Goldman Says US-Iran Escalation Could Slow Recovery in Gulf Oil Supplies

(Reuters) – Goldman Sachs said the latest strikes in the Strait of Hormuz could slow the ramp-up in Middle East oil production, while the cancellation of the U.S. sanctions waiver…

Iran Says it Hits US Military Targets in Gulf, Prepares to Bury Slain Leader

(Reuters) – Iranian armed forces targeted U.S. military infrastructure in neighbouring Gulf states on Thursday following U.S. strikes on Iran’s southern coastal and eastern provinces, putting further strain on a…

Strategic Oil Reserve Buying Set to Support Crude Demand Through 2028

(Reuters) – Governments are set to buy millions of barrels of oil through 2028 to rebuild emergency reserves depleted by drawdowns to plug a gap in global supply caused by…

BP CEO Says Oil Giant Needs to Make ‘Fewer and Better’ Choices

Meg O’Neill’s decision to simplify the company’s structure is helping BP’s response to the disruption caused by the Iran war By Mitchell Ferman BP PLC’s new chief executive acknowledged that…

  • Gas
  • July 9, 2026
Nuada deploys capture facility to advance Europe’s biogenic CO2 market

By 39 min ago 4 min read UK-based carbon capture company Nuada has partnered with French energy infrastructure group IDEX to deploy one of Europe’s first industrial-scale biogenic carbon dioxide…

Hormuz Tanker Traffic Stops

In a market update sent to Rigzone on Wednesday by Rystad Energy, Jorge Leon, Head of Geopolitical Analysis at Rystad, noted that tanker traffic through the Strait of Hormuz had…

  • Gas
  • July 9, 2026
Axpo injects first biomethane into Italian grid

By 29 min ago 3 min read Swiss renewable energy company Axpo has injected the first gas produced by its biomethane plant in Grottole, southern Italy, into the country’s national…

  • Gas
  • July 9, 2026
CI4C launches Europe’s first pure oxyfuel cement R&D plant

By 48 min ago 2 min read European research firm Cement Innovation for Climate (CI4C) has started operations at Europe’s first pure oxyfuel cement research and development (R&D) facility, targeting…

  • Gas
  • July 9, 2026
Africa’s Angola LNG enters 32-day maintenance shutdown

By 59 min ago 1 min read Monthly liquefied natural gas (LNG) production and cargo loadings at Africa’s $12bn Angola LNG plant will be cut by around 80% as it…

  • Gas
  • July 9, 2026
Baker Hughes wins three Sabine Pass LNG contracts

By 12 hours ago 2 min read Energy technology firm Baker Hughes has won three contracts relating to Cheniere’s Sabine Pass LNG facility in Cameron Parish, Louisiana. The awards, booked…