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ConocoPhillips Secures 30-Year Gas Deal, Advancing Alaska LNG Project
ConocoPhillips Alaska and Glenfarne Group subsidiary Glenfarne Alaska LNG LLC signed a 30-year gas sales precedent agreement. This contract secures a long-term...
Repsol and Santos reach first oil at Pikka, reviving Alaska’s energy sector
Repsol and Santos have achieved first oil at the Pikka project on Alaska's North Slope. The development represents a total investment of approximately US$1...
Woodside Warns LNG Supply Risks Are Underestimated, Citing Hormuz Conflict
Woodside Energy Group CEO Liz Westcott warns that global markets underestimate the long-term impact of the Iran conflict on liquefied natural gas (LNG) supply....
INOXGFL leads ₹5,000 crore bid for Vena Energy’s Indian assets
INOXGFL Group emerged as the leading bidder for Vena Energy's 1.1-gigawatt Indian renewable energy portfolio. The deal values the platform at an enterprise...
NextEra Energy acquires Dominion for $67 billion, fueling AI data center growth
NextEra Energy will acquire Dominion Energy in an all-stock transaction valued at $67 billion. This merger creates a utility giant with a generation capacity...
UAE exits OPEC to boost production, ending era of rigid quotas
The United Arab Emirates (UAE) officially withdrew from the Organization of the Petroleum Exporting Countries (OPEC) on May 1, 2026. This departure allows the...
BP Cuts Stakes in UK Carbon Capture, Shifting Focus to Oil
BP plans to sell its equity in the Net Zero Teesside (NZT) Power and Northern Endurance Partnership (NEP) projects. The company reached major milestones...
Russia targets China for Power of Siberia 2 deal, seeking market pivot
Russian President Vladimir Putin meets Chinese President Xi Jinping in Beijing on May 19, 2026. The primary goal is securing a final agreement for the Power of...
ExxonMobil Clears Restrictions, Ending FTC Ban on Former Pioneer CEO
The U.S. Federal Trade Commission (FTC) today voted 3-0 to reopen and set aside the final consent order regarding ExxonMobil’s acquisition of Pioneer Natural...
Exxon faces FTC order reopening on Pioneer deal, signaling tougher oversight
The Federal Trade Commission (FTC) reopened and set aside the final consent order regarding Exxon Mobil’s $64.5 billion acquisition of Pioneer Natural...
NextEra and Dominion Merge to Create World’s Largest Electric Utility
NextEra Energy and Dominion Energy have signed a definitive agreement to merge in an all-stock transaction. The deal creates the world's largest regulated...
Oil Prices Spike Past $111, Following Drone Attacks on UAE and Saudi
Global oil prices surged on Monday, May 18, following weekend drone attacks in the UAE and Saudi Arabia. One strike caused a fire at a generator outside the...
UAE speeds Fujairah pipeline to bypass Hormuz, following Barakah plant strikes
The United Arab Emirates accelerated plans for a second major crude oil pipeline to Fujairah on May 18, 2026. This project creates a reliable alternative to...
Oil Surges Past $111, Following UAE Nuclear Site Drone Strike
Crude oil prices climbed sharply on Monday following a weekend drone strike near a UAE nuclear facility. The attack fueled concerns regarding global supply...
NextEra Energy merges with Dominion, creating world's largest utility
NextEra Energy and Dominion Energy signed a definitive agreement to merge in an all-stock transaction. The deal creates the world’s largest regulated electric...
UAE Condemns Barakah Nuclear Plant Attack as Oil Surges Past $110
The United Arab Emirates formally condemned a drone strike on the Barakah nuclear power plant perimeter on Monday, May 18. Officials labeled the incident an...
Santos hits first oil at Pikka, targeting 80,000 barrels per day
Santos and partner Repsol have achieved first oil at the Pikka Phase 1 development on Alaska’s North Slope. This project represents one of the largest new oil...
Brent Hits $111, as Strait of Hormuz Closure Drains Global Reserves
Brent crude oil reached $111 per barrel on Monday. WTI crude surpassed $107 during the same session. The continued closure of the Strait of Hormuz drove the...
ExxonMobil Golden Pass LNG hosts Energy Secretary, highlighting strategic export growth
U.S. Secretary of Energy Chris Wright visited the Golden Pass LNG export facility in Texas on May 17. QatarEnergy owns 70% of the joint venture, while...
NextEra and Dominion Discuss Merger, Driven by AI Energy Needs
NextEra Energy (NYSE:NEE) is reportedly in merger talks with Dominion Energy to combine two of the largest U.S. utility companies. The potential deal would...