Seplat Raises Q1 Dividend on Robust Oil Price Outlook
'The conflict in the Middle East has dramatically changed the outlook for the oil and gas industry in 2026, and quite possibly beyond'.
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Wirth Warns Global Energy System Under 'Extreme Stress'
Chevron Corp. is worried that global oil supplies are running dry as the U.S.-Israel war with Iran enters its third month.
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Iran Delivers New Talks Proposal to USA as Hormuz Stays Shut
Iran delivered a new proposal to the U.S. and President Donald Trump vowed to maintain a naval blockade.
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Oil Slips as Iran Talks Hang in Balance
Oil prices dipped as uncertainty around US-Iran negotiations tempered recent gains.
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Exxon, Chevron Beat Profit Estimates
Exxon Mobil Corp. and Chevron Corp. posted stronger than expected earnings for the first quarter.
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DOE Continues ‘Swift Execution' of 172MM Barrel SPR Exchange
The U.S. Department of Energy announced that it has delivered a 'historic Request for Proposal execution to secure global oil supply stability'.
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Kimmeridge, Mubadala Raise JV Production to Over 1Bcfd
Caturus, the JV, completed its acquisition of Galvan Ranch in Texas from SM Energy for $950 million.
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OKEA Back to Black but Dividends Remain On Hold
The Norwegian oil and gas producer reported $36 million in net income for Q1, a bounce-back from prior-quarter losses and an increase year-on-year due to higher sales volumes and realized oil prices.
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Trump Reacts to UAE OPEC Withdrawal
U.S. President Donald Trump gave his opinion on the United Arab Emirates' decision to withdraw from OPEC.
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Inventories Acting as Shock Absorber of Global Oil System
'In this war driven oil shock, inventories have become the market's primary balancing mechanism', J.P. Morgan analysts said.