19 Feb Energy Price, news and expert commentary/ WTI Crude $66.52/bbl, Bonny Light $73.98/bbl,
(Oilandgaspress) Oil prices up as U.S.–Iran talks unresolved. The US military will be ready for a possible attack on Iran from Saturday, senior national security officials have told President Donald Trump, according to multiple US media reports. Crude oil inventories in the United States decreased by 9 million barrels during the week ending February 13, according to new data from the U.S. Energy Information Administration (EIA) released on today.
| Oil and Gas Blends | Units | Oil Price | Change |
| Crude Oil (WTI) Oilprice | USD/bbl | $66.52 | Up |
| Crude Oil (Brent) | USD/bbl | $71.61 | Up |
| Bonny Light 19/02/26 CBN | USD/bbl | $73.98 | Up |
| Dubai | USD/bbl | $67.05 | — |
| Natural Gas | USD/MMBtu | $3.02 | Up |
| Murban | USD/bbl | $71.97 | Up |
| OPEC basket 18/02/26 OPEC | USD/bbl | $67.03 | Up |
| At press time February 19, 2026 . |
Bentley Motors has announced that it will use Sustainable Aviation Fuel (SAF) for all customer car airfreight movements worldwide. The commitment applies immediately and represents a significant step forward in Bentley’s global logistics decarbonisation strategy. By switching to SAF in cases where flights are essential, Bentley is significantly reducing emissions associated with air transport while maintaining the high levels of service expected by its customers.
Airfreight will always be a carefully controlled part of Bentley’s global logistics network and is used only when customers request, time-critical or market requirements make it necessary, but when it is required, it must be delivered in the most responsible way possible. As air transport produces significantly higher emissions than sea transport, the move to certified SAF represents a major step in reducing the environmental impact of these essential movements. Related News
With thousands of litres of highly refined, and specifically formulated hydrocarbons flowing around a vessel at any one time, lubricating oils are the lifeblood of maritime operations, supporting a wide variety of applications. Reducing friction, avoiding metal to metal contact, providing cooling and keeping components free of deposits and contamination, lubricating oils are required to perform a wide range of duties. To ensure that this is the case, all approved lubricants are rigorously tested and must pass performance thresholds outlined by the Original Equipment Manufacturer’s (OEM’s), culminating in viscosity, Base Number and other parameters that must be achieved by the “fresh” product prior to use.
As the lubricating oils circulate throughout the systems and engines onboard, these values can and will change, based upon the harsh temperature changes, mechanical wear and external contamination through the environment, or other fluids, entering the system. The typical oil analysis testing regimes per equipment are setup to monitor and steward this amongst equipment classes, with samples routinely taken on a quarterly, six-monthly or annual basis depending upon the demands of the equipment and stress the application places on the lubricant. As engines and equipment continue to push for greater efficiency, ensuring the lubricant can keep up with these demands, maintaining expected drain or refill intervals is critical to operating a vessel efficiently. This places a greater importance on purification and filtration systems onboard.
The following whitepaper shares insights from VPS’ extensive database of lubricant oil results, providing actionable best practices to extract maximum value and longevity from circulating systems, monetising the purifier systems onboard. Related News
Climate change is usually assessed in scientific terms – rising temperatures, sea levels and carbon emissions. But increasingly, it can also be measured in household bills – higher insurance premiums, steeper energy charges and growing costs to protect homes, travel and health. So when US President Donald Trump said recently that abandoning a key government ruling on greenhouse gases would make cars cheaper for Americans, he was focusing on a tiny piece of a huge picture. .Related News
Climate change impacts threaten the stability of the US housing market. In response to growing concerns that increasing costs of flooding are not fully captured in property values, we quantify the magnitude of unpriced flood risk in the housing market by comparing the empirical and economically efficient prices for properties at risk. We find that residential properties exposed to flood risk are overvalued by US$121–US$237 billion, depending on the discount rate. In general, highly overvalued properties are concentrated in counties along the coast with no flood risk disclosure laws and where there is less concern about climate change. Low-income households are at greater risk of losing home equity from price deflation, and municipalities that are heavily reliant on property taxes for revenue are vulnerable to budgetary shortfalls. The consequences of these financial risks will depend on policy choices that influence who bears the costs of climate change. Related News
The United States would consider dropping out of the International Energy Agency (IEA) if it continues to pursue a climate agenda of reaching emissions neutrality by 2050, US Energy Secretary Chris Wright told a panel on the sidelines of the IEA’s ministerial meeting on Thursday. Wright said the world doesn’t need “another climate advocacy organisation” suggesting the Paris-based IEA should instead focus on its original mission, centered on energy security. “If the IEA goes back to what it was, which was a fabulous international data reporting agency, getting into critical minerals and focusing on big energy issues, we’re all in on that. But if they insist that it’s so dominated and infused with climate stuff we’re out,” Wright said.
