(Oil & Gas 360) – Donald Trump made a trip to the Middle East, and clearly, he is reorganizing the world. He strengthened US relations with Saudi Arabia and made commercial agreements with Qatar and the United Arab Emirates. Agreements with Saudi Arabia involved large arms purchases and financial commitments by the US and Saudi Arabia with each other, and
(Oil & Gas 360) – The energy epicentre of Europe shifted to Milan on 19-21 May as PRC Europe 2025 brought together the leaders from the downstream sector. Supported by the Host Sponsor, Eni S.p.A., and Regional Partners including Technip Energies, Sonatrach Raffineria Italiana S.r.l., Wood and Saras S.p.A., the Congress united specialists to forge partnerships and develop solutions advancing the
(Oil & Gas 360) CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (“CanCambria” or the “Company”) announces that the Company has accepted an invitation to join the Continental Europe Energy Council (“CEEC” or the “Council”). Founded in 1994, the Continental Europe Energy Council is a membership association for companies engaged in the subsurface energy industry within Continental Europe. The CEEC’s goals
(Oil & Gas 360) – Earlier this month, EnerCom met with CanCambria Energy CEO Paul Clarke, PhD, to talk about how the company could transform natural gas markets in Europe through CanCambria’s Kiskunhalas drilling project in the Pannonian tight gas basin. The company has recently opened an office in Budapest, Hungary, in the heart of the immense basin. Dr.
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will be presenting at EneCom Denver – The Energy Investment Conference on August 17-20, 2025. Register and reserve your room. CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (“CanCambria” or the “Company”) is pleased to announce the results of the Company’s independent resource evaluation for the Kiskunhalas tight-gas project in southern Hungary
(Oil Price) – Paul Singer’s Elliott Management is kicking the tires on a deal that would have been unthinkable just a few years ago: buying a stake in a pipeline that carries Russian natural gas into Europe. The pipeline in question is the Bulgarian extension of TurkStream—Russia’s last functioning gas artery to the continent. With the rest of its gas empire
(World Oil) – Kazakhstan is considering its options for complying with the country’s OPEC+ obligations to cut production, after Saudi Arabia doubled down on its efforts to bring quota-cheats in line over the weekend. “Kazakhstan always was and is committed to OPEC+ agreement,” the Astana-based ministry said on Tuesday in emailed reply to questions. Central Asia’s largest oil producer “is
(Investing) – BRUSSELS -The European Commission will next month propose legal measures to phase out the EU’s imports of all Russian gas and liquefied natural gas by the end of 2027, it said on Tuesday. Here are the key details: GAS AND LNG Russia was Europe’s top gas supplier before its 2022 full-scale invasion of Ukraine, providing around 45% of the European
(Investing) – KYIV/WASHINGTON -Ukraine and the U.S. on Wednesday signed a deal heavily promoted by U.S. President Donald Trump that will give the United States preferential access to new Ukrainian minerals deals and fund investment in Ukraine’s reconstruction. The two countries signed the accord in Washington after months of sometimes fraught negotiations, with uncertainty persisting until the last moment with
(World Oil) – bp Plc is off to a “great start” in its strategy reset and can follow through on the turnaround despite the recent drop in oil prices, said Chief Executive Officer Murray Auchincloss. U.S. President Donald Trump’s trade war has driven Brent crude below $70 a barrel, the price assumption that underpins bp’s plans to boost cash flow and
(BOE Report) – U.S. liquefied natural gas supplies to Europe will continue to rise, U.S. Energy Secretary Chris Wright told Reuters on Monday during a visit to the Polish capital Warsaw. The United States is the world’s largest exporter of LNG and has played a major role in supplying Europe since Russia’s full-scale invasion of Ukraine in 2022 significantly reduced
(World Oil) – Eni has reached financial close with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS project, where Eni is the operator of the CO2 transport and storage system (T&S) of the HyNet industrial Cluster. The financial close allows the Liverpool Bay CCS project to move into the construction phase, unlocking
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