Friday, May 1, 2026
UAE investment firm buys U.S. midstream gas assets for $2.25 billion- oil and gas 360

UAE investment firm buys U.S. midstream gas assets for $2.25 billion

(Oil Price) – 2PointZero, an Abu Dhabi-based investment company focused on energy infrastructure, has signed a deal to buy 100% in U.S. firm Traverse Midstream Partners, owner of minority stakes in natural gas pipelines, for $2.25 billion. 2PointZero, led by Sheikh Tahnoon bin Zayed Al Nahyan, the Deputy Ruler of Abu Dhabi, entered in the deal through its subsidiary E Point

Analysis-Oil and war top financial markets worry list for an uncertain Q2- oil and gas 360

Analysis-Oil and war top financial markets worry list for an uncertain Q2

(Investing) – LONDON – Battered financial markets enter the second quarter significantly exposed to war headlines, a backdrop that could prompt a bigger retreat for equity markets while a hefty selloff in bonds could tempt buyers back.   Even if a resolution to the conflict boosts near-term sentiment, damage inflicted on Middle East energy infrastructure and higher for longer oil prices

Six more weeks of choked Hormuz supply could send oil to $200- oil and gas 360

Six more weeks of choked Hormuz supply could send oil to $200

(Oil Price) – Oil prices could jump to $200 per barrel and even higher if the Strait of Hormuz remains near-closed as it is at the moment, Fereidun Fesharaki, Chairman Emeritus of energy consultancy FGE NexantECA, told Bloomberg on Tuesday. Although the oil market is moving on sentiment and U.S. President Donald Trump’s social media posts about the war, the fact is that

Edison says Qatar still evaluating impact of Iran attack on LNG supply- oil and gas 360

Edison says Qatar still evaluating impact of Iran attack on LNG supply

(BOE Report) – QatarEnergy has yet to update its liquefied natural gas (LNG) customers on the impacts of recent attacks on its gas plants, Edison CEO Nicola Monti said on Tuesday. Monti said a pause in LNG supply until mid-June, which QatarEnergy notified the Italian utility of last week, was mainly due to the shipping blockade in the Strait of

Countries need to step up on Strait of Hormuz, says - oil and gas 360

Countries need to step up on Strait of Hormuz, says Hegseth

(Investing) – WASHINGTON – The United States has done the lion’s share of the work in making Iran less of a threat and other countries now need to step up to reopen the critical Strait of Hormuz waterway, Defense Secretary Pete Hegseth said on Tuesday. Hegseth cited President Donald Trump’s early morning exhortation to other countries to loosen Iran’s stranglehold on

SLB, Azule Energy expand digital platform to optimize Angola operations- oil and gas 360

SLB, Azule Energy expand digital platform to optimize Angola operations

(World Oil) –  SLB has signed a three-year agreement with Azule Energy to expand deployment of its Delfi digital platform across the company’s operations in Angola, aiming to improve execution efficiency and streamline upstream workflows. Azule Energy—an Angola-based joint venture between bp and Eni—is the country’s largest independent producer, operating a portfolio of complex offshore assets. The expanded agreement builds on earlier use of the Delfi platform within