(World Oil) – Buccaneer Energy has completed a pilot program testing organic oil recovery (OOR) technology at…
(Investing) – Natural gas prices have dropped sharply this month, a move Morgan Stanley links to…
(Oil Price) – Venezuela’s oil sales, under the control of the United States for five weeks now,…
Brent Crude Oil
Price: $61.39 per barrel
Currency: USD
Last Updated: 2025-05-03 20:09 UTC
around the World
$689 million financing package supports three U.S. solar and battery storage projects across New Mexico, Texas, and Utah. Backing from MUFG and CIBC reflects strong lender confidence in contracted renewable assets and…
Global Energy Alliance for People and Planet aims to raise $100 million by 2028 to modernise India’s electricity grids. Digitisation supports India’s 500 GW non-fossil capacity goal and emissions-intensity reduction target. Multilateral…
Five-year agreement will expand sustainable aviation fuel availability across more than 100 airports in the UK and Europe. Partnership supports compliance with ReFuelEU Aviation Regulation and the UK SAF mandate as blending…
Brent vs WTI
(WO) – Valaris has secured new contracts and extensions totaling nearly $900 million in additional backlog since its last fleet update…
The Trump administration’s primary interest in Greenland is on national security, not the development of its rare earths or energy resources,…
(World Oil) – Eni has announced a significant gas and condensate discovery offshore Côte d’Ivoire with the Murene South-1X exploration well in…
OPEC Announcements
Giant oil and commodity traders, including Vitol and Trafigura, alongside French Oil & Gas multinational…
Iran and Russia are strengthening their economic and energy cooperation and consider joint development of…
Nigeria’s struggles to pump to its OPEC+ quota over the past year have resulted in…
Big Tech is considering supporting new uranium mining projects as companies need additional reliable power…
The United States has threatened, once again, to quit the International Energy Agency (IEA) if…
U.S. Energy Policy
North America
(WO) — SM Energy has entered into an agreement to sell certain South Texas assets to Caturus Energy (formerly Kimmeridge Texas Gas) for $950 million in cash, advancing the company’s effort to streamline its portfolio and reduce debt. The transaction includes approximately 61,000 net acres and about 260 producing wells…
Asia & China
(Oil & Gas 360) – Hosted by Shell and held in partnership with Moeve, Fluor, Gasunie, The International Association of Oil & Gas Producers, Repsol,…
(WO) – Valaris has secured new contracts and extensions totaling nearly $900 million in additional backlog since its last fleet update in October 2025,…