Trump Promises Israel Won’t Repeat Strike on Key Iranian Gas Field
President Trump has said Israel will not target Iranian gas infrastructure again, after “lashing out” and striking a processing facility at the world’s biggest natural gas field. If Iran retaliated…
Oil Prices Could Hit $150 If War Continues Through End of March
Oil prices could soar to $150 per barrel or more if the Middle East war continues until the end of March, Kpler says, as the conflict escalates with Iran intensifying…
Iran Strikes Saudi Red Sea Refinery as Oil Threats Escalate
The Samref refinery in Saudi Arabia’s Red Sea coastal city of Yanbu was the target of an aerial attack early on Thursday, with minimal impact on operations, an industry source…
Asian Imports of Russian Fuel Oil Are Set to Hit a Record High
Asian fuel oil imports from Russia are on course to reach an all-time high this month, shipping data from Kpler and LSEG has shown, as reported by Reuters. Total volumes…
Leaders Urge UK Gov to Prioritize Homegrown Energy
A statement sent to Rigzone by industry body Offshore Energies UK (OEUK) on Wednesday announced that leaders from across industry, academia, and civic society are “urging the UK government to…
Oil Prices Hit $112 as Iran Expands Strikes on Gulf Energy Sites
Oil prices climbed sharply in early Asian trading on Thursday as the Middle East conflict continued to escalate and energy infrastructure was targeted across the Gulf. At the time of…
Carney’s Climate Strategy Hits Snag With Alberta Carbon Deal
Canada’s federal government and the oil-producing province of Alberta aren’t expected to reach a deal on carbon pricing by their self-imposed April 1 deadline amid complicated negotiations, sources in the…
