Finance news

3,499 items · filtered by Kanal: oil_gas

AI Could Unlock $500 Billion for Oil and Gas Producers by 2030

Digitalization and artificial intelligence (AI) will create close to $500 billion in cumulative value for E&P companies between 2026 and 2030, according to Rystad Energy estimates. This value is captured through cost reductions from more efficient operations, production increases from higher uptime and increased recovery, and compressed development timelines. Cost reductions and production increases are the largest value pools and contribute roughly equally through 2030. Exploration and producti

◇ unclassifiedmiddle-east · russia · usa

Defense News54d05/22⚠ war-conflict · 3/5

Congressional report tallies 42 US aircraft lost or damaged in Operation Epic Fury

Drones took the heaviest hit, accounting for 25 of the 42 aircraft losses listed in the report.

◇ unclassifiedusa · europe · saudi-arabia

OilPrice.com54d05/22

Higher Oil Prices Tempt US Drillers To Turn Up The Volume

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 558, down just 8 from this same time last year. The number of active oil rigs rose by 10 to 425 during the latest reporting period, according to the data. This is 30 below this same time last year. The number of gas rigs fell by 3. Gas rigs now sit at 125, which is 17 more than this time last year. The

◇ unclassifiedmiddle-east · russia · usa

CNBC Top News54d05/22⚠ war-conflict · 3/5

Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries

Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.

◇ unclassifiedusa · iran

OilPrice.com54d05/22⚠ war-conflict · 3/5

Kazakhstan Court Upholds $1.4 Billion Award Against Gazprom

A court in Kazakhstan has inserted itself into the Russia-Ukraine conflict, ruling in favor of the Ukrainian state gas entity Naftogaz in a $1.4-billion dispute with the Russian energy behemoth Gazprom. The judgment and order issued by the court of Astana International Finance Center (AIFC) endorses last year’s ICC International Court of Arbitration award in favor of Naftogaz. “The ICC Award dated 16 June 2025 … in the arbitration Case No. 27245/GL/DTI between the Claimant and the Defendant shal

◇ unclassifiedmiddle-east · russia · usa

Manager Magazin54d05/22

Standard Chartered: CEO Bill Winters entschuldigt sich für Äußerung über „weniger wertvolles Humankapital“

Bei seinen Erläuterungen zu einem bevorstehenden Stellenabbau hatte sich Bill Winters, der Chef der Großbank Standard Chartered, jüngst in der Wortwahl vergriffen. Nach einigem Hin und Her folgte nun eine Entschuldigung.

◇ unclassifiedgermany · europe

OilPrice.com54d05/22⚠ war-conflict · 3/5

Ukraine Hits 300,000-Bpd Gazprom Neft Refinery in Overnight Drone Strike

Ukraine targeted overnight the Yaroslavl oil refinery in Russia, escalating the drone attacks on Russian refining and oil exporting assets, Ukrainian President Volodymyr Zelenskyy said on Friday. “Today, there was a report by Commander-in-Chief of the Armed Forces of Ukraine Oleksandr Syrskyi on the use of long-range drones against Russian oil refining and export assets,” Zelenskyy wrote on social media. “In particular, overnight, the Defense Forces of Ukraine operated against targets associated

◇ unclassifiedmiddle-east · russia · usa

Defense News54d05/22⚠ war-conflict · 3/5

Libya and Syria join Turkey’s flagship military exercise in historic firsts

Ankara framed both nations’ attendance as part of its broader military-restructuring and advisory programs in each country.

◇ unclassifiedusa · europe · middle-east

OilPrice.com54d05/22⚠ war-conflict · 3/5

Oil Markets Ignore Red Flags as Global Energy Crisis Deepens

Global oil markets remain under severe stress as Hormuz disruptions, weak economic data, and tightening inventories reshape energy flows worldwide. Friday, May 22, 2026 In a week of contradicting narratives, the largest ever US inventory drawdown sparked only a minor bullish moment as media reports of some form of negotiations between the US and Iran continue to resonate. With Europe posting its worst macroeconomic numbers since 2023 and the IEA warning of oil markets hitting the ‘red zone’ by J

◇ unclassifiedmiddle-east · russia · usa

Rigzone Oil News54d05/22

USA Crude Oil Stocks Drop Almost 8MM Barrels WoW

Crude oil stocks, not including the SPR, stood at 445.0 million barrels on May 15, according to the EIA's latest weekly petroleum status report.

◇ unclassifiedmiddle-east · usa · europe

OilPrice.com54d05/22⚠ war-conflict · 3/5

EU Warns Energy Prices Will Stay Elevated Through 2027

Top EU officials said Friday that oil and gas prices are expected to remain elevated through at least the end of 2027, with the fallout from the Iran war likely to keep pressure on inflation and economic growth. Speaking after a meeting of eurozone finance ministers in Cyprus on Friday, EU Economy Commissioner Valdis Dombrovskis said higher energy costs are now expected to drive inflation to 3.1% this year and 2.4% in 2027—well above the bloc’s earlier forecast of 1.9% for this year. The concern

◇ unclassifiedmiddle-east · russia · usa

Rigzone Oil News54d05/22

UK to Close Oil Tax Loophole

Chancellor of the Exchequer Rachel Reeves said the UK is closing a tax loophole on oil and gas companies.

