4+ hour, 24+ min ago   (321+ words) Diversified Energy Co. is in advanced talks to acquire Elliott Investment Management-backed oil and gas company Birch Resources for more than $1.7 billion in cash, according to people familiar with the matter. A deal for Birch, which operates in the Permian…...

1+ day, 4+ hour ago   (353+ words) Shell Plc lost the latest round of a five-year legal fight with environmental activists over a South African oil-exploration campaign that went all the way to the nation's top court. The oil major won't be allowed to renew an exploration…...

1+ day, 18+ hour ago   (324+ words) Rigzone Oil edged higher as traders weighed a US threat to impose unprecedented economic measures on Iran, with the war that snarled the Strait of Hormuz in its sixth month Brent settled above $88 a barrel, notching a roughly 6% gain for…...

2+ day, 5+ hour ago   (967+ words) (Update) August 14, 2026, 2:31 PM GMT: Article updated with sanctions details in the eighth paragraph. The US will soon announce unprecedented economic measures against Iran, Treasury Secretary Scott Bessent said, intensifying the Trump administration's effort to force Tehran's capitulation after almost six…...

2+ day, 1+ hour ago   (470+ words) Several regions of Russia are facing fuel shortages again after Ukraine resumed almost daily attacks on oil refineries in the country. The Kaluga region neighboring Moscow will introduce a rationing system for cars from Saturday based on license plates, according…...

2+ day, 1+ hour 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…...

2+ day, 1+ hour ago   (187+ words) Bernhard Capital Partners (BCP) has completed the acquisition of New Mexico's biggest regulated natural gas utility from Emera Inc for around $1.25 billion. New Mexico Gas Co (NMGC) "will continue operating under its existing name and management team, as well as…...

2+ day, 3+ hour ago   (252+ words) ConocoPhillips has put onstream the Coyote 3SX project, expected to add up to 12,000 barrels per day gross to its production on Alaska's North Slope. "ConocoPhillips Alaska invests approximately $1 billion each year to sustain and grow its Alaska legacy assets through projects…...

2+ day, 3+ hour ago   (317+ words) The Argentina LNG consortium has filed an application for the government's Large Investment Incentive Regime (RIGI), co-owner Eni SpA said Friday. Argentina LNG is "a large-scale LNG export project leveraging the resources of the Vaca Muerta formation", Italy's state-backed Eni…...

2+ day, 5+ hour ago   (325+ words) The Venezuelan government awarded BP PLC an exploration and production license for phase 2 of the Loran gas field, the British company said Thursday. BP estimates four trillion cubic feet of recoverable gas resources in the project, part of the Plataforma…...