junin-5 heavy oilfield in the Orinoco Belt.
Read more... (source: www.rigzone.com)

Elevated crack spreads and crude oil prices contribute to higher prices at the pump

4 September 2026, 2:00pm
What are crack spreads and why are they elevated? Crack spreads are indicators of the profitability of refining crude oil into petroleum products such as gasoline and diesel. One common crack spread is calculated by subtracting the spot market price of a gallon of crude oil from the wholesale price of a gallon of refined product. Since May, the gasoline crack spread in New York Harbor has averaged about $1 per gallon (gal) higher than in 2025, when the crack spread peaked around 60 cents/gal. Gasoline crack spreads are elevated primarily because of tight gasoline supplies globally.
Read more... (source: www.eia.gov)

Weekly average load in ERCOT continues near record high

3 September 2026, 2:00pm
Sustained high temperatures have contributed to persistently high electricity demand in the Electric Reliability Council of Texas (ERCOT), the regional transmission organization for most of the state.
Read more... (source: www.eia.gov)

U.S. LNG exports rose 23% in the first half of 2026 because of higher capacity

1 September 2026, 2:00pm
U.S. liquefied natural gas (LNG) exports averaged 17.4 billion cubic feet per day (Bcf/d) in the first six months of the year, 23% more than the same period in 2025, according to our Natural Gas Monthly. In our latest Short-Term Energy Outlook, we estimate U.S. LNG exports will average 17.3 Bcf/d in the second half of 2026 (2H26) before rising to 18.7 Bcf/d in 1H27.
Read more... (source: www.eia.gov)