BP Reconsiders U.S. Shale Growth With Devon’s Eagle Ford Assets in View
BP reviewed Devon’s Eagle Ford assets as it shifts back toward oil and gas growth, but walked away from a deal amid high valuations and crude prices.
BP reviewed Devon’s Eagle Ford assets as it shifts back toward oil and gas growth, but walked away from a deal amid high valuations and crude prices.
WTI is set for a 7% weekly drop as freight costs and a possible diesel export ban raise concerns about U.S. refinery demand.
EU officials say gas supply is stable, though storage is at 70% and Germany’s is about 57% amid constrained LNG flows through Hormuz.
Italy will meet refiners on October 8 to discuss higher diesel and gasoline output as supply constraints and record prices strain European fuel market...
U.S.-Iran talks revisit a phased Hormuz deal as Gulf states expand transport routes and weigh energy infrastructure spending.
Solar and wind can reach operation faster than most new power plants, giving modular projects a financial edge as electricity demand surges.
OPEC+ retains major supply capacity, but quota disputes and blocked export routes are weakening its ability to shape oil markets.
Data centre expansion is bringing higher legal and conflict exposure, complicating insurance across cyber, property and war risks.
Czechia will cap fuel prices from October and seek a tax on refinery margin increases as disrupted crude flows lift European margins.
Bitcoin topped $85,000 as crypto assets rallied, options leaned bullish and ETF inflows strengthened, though macroeconomic pressures remain.
Qatar’s LNG growth depends on reopening Hormuz and timely project starts, while damaged trains have already cut export capacity by 12.8 million tons a...
Fuel markets may be shifting from high prices to delivery constraints, with location and access to supply shaping who faces shortages.
KPMG projects 1.3% UK growth in 2026, but higher energy costs and borrowing may curb household spending and narrow fiscal room.
Saudi Gulf terminal tanker traffic hit its highest level since June as Hormuz crossings fell and strikes renewed concern over Yanbu.
Overview Energy aims to deliver space-based solar power by 2028, but untested technology and high projected costs leave its commercial case unsettled.
Record-high diesel costs and lost Saudi deliveries put Europe’s fuel supply under pressure, prompting Macron to seek a G7 discussion of emergency stoc...
Kazakhstan plans to buy about 11 bcm of Russian gas this year, but undisclosed pricing and potential U.S. sanctions add uncertainty.
Saudi Aramco is redirecting about 60 million barrels of Gulf crude to Asian buyers, while European term customers face zero October allocations.
U.S. active rigs increased to 595, while crude output dipped slightly and completion crews returned to growth.
BlackRock’s GIP will contribute $1.8 billion for access to some TotalEnergies African oil and gas infrastructure, with fees tied to throughput for up...