Eni to Acquire Prax Stations in 4 Countries
The transaction will give the Italian energy major about 320 service stations across Austria, Denmark, Germany and Switzerland.
The transaction will give the Italian energy major about 320 service stations across Austria, Denmark, Germany and Switzerland.
Spiking energy prices, more U.S. tariffs, and mushrooming spending on artificial intelligence are reawakening investors' inflation fears.
Crude declined after reports on US-Iran diplomacy and continued Red Sea oil flows reduced immediate supply concerns.
The company, which helps clients drill oil wells and map underground pockets of crude, said the conflict is encouraging customers to spread investment across more regions.
The Australian company narrowed its output guidance for the year from 101-111 million barrels of oil equivalent to 99-105 MMboe, despite ramp-up at the Barossa and Pikka oil and gas projects.
U.S. crude is drawing overseas interest from Asian and European refiners.
However, adjusted net profit for January-June 2026 fell nine percent year-on-year to RUB 216.49 billion.
Rystad Energy mapped four potential U.S.-Iran conflict scenarios to assess their impact on oil prices.
The Chevron-led Aphrodite consortium, Cyprus Hydrocarbons and Egyptian Natural Gas signed a memorandum of understanding to enable the piped export of 100 percent of production from the Aphrodite field to Egypt.
Offshore Energies UK announced that its CEO, David Whitehouse, had a 'constructive meeting' with the UK's new Secretary of State for Energy.