Victor Adetimilehin

Venture Global LNG has filed a lawsuit against Kiewit, alleging the unauthorized disclosure of confidential documents to Shell, intensifying the legal disputes over the Calcasieu Pass LNG plant.

Citgo auction heats up as Carl Icahn-backed CVR Energy and creditor groups compete for control, amid unresolved Venezuela debt claims.

Hess shares drop significantly due to a new delay in its sale to Chevron, with arbitration pushing the merger timeline to late 2025 and impacting investor confidence.

OPEC+ keeps its current oil output policy unchanged, hinting at a possible pause or reversal of planned production hikes in October to stabilize the market.

Oil prices surged nearly 3% due to escalating Middle East tensions and a significant drop in U.S. crude stockpiles, highlighting the volatile nature of global energy markets.

An aerial survey reveals that U.S. oil and gas fields emit methane at rates four times higher than federal estimates, indicating a much greater climate impact.

US oil and gas mergers hit $30 billion in Q2 2024, with major deals like ConocoPhillips’ bid for Marathon Oil driving significant industry activity and consolidation.

Brazilian prosecutors demand Ibama respond to Petrobras’ Amazon drilling license request, spotlighting the clash between economic development and environmental conservation.

The U.S. Department of Energy finalizes a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, reinforcing national energy security.

European clean energy companies are rethinking U.S. expansion plans due to fears of Trump’s potential return, which could impact the Inflation Reduction Act and clean energy investments.