Equinor and Eneco have entered into a five-year contract for the supply of natural gas to the Netherlands, with deliveries beginning on 1 February this year. The agreement allows for annual volumes of up to 500 million cubic metres to be supplied to the Dutch gas grid. It involves gas that is produced and transported from the Norwegian Continental Shelf (NCS), which both companies said results in a lower greenhouse gas footprint compared to other sources available in Europe. In addition to gas deliveri ...

Geospace Technologies (NasdaqGS:GEOS) Q1 2026 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsBill Dezellem - Founder, President, and CIOMartin Lorenzen - InvestorRich Kelley - President and CEORobert Curda - EVP and CFOOperator Welcome to the Geospace Technologies First Quarter 2026 Earnings Conference Call. Hosting the call today from Geospace is Mr. Rich Kelley, President and Chief Executive Officer. He is joined by Mr. Robert Curda, the company's Chief Financial Officer. Today's call is ...

After striking a trade and investment deal with the United States last month, Taiwan plans to hike imports of U.S. LNG this year to have American gas account for about a third of its supply. “We plan to increase purchases of natural gas from the U.S. to 30%-33% this year from about 10% now,” Fang Jeng-zen, chairman of Taiwan’s state-held oil and gas company CPC Corporation, told reporters on Thursday, as carried by Reuters. Taiwan wants to buy more gas from the U.S. and will reduce imports from other s ...

NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- E.F. Hutton and Co. (“E.F. Hutton”), a leading investment banking and financial advisory firm, announced that it is serving as exclusive M&A advisor to Smartkem, Inc. (Nasdaq: SMTK) in connection with Smartkem’s proposed acquisition of Carbonium Core, Inc., a U.S.-based advanced materials company focused on the production of nuclear-grade graphite for next-generation reactor technologies. The proposed transaction is structured pursuant to a non-binding letter of i ...

Key Takeaways Shipping ETFs like BWET surged as geopolitical tensions lifted freight rates and boosted ton-mile demand.AI-led themes powered gains in BOTT, ASMH and FLKR amid strong robotics, chip and Asia tech momentum.Energy security bets and data center demand pushed uranium ETFs like URNM higher.Wall Street has delivered a moderate performance over the past month (as of Feb. 2, 2026). The S&P 500 has gained 1.1%, the Dow Jones has added 0.9%, the Nasdaq Composite has advanced 0.8%, while the Russell 200 ...

Core Insights - AleAnna's development plan is aligned with the European Union's strategy to phase out Russian natural gas imports, emphasizing the need for secure domestic energy sources in Italy [2][4][7] Group 1: Company Overview - AleAnna is focused on redeveloping Italy's onshore natural gas system and building a renewable natural gas (RNG) platform, controlling approximately 140,000 acres of 3D seismic data and 2.7 million acres of oil and gas concessions in Italy [6][9] - The company has drilled seven wells, including five at the Longanesi Field, which is Italy's largest onshore natural gas discovery in over two decades [9] Group 2: Development Plan Objectives - The plan aims to strengthen domestic Italian gas production in response to the EU's phase-out of Russian gas imports, reducing reliance on external suppliers [8] - AleAnna's projects are designed to enhance system resilience and price stability by adding secure domestic gas volumes during Europe's supply rebalancing [8] Group 3: Strategic Importance - The European Commission's regulation creates a policy-driven requirement for secure domestic supply, which AleAnna's development plan addresses through infrastructure-adjacent projects [7] - AleAnna's strategy supports energy sovereignty while adhering to responsible operational and environmental standards, aligning with EU policy objectives for RNG penetration by 2030 [8][9]

