The Texas Railroad Commission has begun plugging six leaking orphaned gas wells in Baffin Bay, expanding state remediation efforts using emergency funding aimed at addressing high-priority environmental and safety risks. SourceContinue Reading

Shell is reportedly preparing the sale of its offshore wind portfolio in a deal that could exceed $1 billion, as the company continues to streamline its portfolio and focus investment on higher-return energy projects. SourceContinue Reading

ExxonMobil is reportedly evaluating potential acquisition opportunities in the LNG sector, including Australia’s Woodside Energy, as the company seeks to expand its presence in global gas markets and strengthen access to Asian LNG demand. SourceContinue Reading

More than 38,000 attendees from over 100 countries gathered in Calgary for Global Energy Show Canada 2026, where industry leaders focused on energy security, LNG growth, infrastructure investment and Canada’s role in meeting rising global energy demand. SourceContinue Reading

A War of Words Sends Brent Crude to a Two-Month Low | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – Jun 12, 2026, 10:54 AM CDT Oil...Continue Reading

Europe Wary Of Too Much Dependence on U.S. LNG | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Related News By Michael Kern – Jun 12, 2026, 10:30 AM CDT European buyers aren’t...Continue Reading

Nigeria’s Crude Oil Production Hits 15-Month High | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 12, 2026, 9:30 AM CDT Nigeria’s crude oil output jumped to a 15-month high in May as Africa’s top producer continues to ramp up production, data from the Nigerian...Continue Reading

Trump Says Iran Peace Deal Could Be Signed Within Days | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jun 12, 2026, 9:00 AM CDT Trump said...Continue Reading

Russian Governors Rush to Deny Fuel Crisis as Rationing Spreads | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 12, 2026, 8:30 AM CDT Russia’s authorities and regional governors are racing to assure residents there are no fuel shortages amid an intensified Ukrainian drone campaign...Continue Reading

Norway Pitches Arctic Resources as Key to EU Energy Security | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 12, 2026, 7:30 AM CDT Norway has...Continue Reading