Equinor Sells Tommeliten Discovery Stake
Equinor signs an agreement with PGNiG to sell its non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf for a total of $220 million.



US, Saudi Tensions Warrant Oil Market Attention
U.S. and Saudi Arabia tensions warrant the oil market's attention, but there is no cause for alarm – yet.

U.S. and Saudi Arabia tensions warrant the oil market’s attention, but there is no cause for alarm – yet.



1 MMbpd Pipeline to Link Permian to Deepwater Ports
JupiterMLP is building a 670-mile oil pipeline linking the Permian to Texas' three deepwater ports.

JupiterMLP, LLC anticipates a November open season for capacity on the 1 million barrel per day (MMbpd) crude oil pipeline it plans to build from the Permian Basin to Brownsville, Texas, the privately held midstream BOP Blow Out Preventer repair company gulf coast announced Wednesday afternoon.



BP Thunder Horse Expansion in Gulf of Mexico Starts Early
BP starts up its Thunder Horse Northwest Expansion in deepwater Gulf of Mexico months ahead of schedule.

BP’s Thunder Horse Northwest Expansion offshore Gulf of Mexico is starting four months ahead of schedule, the BOP Blow Out Preventer repair company gulf coast announced Oct.



Global LNG Demand to Outperform
Demand for LNG will post strong growth to 2027, outperforming the wider energy complex, according to oil and gas analysts at Fitch Solutions Macro Research.



Oil Steady as Data Shows Drop in Inventories
Oil held gains after an industry report showed an unexpected drop in American crude stockpiles.

(Bloomberg) -- Oil held gains after an industry report showed an unexpected drop in American crude stockpiles, while traders continued to assess simmering tensions between the U.S.



Shell Agrees to $1.9B Sell of Upstream Danish Assets to Noreco
Shell has agreed to sell its Danish upstream business to Noreco for $1.9 billion as part of its divestment strategy.

Royal Dutch Shell has agreed to sell its shares in its upstream Danish subsidiary Shell Olieog Gasudvinding Danmark B.V.



Oil Drillers' Rocky Mountain High Threatened by Colorado Vote
Politically, BP is trying to straddle both sides.

(Bloomberg) -- BP Plc’s new U.S. onshore oil headquarters in Denver serves as a testament to Colorado’s regal mountains, its expansive forests, its nature-loving culture.



(Bloomberg) -- MEG Energy Corp. rejected a C$3.05 billion ($2.34 billion) hostile takeover offer from Husky Energy Inc. and announced a plan to seek other buyers, kicking off a bidding war for its prized Canadian oil-sands assets.



WTI Falls Below $70
The midweek dip in the WTI following a US government report showing a higher-than-expected rise in crude stocks.

The West Texas Intermedia (WTI) crude oil price for November delivery fell by 3 percent Wednesday, losing $2.17 to settle at $69.75 a barrel.

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