Business ❯ Energy

Market Dynamics

Supply and Demand Supply Chain Oil Prices Crude Oil Pricing Acquisitions Competition Investment Strategies Production Regulatory Approvals

Saipem Sells Saudi Jack‑Up Unit to ADES for $285 Million

The sale frees cash for Saipem’s shift to deepwater projects as ADES expands its premium jack‑up fleet and enters Mexico.

Vista Boosts Investment and Production Targets After Equinor Deal

Shell Q1 Profit Jumps on Gulf Supply Shock as Dividend Rises and Buybacks Are Cut

BP Weighs North Sea Exit in Strategic Review Under New CEO

MARA to Acquire Long Ridge Energy in $1.5 Billion Bet on AI Power

Grupo México to Merge Power Assets With GIP’s Saavi in 4.5 GW Mexico Platform

TotalEnergies Q1 Preview Lifts Outlook as Prices, LNG Trading Offset Middle East Outages

BPCL Confirms Sanjay Khanna as Chairman and Managing Director

Meloni Visits Saudi Arabia and Qatar to Safeguard Italy’s Energy

Flex LNG Secures Two-Year Charter for Flex Aurora With Options to 2034

Constellation to Sell 4.4 GW PJM Gas Portfolio to LS Power for $5 Billion

Woodside Names Liz Westcott Chief Executive After Formal Search

VLCCs Carry Venezuelan Crude to India After U.S. Eases Export Rules

Shell and METLEN Sign LNG Cooperation Framework to Supply Greece and Wider Europe From 2027

Petro-Perú Reinstates Gustavo Villa Mora as General Manager Effective Feb. 21

YPF Awards Manantiales Behr to Pecom in About $400 Million Deal After Higher Bid Collapsed

PBF Energy Sets Early-March Martinez Restart as Heavy Crude Margins Lift Q4

Shell’s Shrinking Reserves Put 2030s Output at Risk as Pressure Mounts for Deals

Transocean to Acquire Valaris in $5.8 Billion All-Stock Deal to Create $17 Billion Offshore Drilling Leader

TotalEnergies Inks 15-Year, 1 GW Solar PPAs to Power Google’s Texas Data Centers