Iran Peace Hopes Fade as Trump Scraps Talks
Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday, as efforts to revive talks stalled and both Tehran and Washington showed little sign of softening…
Trump Tells Fox News Iran Can Call US if it Wants to Negotiate
President Donald Trump said on Sunday that Iran can reach out to the United Stated if it wants to negotiate an end to the war between the two countries. “If…
SLB, Baker Hughes See Oil Exploration Spending Rising as Iran War Disrupts Supply
(Reuters) – Top oilfield services companies SLB and Baker Hughes said on Friday they expect higher spending on oil exploration and production, as tighter global supplies driven by the Middle…
Amber Energy Says it Will Invest $11 Billion in Citgo if Sale is Finalized
By HOUSTON, April 24 (Reuters) – Amber Energy CEO Greg Goff promised $11 billion in investments in Citgo Petroleum if the U.S. Treasury Department’s Office of Foreign Assets Control releases…
Oil Prices End Volatile Session Mixed But Up Sharply for the Week on Supply Worries
By and Iran to make offer aimed at satisfying US demands, Trump tells Reuters Trump to send Witkoff and Kushner to Pakistan for Iran talks, CNN reports WTI falls on…
US Drillers Add Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says
(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed…
US Exporters are Plugging a Qatar-Sized LNG Supply Hole – For Now: Maguire
tanker (Reuters) – U.S. LNG exporters have so far offset the drop in shipments from Qatar following Iranian attacks on its facilities and the closure of key Middle East shipping…
US Imposes Sanctions on Chinese Teapot Refinery for Buying Iranian Oil
By US targets Hengli Petrochemical and 40 firms, vessels for helping Iran sell oil Sanctions aim to restrict Iran’s oil exports Experts say targeting Chinese banks would have greater effect…
S&P Global Announces New Strategic Direction for Upstream Energy Business
Divests its geoscience and petroleum engineering software portfolio to global technology firm SLB in order to sharpen focus on proprietary data and insights Launches Titan, a new customer facing AI-powered…
SLB Quarterly Profit Slips as Iran War Dents Middle East Oilfield Activity
The entrance to oilfield service provider SLB’s office in Houston, Texas, showing the former Schlumberger’s new name and logo, is seen in this handout image taken June 2023. Courtesy of…
