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The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose to 549, according to Baker Hughes, down 38 from this same time last year. US drillers added 6 oil...
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BW Energy is evaluating a potential acquisition of Azule Energy’s non-operated interests in Angola’s Block 14/14K, part of its strategy to expand offshore oil and gas assets, the company stated, while clarifying that no binding agreement has been reached. Source
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Chinese Oil Import Port Targets Shadow Fleet Tankers | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 26, 2025, 11:15 AM CDT Several terminal operators in China’s Shandong province plan to ban entry to old vessels and such with fake or suspicious certificates in a...
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Seatrium has signed an MoU with Cochin Shipyard to strengthen offshore collaboration in India and Asia, targeting MRO projects, technology partnerships and growth in regional energy markets. Source
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TotalEnergies has entered a new phase of its strategic partnership with Cognite, aimed at scaling industrial artificial intelligence (AI) across all of the company’s operated upstream assets worldwide. Source
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Germany Backs Using Frozen Russian Assets to Arm Ukraine | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Sep 26, 2025, 11:00 AM CDT German Chancellor Friedrich Merz urged the EU to establish a legal framework to unlock €194 billion in frozen Russian...
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Nigeria has approved TotalEnergies’ $510 million sale of its 12.5% stake in OML 118, home to the Bonga deepwater field, to Shell and Nigerian Agip Exploration as part of Total’s global divestment strategy. Source
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Record-Low Canadian Natural Gas Prices Prompt Production Curbs | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Sep 26, 2025, 10:30 AM CDT Canadian producers are temporarily shutting in natural gas wellheads amid a record-low negative pricing at the key Alberta...
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Brent Rallies Back to $70 as Geopolitical Risk Rises | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info Premium Content By Tom Kool – Sep 26, 2025, 10:16 AM CDT Oil saw a strong rally this week as attacks on Russian...
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Strike Blocks LNG Cargo Arrivals at French Import Terminals | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Sep 26, 2025, 9:30 AM CDT French LNG terminals operator Elengy has issued force majeure notices to customers that its three import facilities...
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