Eni has completed the sale of 30% in the giant operational Baleine oil and gas project offshore Cote d’Ivoire to the world’s biggest independent oil trader, Vitol, the Italian energy major said on Thursday. The Baleine project is Cote d’Ivoire’s main offshore development and after the transaction is now owned by Eni with a 47.25% stake, Vitol with 30%, and Cote d'Ivoire’s oil company Petroci with a 22.75% interest. The sale of the minority stake to Vitol is part of Eni’s strategy to optimize its upstream ...

BOTAS, a state energy company in Türkiye, has entered a 20-year agreement with trading company Mercuria for the purchase of approximately four billion cubic metres (bcm) of liquefied natural gas (LNG) annually from 2026. The agreement covers the supply of around 70bcm over the contract term, according to Türkiye’s Minister of Energy and Natural Resources, Alparslan Bayraktar, reported Reuters. The deal was concluded in New York during President Tayyip Erdogan’s visit to the UN General Assembly. It will ...

CONCLUDED Stock Market News From Sept. 25, 2025: S&P 500 Drops for a Third Session Last Updated: Oil Retreats as Concerns Over Looming Glut Cap Gains By Giulia Petroni, Dow Jones Newswires Oil prices were easing in early trade after climbing in the previous session, with Brent crude down 0.6% to $68.05 a barrel and WTI falling 0.7% to $64.54 a barrel. A recent draw in U.S. crude stockpiles has reinforced the perception of tighter crude availability in the short term, driven by concerns over Russian supplies ...

These energy stocks have visible growth through the end of the decade.Energy demand continues to grow. That enables energy companies to invest capital in expanding their businesses.ConocoPhillips (COP 2.31%) and MPLX (MPLX 2.02%) currently have expansion projects scheduled to come online through 2029, supporting sustained growth for years to come. Their robust growth profiles and record of delivering steadily rising high-yielding dividends make them brilliant energy stocks for investors to buy and hold for ...

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APA Corporation (NASDAQ: APA ) is an oil and gas producer with operations in the US, UK, and Egypt, plus exploration assets that’s undergoing significant changes, marked by portfolio rebalancing actions and an accelerated cost savingsAs of 2025, I've got over 10 years of researching companies. In total, throughout my investing life, I estimate that I researched (in depth) well over 1000 companies, from commodities like oil, natural gas, gold and copper to tech like Google or Nokia and many emerging market s ...

By Nicole Jao NEW YORK (Reuters) -Oil prices steadied on Thursday after hitting a seven-week high in the previous session as Russia moved to restrict fuel exports until the end of the year, but the gains were limited by new U.S. economic data that tempered optimism around further interest rate cuts. Brent futures settled 11 cents, or 0.16%, higher at $69.42 a barrel while U.S. West Texas Intermediate futures lost 1 cent, or 0.02%, to $64.98. Both benchmarks gained 2.5% on Wednesday to reach their highes ...

TotalEnergies has already adjusted its production profile to reflect Namibian realities. The company initially proposed a more aggressive development strategy with peak output of 200,000 barrels a day, but it has since revised that figure downward to 150,000 b/d. This reassessment is likely tied to the company’s broader strategy of prioritizing value over volume, aiming to sustain the production plateau for seven to eight years rather than pursuing rapid early gains (see chart). It also reflects an understa ...

Last Updated: 4 hours ago Russia-Ukraine Tension Lifts Oil Futures for Second Day By Anthony Harrup, Dow Jones Newswires Crude futures post back-to-back gains amid rising tensions over Russia, with continuing Ukrainian attacks on Russian oil infrastructure raising concerns about supply. "The Russian bid continues to support crude oil prices," Mizuho's Robert Yawger says in a note. CONCLUDED Stock Market News From Sept. 24, 2025: S&P 500 Falls a Second Day Cryptocurrencies Data Magazine Markets Stock Picks B ...

NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sable Offshore Corp. (NYSE: SOC): (1) between May 19, 2025 and June 3, 2025, both dates inclusive (the “Class Period”); and/or (2) pursuant and/or traceable to Sable’s May 21, 2025 secondary public offering (the “SPO”), of the important September 26, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Sable securi ...