Oil & Gas Industry News

Big Oil reaped more than $50 billion in windfall profits.

Oil climbed as traders gauged Washington's appetite for renewed military escalation against Iran.

'An underwater remotely operated vehicle has located the bodies of three individuals', Borr Drilling revealed.

The UK's Autumn Budget was described by global chemical company Ineos as 'a major missed opportunity to save British manufacturing'.

Oil fluctuated in a choppy session as traders weighed conflicting signals on the direction of U.S. military strategy in Iran.

There's a 66 percent chance that Democrats 'sweep' the midterms, according to Polymarket's website.

The 2026 UK Budget delivered by UK Chancellor of the Exchequer John Healey on Wednesday 'missed bigger opportunities', industry body Offshore Energies UK said.

Oil rose as traders weighed whether the U.S. and Israel would resume military strikes on Iran.

'Short-term pain, right, for long-term gain. You're going to see very soon', Trump said at a rally in Corpus Christi.

The Energy Institute announced that it has kicked off a new industry program 'to tackle barriers to AI adoption in energy'.

Saudi Arabia's oil exports are holding near wartime highs this month despite a wave of attacks on the kingdom's energy infrastructure, according to preliminary data from ship-tracking firms.

The deal will create America's 'leading natural gas company with a pro forma enterprise value over $50 billion', a joint statement outlined.

Energy markets remain on edge ahead of the U.S. midterm elections, Macquarie strategists said.

Oil dipped as traders weighed moves to de-escalate tensions in the Persian Gulf and awaited the outcome of consequential elections.

ADNOC announced that it has 'unlock[ed]' over AED 60 billion ($16.3 billion) in UAE manufacturing opportunities and 'transform[ed]...' how suppliers access and compete for its business.

'Is this simply the price of geopolitical risk or is something else influencing the value of oil?' analysts at J.P. Morgan asked.

'At the time of the incident, there were 115 personnel onboard the rig', Borr Drilling revealed.

Oil retreated from a six-month high as senior officials from several countries flew to Tehran.

North America added three rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Indian refiners are increasingly turning to Persian Gulf crude and pulling back from their mainstay supplier Russia.