Diversified Energy Buys Oklahoma’s Canvas Energy for $550MM
Diversified Energy is adding scale in the Anadarko Basin with the acquisition of private E&P Canvas Energy for $550 million.
EQT’s LNG Buying Spree Continues with 1 mtpa from Commonwealth
Following recent purchases from Sempra Infrastructure and NextDecade, EQT is now securing 1 million tonnes per annum of offtake for 20 years from Commonwealth LNG.
Barclays Cuts 2026 Brent Forecast on OPEC+ Supply Increase Expectations
(Reuters) – Barclays on Monday lowered its Brent crude oil price forecast for 2026 by $4 to $66 a barrel, citing expectations that OPEC+ will fully unwind voluntary production cuts by September next year. The bank said OPEC+’s weekend decision to raise October production targets by 137,000 barrels per day (bpd) was “the group initiating …
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Oil Set to Fall Below $60 Into Next Year, FGE’s Fesharaki Says
By Haslinda Amin The decision by OPEC+ to once again raise production may have been more modest than expected, but oil prices could still tumble below $60 a barrel into the end of the year and the start of 2026, FGE NexantECA Chairman Emeritus Fereidun Fesharaki said on Bloomberg Television. The Organization of the Petroleum …
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China Is Cranking Up Its LNG Trade With Russia in Test For Trump
By Stephen Stapczynski China appears to be setting up a system to import regular cargoes of liquefied natural gas from a Russian project sanctioned by the US, a move that will test the Trump administration’s willingness to penalize Beijing in its efforts to curb Moscow’s energy revenue. Having taken the first-ever overseas export from the …
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Electric Hydrogen Buys Ambient Fuels to Boost Project Development
Electric Hydrogen and Generate Capital also entered a partnership as part of the transaction to offer up to $400 million in hydrogen project finance solutions.
Global LNG Market Faces Looming Supply Glut After Years of Scarcity
By Anna Shiryaevskaya, Ruth Liao, and Stephen Stapczynski The global market for liquefied natural gas faces a multiyear supply glut starting in 2026, potentially pushing prices for the crucial fuel to the lowest since the energy crisis triggered by Russia’s full-scale invasion of Ukraine. After four years of tight markets, the International Energy Agency expects …
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ConocoPhillips to Buy 1 mtpa from NextDecade’s Rio Grande LNG
The agreement finalizes commercialization for Rio Grande LNG Train 5 as NextDecade targets FID by the end of 2025.
DPO Launches Greenlight Data Centers for AI Infrastructure Growth
Digital Power Optimization launched Greenlight Data Centers to deliver energized and strategically located AI-ready data center infrastructure.
US NatGas Edges Up 1% to 5-Week High on Lower Output, Freeport LNG Return
U.S. natural gas futures edged up about 1% to a five-week high on Sept. 8 on recent output declines and increased flows to LNG export plants.