◇ unclassifiedmiddle-east · usa · uk

OilPrice.com54d05/22⚠ war-conflict · 3/5

Pakistan Looks to Host Crude Reserve Sites of Gulf Oil Producers

Pakistan is encouraging oil producers from the Persian Gulf to set up crude reserve buffers at a planned Energy City near one of its ports, The Express Tribune reported on Friday. "In case of emergencies like the breakout of war, Pakistan will have the first right to utilise the oil reserves," a Pakistani official told the publication. Pakistan, which doesn't have crude reserves at present to act as a buffer in case of emergencies, has been reeling from the Middle East crisis and negotiating wit

◇ unclassifiedmiddle-east · russia · usa

OilPrice.com54d05/22⚠ war-conflict · 4/5

Iran Is Tightening Its Grip on the Strait of Hormuz

Shortly after the outbreak of the war with the United States and Israel, Iran took control of the Strait of Hormuz, a key artery for global oil and gas supplies. By threatening and attacking international shipping, Iran brought maritime traffic to a virtual standstill, giving it significant leverage over its neighbors in the Persian Gulf and the global economy. Now, the Islamic Republic is formalizing its dominance over the strategic chokepoint by imposing a new transit regime. That is despite r

◇ unclassifiedmiddle-east · russia · usa

Defense News54d05/22⚠ war-conflict · 3/5

Taiwan says it has not been told by US of arms sales delays

U.S. President Donald Trump said following a summit with China’s Xi Jinping in Beijing last week that he was undecided on whether to approve it.

◇ unclassifiedusa · europe · china

Rigzone Oil News54d05/22

ExxonMobil, QatarEnergy Eye Egypt Facilities for Potential Cyprus Gas

Exxon Mobil and QatarEnergy signed an MoU with Egypt to assess the potential of developing natural gas discoveries in Cyprus through the North African country's existing infrastructure.

◇ unclassifiedmiddle-east · usa

AP Business54d05/22

Oil and gas prices to remain high in Europe at least until the end of 2027, officials say - AP News

Oil and gas prices to remain high in Europe at least until the end of 2027, officials say AP News

◇ unclassifiedeurope

NATO News54d05/22⚠ war-conflict · 3/5

Opening remarks - North Atlantic Treaty Organization

Opening remarks North Atlantic Treaty Organization

◇ unclassifiedeurope · usa

CNBC Top News54d05/22

Donald Trump Jr.-backed 'Steroid Olympics' are happening on Sunday. Here's what to expect

Olympic medallists are among 42 athletes competing in the controversial competition, but the Enhanced Games has big product plans beyond the event this weekend.

◇ unclassifiedusa

Rigzone Oil News54d05/22

EIR Says Qatari LNG Outage Will Shift Gas Market to Deficit

Enverus Intelligence Research outlined that the Qatari LNG outage will shift the global gas market into a structural deficit.

◇ unclassifiedmiddle-east · usa

CNBC Top News54d05/22

Oil-rich Alberta to hold a vote on whether to separate from Canada

The move for a referendum comes after months of campaigning from a group of separatists.

◇ unclassifiedusa

Rigzone Oil News54d05/22

Oil Exerts Influence Well Beyond Energy Market

Oil continues to exert an influence well beyond the energy market itself, Ole Hansen, Saxo Bank's Head of Commodity Strategy, said.

◇ unclassifiedmiddle-east · usa

Rigzone Oil News54d05/22

Ithaca Completes Acquisition in Shell Discovery, Farms Down Fotla

The UK producer completed the purchase of a 50 percent stake in two Shell licenses in the West of Shetland Basin, while entering into an agreement to sell part of its ownership in the Fotla project in the North Sea to Harbour Energy.

◇ unclassifiedmiddle-east · usa · uk

Tagesschau Wirtschaft54d05/22

Number of completed apartments falls to lowest level since 2012

In 2025, as few apartments were completed in this country as have not been since 2012. This is due to high costs. Experts also criticize the excessive bureaucracy.

◇ unclassifiedgermany · europe

Manager Magazin54d05/22

Europcar: Für Volkswagen wird es immer teurer – Finanzpartner steigt aus

Autogigant Volkswagen hat mit dem Einstieg bei Europcar bislang wenig Glück. Jetzt verkauft Co-Investor Attestor – und VW übernimmt die Anteile. Der Preis hat es in sich.

◇ unclassifiedgermany · europe

Manager Magazin54d05/22

SpaceX: Elon Musk bricht Test mit neuer Starship-Rakete ab

Wegen technischer Probleme hat die Weltraumfirma SpaceX einen geplanten Test seiner zwölften „Starship“-Rakete kurzfristig abgesagt. Konzernchef Elon Musk will bis Samstag einen neuen Versuch wagen.

◇ unclassifiedgermany · europe

Rigzone Oil News54d05/22

Equinor, Aker BP Agree Stakes Swap in North Sea, Barents Sea

'The parties will seek alignment on key areas of joint interest on the Norwegian continental shelf, with the aim of speeding up the development of resources to uphold high production levels and unlock value'.

◇ unclassifiedmiddle-east · usa · norway

Rigzone Oil News54d05/22⚠ war-conflict · 3/5

First Oil Tanker to Exit Hormuz since War Expected in Japan

Japan - one of Asia's biggest importers of energy from the Middle East - flagged the impending arrival of the first Persian Gulf oil shipment to transit the contested Strait of Hormuz since the Iran war began.

◇ unclassifiedmiddle-east · usa · iran

IEA News54d05/22

Heat Pump Taxonomy – Analysis - IEA – International Energy Agency

Heat Pump Taxonomy – Analysis IEA – International Energy Agency

◇ unclassifiedeurope · middle-east · usa

Tagesschau Wirtschaft54d05/22

Heavy travel: Is the next price surge on the oil market imminent?

At Pentecost, roads and airports fill up again. The travel time could cause oil prices to rise again - especially since reserves are falling at the same time. Experts see two scenarios. By Angela Göpfert.

◇ unclassifiedgermany · europe

← PrevPage 116 / 117Next →