Energy Partnership with the US - Indian oil and gas companies are exploring investments in natural gas liquefaction facilities in the US to deepen energy partnership amid geopolitical volatility [1] - Indian firms are evaluating equity infusion in US gas liquefaction projects that are under construction or nearing final investment decision [2] - The US is India's sixth largest energy trade partner, with hydrocarbon trade exceeding $13.7 billion in fiscal year 2024-25, and both countries aim to increase bilateral energy trade to $20 billion [5] Collaboration with Japan - Indian oil and gas producers are exploring collaborations with Japanese E&P companies for joint bidding under the Open Acreage Licensing Policy (OALP) [4] - India invited Japanese oil companies to participate in the ongoing tenth round of auctions under the OALP, with ethanol and biofuels identified as key areas for partnership [6] - Major Japanese E&P companies such as INPEX Corporation, JAPEX, and JX Nippon Oil & Gas Corp are involved in these discussions [7] Technological Advancements - India and Japan discussed collaboration opportunities in automation, digitalization, AI-enabled predictive analytics, SCADA systems, and advanced instrumentation to enhance efficiency in oil and gas and new energy segments [8] - Yokogawa Electric Corporation has shown strong interest in enhancing investment in India [8] Investor Confidence - Global and domestic companies have expressed strong confidence in India's growth trajectory and are keen to expand their business presence in the country [9] - Prime Minister Narendra Modi interacted with CEOs of about 27 global and domestic energy giants, indicating strong engagement in the energy sector [10]

Core Insights - Cairn Oil & Gas, a subsidiary of Vedanta, has made a hydrocarbon discovery in the Ambe-2A appraisal well located in the Gulf of Cambay, off India's west coast [1][2] - The discovery is expected to enhance domestic gas production capabilities and contribute to India's energy security objectives [2][3] Exploration and Development - The Ambe block, covering an area of 728.19 km², was awarded to Cairn Oil & Gas during the DSF-III bidding round in September 2022, with the company holding a 100% participating interest [2] - Cairn Oil & Gas plans to drill two additional wells at the site as part of its ongoing exploration campaign [3] - The company aims to develop offshore blocks on both the East and West coasts, aligning with the Prime Minister's Samudra Manthan Mission to accelerate production from India's offshore reserves [4] Infrastructure and Technology - Cairn Oil & Gas has installed India's first sub-sea template as part of its conductor supported platform project, which is essential for supporting cluster drilling operations [5] - The company operates across 44 blocks in India, covering approximately 47,000 km², and has substantial reserves [5][6] - Cairn Oil & Gas targets to contribute 50% of India's domestic production through multifaceted exploration projects across both conventional and unconventional resources [6]

Geopolitical Landscape - The global geopolitical landscape is marked by heightened tensions, particularly regarding Iran and European energy security, with US President Trump warning Iran of severe consequences for future attacks [2] - The European Union is actively seeking alternative liquefied natural gas (LNG) supplies in response to perceived threats, emphasizing the need to diversify energy sources [3] Eastern Europe Diplomacy - Diplomatic efforts continue in Eastern Europe, with the Kremlin indicating readiness for a meeting with Ukrainian President Zelenskyy, highlighting ongoing discussions about a potential peace settlement [4] Market Reactions - European markets are reflecting global uncertainties, with the STOXX Europe 600 Index declining by 0.6%, driven by trade-war tensions and political concerns [5] - Deutsche Bank shares fell by 3% amid reports of prosecutors at its offices, adding to the scrutiny faced by the bank over past investigations [6] Tel Aviv Stock Exchange Developments - The Tel Aviv Stock Exchange (TASE) announced the launch of new indices on February 6, 2026, following a transition to a Monday-Friday trading schedule to align with international standards [7] Gen Z Work Ethic - A notable trend among Gen Z is a reduction in work effort due to perceptions that long-term financial goals are unattainable, reflecting disillusionment with the disconnect between effort and financial milestones [10]

Core Insights - Global instability is leading liquefied natural gas (LNG) buyers to prioritize energy security over pricing considerations, as stated by an executive from TotalEnergies [1] Industry Summary - The current geopolitical climate is influencing LNG purchasing strategies, with a shift towards ensuring reliable energy supplies rather than focusing solely on cost [1] - TotalEnergies emphasizes the importance of energy security in the context of fluctuating global markets and potential supply disruptions [1]