Brazos Midstream to expand Midland Basin gas-gathering system

19 February 2026
Brazos Midstream has announced that it was “significantly” expanding its natural gas gathering and processing system in the Permian’s Midland sub-basin.

Ovintiv to sell Anadarko Basin assets for $3.0bn

19 February 2026
Denver-based Ovintiv has agreed to sell its Anadarko Basin assets in Oklahoma to an unnamed buyer for $3.0bn in cash.

Slovakia declares oil emergency and cuts fuel supplies to Ukraine

19 February 2026
The Slovak cabinet of populist Prime Minister Robert Fico has declared an oil emergency and the country’s key refinery, Hungarian MOL-owned Slovnaft cut fuel exports to Ukraine to keep its products only for the domestic market.

Hungary cuts fuel supply to Ukraine, accuses Kyiv of political blackmail by delaying resumption of crude deliveries

19 February 2026
Hungary has accused Ukraine of trying to create an oil crisis by deliberately delaying the restart of Druzhba pipeline deliveries, a move Budapest claims is direct interference in Hungary's upcoming general election.

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