Oil and gas contracts value reports increase in Q4 2025
Global oil and gas contract values saw a notable uptick in the final quarter of 2025, signaling renewed confidence and investment across the sector. This quarter-on-quarter increase, reaching $44.7 bi
Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms
A potential closure of the Strait of Hormuz, a vital global energy chokepoint, threatens to trigger a severe energy shock, according to analysis by Wood Mackenz
Offshore Energy·Mar 2
Petronas Posts Lower Annual Profit
Malaysia's national oil company, Petronas, experienced a notable decline in its 2025 net profit, reporting approximately $11.6 billion after tax. This downturn
Rigzone·Mar 2
QatarEnergy stops LNG production after Iranian attacks on facilities
QatarEnergy, the state-owned energy giant, has announced a complete halt to its liquefied natural gas (LNG) production following reported Iranian attacks on cri
More LNG for Europe as MET Group and Shell expand their long-term cooperation
MET Group and Shell are deepening their long-term collaboration to increase liquefied natural gas deliveries to the European market. This strategic expansion un