Goldman Sachs Raises Oil Price Forecast Yet Again
Goldman Sachs once again raised its outlook for oil prices, now seeing Brent crude at an average of $90 per barrel in the fourth quarter of the year, and West…
IEA’s Birol Says Iran War Will Permanently Cut Into Future Oil Demand
International Energy Agency chief Fatih Birol says the Iran war has permanently changed the fossil fuel industry and will accelerate a shift toward renewables, nuclear power and electrification at the…
Gulf LNG shipping ‘last to recover’ in September
By 17 min ago 2 min read LNG carriers impacted by the Middle East war are expected to be the last to return to normal due to extremely high insurance…
Eni Misses Q1 Earnings But Lifts Buyback To €2.8 Billion
Italian energy major Eni reported first quarter adjusted net profit of €1.3 billion, below analyst expectations, as refining and chemicals weakness and heavy downstream maintenance weighed on results despite strong…
Baker Hughes Q1 Revenue Beats Estimates by $260 Million as LNG Orders Surge
Giant oilfield services company, Baker Hughes (NYSE:BKR), has reported robust first quarter results, with Q1 2026 revenue of $6.59B (+2.5% Y/Y) beating by $260 million; Q1 non-GAAP EPS of $0.58…
Analysis: Is neon the next rising gas concern?
Analysis: Is neon the next rising gas concern? Rare gases unease deepens despite stability | Specialty Gas News | gasworld By 46 min ago 1 min read Industry indicators suggest…
Canada Approves Enbridge’s $4 Billion Sunrise Gas Expansion
Canada has approved Enbridge’s C$4 billion Sunrise Expansion, clearing the way for a major buildout of British Columbia gas infrastructure that will add 300 million cubic feet per day of…
JPMorgan Says Oil Prices Still Have Further to Rise
JPMorgan says oil prices still have further to rise because the market has not yet forced enough demand out of the system to offset the supply loss from the Iran…
Trump Extends Jones Act Shipping Waiver Through August
The White House extended its Jones Act waiver by 90 days, keeping foreign-flagged tankers eligible to move crude, fuels and fertilizer between U.S. ports through mid-August. The waiver was on…
Baker Hughes wins LNG equipment award from QatarEnergy
By 4 min ago 1 min read Baker Hughes has received a major LNG equipment award from QatarEnergy for the main refrigerant compressor train and power generation packages across two…
