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      Trump Exempts Hungary from Sanctions on Buying Russian Oil and Gas

      The news of Trump exempts Hungary from sanctions on its continued purchases of Russian oil and gas for a year; has been confirmed by...

      SM Energy and Civitas Resources Eye Merger Worth US$12.8bn

      SM Energy and Civitas Resources said that they will merge in a deal that is valued at around US$12.8 billion, including debt, thereby creating...

      TechnipFMC Gets Petrobras Subsea Production Systems Deal

      TechnipFMC has gone on to secure a contract from Petrobras when it comes to subsea production systems following a bidding process that was pretty...

      Oil-Related Tariffs on China May Stop unless Europe Acts

      Scott Bessent, the U.S. Treasury Secretary, said on September 15, 2025, that the Trump administration would not impose additional oil-related tariffs on Chinese goods...

      McDermott Gets Key Contract for $25 Billion LNG Project

      McDermott, the US contractor, has been awarded a master services agreement (MSA) so as to provide front-end engineering as well as planning services for...

      U.S. Wants EU to Halt Imports of Russian Oil and Gas Soon

      The EU can go ahead and accelerate the phase-out of its natural gas imports from Russia, thereby ending the purchases within a period of...

      US To EU – For Sanctions Against Russia, Say No to Their Oil

      Chris Wright, the U.S. Energy Secretary, in an interview to Financial Times published on September 8, has remarked that the European countries should halt...

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