129 Gulf Platforms Evacuated as Isaias Gets Stronger
(Update) October 9, 2026, 7:01 PM GMT+1: Article updated throughout. In a statement sent to Rigzone on Friday, the Marine Minerals Administration (MMA) revealed that personnel had been evacuated from a…
Lessons from Covid: Achieving resilience in medical oxygen supply
By 31 min ago 3 min read Medical oxygen reliability is significant when usual healthcare infrastructure becomes limited or unavailable, raising the question of how to build resilience within the…
Asian Refiners Ditch U.S. Oil as Supertanker Rates Hit $82 Million
The record-high freight costs refiners have to pay to receive a cargo of crude oil from the U.S. Gulf Coast have effectively shut the arbitrage to Asia, with refiners in…
Hormuz Crisis Leaves EU Gas Storage Short Heading Into Winter
Historically low levels of natural gas in storage sites for this time of year could leave the European Union with a gas shortfall in the winter and could force the…
Australia Close to Finalizing Gas Reservation Plan for LNG Exporters
The Australian government will introduce next week a bill setting the final rules in the so-called Domestic Gas Reservation Scheme, which will require LNG exporters to keep up to 20%…
US DOW awards conditional $1.5bn loan to bandgap semiconductor firm
By 36 min ago 2 min read US silicon carbide (SiC) firm Wolfspeed has secured a conditional loan commitment of up to $1.5bn from the US Department of War (DOW)…
121 Gulf Platforms Evacuated as Isaias Gets Stronger
In a statement sent to Rigzone late Thursday, the Marine Minerals Administration (MMA) revealed that personnel had been evacuated from a total of 121 production platforms in the Gulf, based…
Venture Global Loses LNG Arbitration to Portugal’s Galp
A court has ruled that Venture Global breached its contract with Portugal’s Galp in the second unfavorable ruling for the U.S. LNG major. Galp was one of half a dozen…
China Restarts Fuel Exports
China has decided to restart exports of fuels, after a one-week suspension. This should bring some relief to fuel markets, and especially diesel markets, where prices are running at record…
Brent Holds Above $100 as Hormuz Tanker Traffic Hits Two-Month Low
Crude oil prices were on course to book a weekly gain earlier today amid a flurry of tanker attacks in the Strait of Hormuz—and outside it, too. Reports citing President…
