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- 165articles · 30d
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- Aug 14, 2026earliest in window
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News
Indian Refiners in Panic Buying Mode
4+ week, 1+ day ago (450+ words) Indian state-owned refiners are rushing to procure spot crude unusually far in advance as Ukrainian attacks on Russian energy assets and a stalemate over the Strait of Hormuz make supplies increasingly uncertain. Processors, including Indian Oil Corp. and Hindustan Petroleum…...
SB Energy Files for IPO to Tap AI Power Thirst
1+ week, 4+ day ago (288+ words) SB Energy Corp., a power infrastructure firm backed by SoftBank Group Corp. and OpenAI, filed for a US initial public offering, becoming the latest company to seek to capitalize on the growing power demand for data centers. The Redwood City,…...
USA Crude Oil Stocks See Another Build
3+ week, 2+ day ago (1247+ words) U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 4.4 million barrels from the week ending August 7 to the week ending August 14. That’s what the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum…...
Continental to Buy 50 Pct of Mercuria Argentina Oil Firm
3+ week, 2+ day ago (347+ words) Billionaire shale pioneer Harold Hamm’s Continental Resources Inc. signed agreements to buy half of an Argentinian shale oil firm owned by Mercuria Energy Group, with the firms promising more than $4 billion of investment to expand production. Mercuria and Continental will…...
Equinor to Buy Majority Stake in 1.48GW CCGT Plant in PA
3+ week, 4+ day ago (386+ words) Equinor ASA said Monday it had signed an agreement to acquire a majority interest in the Lackawanna Energy Center, a combined-cycle gas turbine (CCGT) power plant with a capacity of 1,483 megawatts in Pennsylvania, from Global Infrastructure Partners (GIP). "Under the…...
Who Were the Top USA Drillers, Customers in 1Q 2026?
3+ week, 2+ day ago (434+ words) Enverus announced, in a statement sent to Rigzone recently, that it has released its latest rankings of the most active U.S. land drilling contractors and drilling customers, “providing a snapshot of market leadership based on the latest available drilling data”. Rigzone…...
Flex LNG Logs Highest Quarterly Revenue in 5 Years
3+ week, 3+ day ago (470+ words) million. Flex LNG, which trades on the New York Stock Exchange, maintained its dividend rate at $0.75...
Williams Completes $5.5B Momentum Acquisition
5+ day, 19+ hour ago (333+ words) Williams Companies Inc has consummated its cash-and-stock purchase of M6 Midstream LLC (Momentum Midstream) from EnCap Flatrock Midstream LP for around $5.5 billion. The acquired assets consist of over 4,000 miles of pipelines, three take-or-pay pipelines with 4.05 billion cubic feet a day of…...
Buru Mulls Mini Refinery in Western Australia
3+ week, 1+ day ago (372+ words) Buru Energy Ltd has reported an increase of about 200 percent in estimates for remaining recoverable oil at the Ungani oilfield onshore Western Australia. West Perth-based Buru said in a bourse filing it plans to build a mini-refinery to supply the…...
KazMunayGas Posts Higher H1 Profit
3+ week, 4+ day ago (370+ words) Kazakhstan's state-owned NC KazMunayGas JSC (KMG) has reported KZT 904 billion ($1.96 billion) in net income for the first six months of 2026, up 69.1 percent from the first half (H1) of 2025 as higher oil prices offset lower production. Net profit adjusted for the share…...