(World Oil) – Transocean Ltd. has agreed to acquire offshore driller Valaris Ltd. in an all-stock transaction valued…
(Investing) – LONDON – Oil prices were stable on Monday after the U.S. and Iran pledged to…
(Oil Price) – The Namibian government will not recognize an asset acquisition deal involving TotalEnergies and Petrobras…
Brent Crude Oil
Price: $61.39 per barrel
Currency: USD
Last Updated: 2025-05-03 20:09 UTC
around the World
Meta’s agreements with Vistra, TerraPower, and Oklo could unlock up to 6.6 GW of nuclear capacity by 2035, linking corporate energy procurement directly to AI expansion. Deals include 20 year power purchases,…
£600m ($744M) investment targets large scale sustainable aviation fuel production aligned with UK decarbonisation policy. Facility aims to produce 80,000 tonnes of SAF annually using waste CO₂ and green hydrogen via Power…
3.03 million verified carbon removal credits issued under Verra’s VM0042 methodology, the largest soil carbon issuance to date Project spans 4 million acres across northern Mexico, linking regenerative grazing with biodiversity restoration…
Brent vs WTI
(BOE Report) – Top business leaders urged the European Union on Wednesday to act urgently to bring down energy prices, saying…
U.S. Secretary of Energy Chris Wright arrived in Caracas earlier this morning to advance President Trump’s mission to restore prosperity, safety,…
(Investing) – LONDON – OPEC on Wednesday forecast world oil demand from the OPEC+ group will drop by 400,000 barrels per…
OPEC Announcements
Japan’s Tokyo Electric Power Company (TEPCO) has restarted Unit 6 of the Kashiwazaki-Kariwa nuclear power…
India’s government has asked refiners to consider buying more crude cargoes from the U.S. and…
Syria expects to award oil and gas exploration licenses to major international oil firms as…
Russia’s biggest LNG producer and exporter, Novatek, reported on Wednesday a 60% slump in its…
Fourth-quarter earnings at French supermajor TotalEnergies (NYSE: TTE) fell by 13% from a year earlier…
U.S. Energy Policy
North America
(WO) – Harbour Energy has completed its $3.2-billion acquisition of LLOG Exploration Company LLC, marking the company’s strategic entry into the U.S. Gulf of America and establishing a new core business unit within its global portfolio. Image: LLOG Exploration The acquisition provides Harbour with a fully operated, oil-weighted…
Asia & China
(Oil Price) – The Trump Administration has further eased the sanctions on Venezuela’s oil industry by allowing U.S. firms to provide services and technology for hydrocarbon exploration…
(BOE Report) – Top business leaders urged the European Union on Wednesday to act urgently to bring down energy prices, saying that was key…