He suggested that several data reporting agencies “distort” their findings, adding that the world has “plenty of climate advocacy organisations” Related News
Centrica reported a sharp fall in profits as warm weather allowed British Gas customers to turn down their thermostats, and more households switched to cheaper fixed-price deals. It also suspended share buybacks, causing its shares to slump. British Gas reported lower profits for 2025 despite modest growth in its customer base after milder than expected weather meant households used less gas and electricity.
Shares in Centrica fell just over 5% after the company told shareholders it would suspend share buybacks while it channels investment into areas that could deliver more predictable returns in the future. Centrica reported adjusted earnings of £1.42bn for 2025, down from £2.3bn the year before. Related News
The Board of Directors has proposed an upgrade to ADNOC Drilling’s dividend policy, which will be presented for approval at the next Annual General Assembly (AGM), further reinforcing the Company’s unique position as one of the most attractive dividend and growth opportunities on the Abu Dhabi Securities Exchange (ADX).
FY25 Dividend Floor: $1.0 billion (c. 23 fils per share), marking a ~27% increase year-on-year
Quarterly Distributions first half of 2025: $217 million (c. 5 fils per share) already distributed for each of 1Q25 and 2Q25.
Special Payment: an additional $66 million (c. 1.5 fils per share) already distributed.
3Q25 dividend of $250 million (5.7 fils per share) already distributed.
4Q25 Dividend Recommendation: on February 11, 2026, in line with the dividend policy, the Board of Directors recommended a fourth quarter 2025 dividend of $250 million (around 5.7 fils per share), expected to be paid in the second half of April 2026, and subject to shareholder approval at the upcoming Annual General Meeting.
FY26 Dividend Guidance: annual dividend floor of $1.05 billion to be paid quarterly, representing a 5% year-on-year growth
Long-Term Growth Commitment: at least 6 years of committed dividend floor under the new policy (until at least 2030)
Committed dividend floor of at least $6.8 billion (c. AED1.6 per share) over 2025–2030 Related News
ADNOC Drilling Company PJSC announced record fourth quarter (“4Q”) and full year (“FY”) 2025 results, marking a step change in scale, technology-enabled performance and excellence in execution. This performance represents the strongest in the Company’s history, reflecting high asset utilization and continued growth across integrated drilling and oilfield services (“OFS”), and driven by strong operational execution across the fleet.
FY 2025 Highlights: Growth, Resilience and Momentum
Revenue: $4.9 billion, +22% year-on-year (YoY)
EBITDA: $2.2 billion, +9% YoY
Net Profit: $1.45 billion, +11% YoY
Free Cash Flow (excl. M&A): $1.47 billion, +62% YoY
Return on Equity (ROE): 35%
Total 2025 Dividend: $1 billion
- FY 2025 results translated this momentum into record profitability and cash generation, driven by sustained rig utilization, resilient long-term contracts and accelerated adoption of AI-powered technologies across the fleet. Industry-leading ROE, resilient free cash flow and visible revenue coverage enabled ADNOC Drilling to convert scale into shareholder returns, while supporting ADNOC’s production capacity growth through faster well delivery, lower unit costs and advanced technology deployment. Related News
The Energy Support Fund, funded by British Gas and distributed by independent charity the British Gas Energy Trust, offers grants of up to £2,000 to help households with energy debts. The fund is available to eligible British Gas customers with credit or prepayment meter accounts across England, Scotland and Wales.
British Gas is urging households who may be struggling with their energy bills to check whether they are eligible for support from the British Gas Energy Trust. Funding for the Energy Support Fund forms part of British Gas’s wider voluntary support package for customers and communities across the country – the largest of its kind in the energy market. Related News
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OilandGasPress Energy Newsbites and Analysis Roundup | Compiled by: OGP Staff, Submit your Releases or contact us now!, victor@oilandgaspress.com
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