Princeton Endowment Backs Out of Oil, Gas Divestment Pledge
Princeton University's endowment is backtracking on its pledge to divest from publicly traded oil and gas companies.
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Crude Gains as Peace Deal Doubts Grow
Oil prices rose as doubts emerged over a US-Iran peace agreement.
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Eldorado to Acquire Vantage Drilling
Vantage Drilling said it has agreed to a takeover by Eldorado to create a more scalable offshore drilling platform.
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Falcon Now under Tamboran
The merger consolidates Tamboran's position in the Beetaloo Basin onshore Australia's Northern Territory into a leading 2.8 million net prospective acres.
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Analysts Tell OPEC+ Hormuz Disruption Will Last Through Year End
Consultants and analysts gathered at OPEC's Vienna headquarters for a technical meeting on Monday.
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BP Starts Production at Caspian Gas Project
'This marks the first-ever commercial gas production operations on ACG, one of the world's largest oil-producing fields'.
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JP Morgan Sees Increasing Monthly Oil Demand Losses
'Globally, we track demand losses of 2.8 million barrels per day in March, 4.3 million barrels per day in April, and 5.6 million barrels per day in May', J.P. Morgan analysts said.
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Rosneft Sees Increase in Profit on Higher Oil Prices
Despite Rosneft's stronger showing in the first three months of 2026, CEO Igor Sechin said the company may book impairments due to 'significant operational risks' including infrastructure attacks.
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Analyst Flags Conflicting USA-Iran War Statements
'We hear and read conflicting statements and headlines around the clock regarding negotiations between the United States and Iran to end this war', Samer Hasn, a Senior Market Analyst at XS.com, said.
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LNG Deliveries to China Rebound in May
The world's largest LNG buyer stepped up purchases ahead of peak summer demand, reversing a months-long decline following disruptions to Middle East supplies.