Kimbell Royalty Partners has agreed to acquire $147 million in Permian basin mineral and royalty interests from Mesa Royalties, expanding its exposure across the Delaware and Midland basins. SourceContinue Reading
GAZ-SYSTEM has launched the FSRU vessel for Poland’s first floating LNG terminal in the Gulf of Gdańsk, a project expected to add more than 6 Bcm per year of regasification capacity by 2028. SourceContinue Reading
NATO members are discussing a possible mission to help protect commercial shipping through the Strait of Hormuz if the waterway remains blocked, as ongoing disruption continues pressuring global oil and LNG markets. SourceContinue Reading
CoreMarine and Vår Energi are advancing long-term digital integrity management efforts on the Goliat FPSO through renewal of the CoreIntegrity platform for offshore mooring and asset monitoring operations. SourceContinue Reading
President Donald Trump said he postponed a planned military strike on Iran after appeals from Gulf allies seeking more time for negotiations, easing immediate fears of further disruption to global oil markets. SourceContinue Reading
The U.S. Treasury has extended a sanctions waiver allowing certain Russian oil cargo transactions through June 17, offering temporary relief for stranded shipments as global crude markets remain strained by Middle East supply disruptions. SourceContinue Reading
McDermott reported first-quarter 2026 revenue of $2.4 billion and a backlog of $17.6 billion as the offshore engineering contractor cited strong project execution and continued operations amid Middle East market uncertainty. SourceContinue Reading
YPF has submitted a $25 billion RIGI investment proposal tied to its LLL Oil development in Argentina’s Vaca Muerta shale, targeting 240,000 bopd of export-focused production by 2032. SourceContinue Reading
Eco Atlantic has secured court approval for its proposed acquisition of JHI Associates, advancing plans to acquire a 35% interest in the PL001 offshore Falkland Islands license operated by Navitas Petroleum. SourceContinue Reading
The African Energy Chamber has named Aliko Dangote its 2026 African Energy Person of the Year, recognizing his investments in refining, energy infrastructure and industrial development across Africa. SourceContinue Reading
