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Oil climbed above $100 a barrel after Houthi attacks on Saudi tankers heightened fears of broader supply disruptions.
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'The transaction supports and reinforces Magnolia's business model' Magnolia said.
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'This milestone marks another major step in the development of Kazakhstan's first large-scale hybrid power plant, integrating solar, gas and future wind generation to ensure decarbonized and reliable electricity supply to KazMunayGas subsidiaries'.
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QatarEnergy is preparing to further extend force majeure on liquefied natural gas shipments through mid-October, according to people with knowledge of the matter.
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Equinor and its partners made a new oil discovery that they are now considering developing via existing infrastructure in the Johan Castberg field on Norway's side of the Barents Sea.
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Repsol reported EUR 1.84 billion in adjusted net income for the second quarter, up 207 percent year-on-year due to a spike in oil prices.
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Oil is rocketing towards $100 per barrel, adding more than $14 in just a week.
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TotalEnergies announced a dividend of EUR 0.9 per share for the second quarter, up 5.9 percent from the same three-month period last year, and a new share buyback program of up to $1.5 billion for Q3, as higher oil prices continue to lift earnings.
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UK Prime Minister Andy Burnham has selected his energy team.
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The militant group in Yemen, who have been threatening to open another front in the Iran war, said they had targeted two oil tankers in the Red Sea.
