US Energy Firms Add Rigs for Fourth Week in a Row, Says Baker Hughes
Oil Prices Settle Lower on Hopes for Smoother Shipping in Strait of Hormuz
US Issues Fresh Iran-Related Sanctions, Website Shows
IEA Cuts Russia’s Oil Production Forecast Due to Ukrainian Attacks
US Natgas Falls 4% to 8-Week Low on Milder Weather Outlook, Lower LNG Export Flows
Helium projects need partnerships from ‘day one’ to meet global deficit
Oil Prices Set for Weekly Gain as Hormuz Tensions Escalate
India Expands Strategic Oil Reserves With New ONGC Storage Plan
More LNG Carriers Brave the Strait of Hormuz Despite Renewed Hostilities
Fuel Refining Margins Hit Record Highs as Markets Tighten
Bulgarian repository officially opened
According to the Ministry of Energy the new national repository will consist of 66 reinforced concrete structures with a total capacity of 19,000 containers – or 138,200 cubic metres – of…
Iran Showing Signs of Capitulating Over Strait Of Hormuz
Iran may halt its own oil shipments through the Strait of Hormuz for several days. Tehran is weighing a short-term pause to avoid testing the U.S. naval blockade just days…
Iran War Sends Chinese EV and Battery Exports Soaring in Q1
China saw its lithium battery exports jump by 50% in the first quarter from a year earlier as global demand for green technologies surged amid the worst disruption to oil…
Investors See Oil Below $90 a Barrel by Year-End, BofA Survey Finds
A plurality of investors expect benchmark Brent oil to trade between $80 and $90 a barrel by the end of this year, according to a BofA survey of fund managers…
US Power and Natgas Prices Turn Negative in Texas and California as Mild Weather Cuts Demand
By Pipeline constraints in Permian region trap gas, causing record negative Waha Hub prices California power and gas prices turn negative amid low demand and abundant hydropower NWRFC projects above-normal…
BP’s New CEO to Simplify Company Structure into Upstream, Downstream Units
By BP had upstream/downstream structure before 2020 transition push No clear timeline set yet for reorganisation Meg O’Neill became CEO on April 1 LONDON, April 14 (Reuters) – BP (BP.L)…
BP Flags Exceptional Oil Trading Profit as Middle East War Drives Q1 Volatility
BP expects to have booked an “exceptional” oil trading result for the first quarter of 2026, amid the extreme volatility in prices since the war in the Middle East began.…
HSBC Sees A U.S.-Iran Deal As Key To Restoring Oil and Gas Flows
A peace deal in the Middle East is key to restoring global energy flows, and the sooner it could be achieved, the less negative economic impact it would have on…
ANZ Raises Brent Forecast to $90 as Hormuz Blockade Removes 10 Million Bpd
Brent crude prices will remain above $90 per barrel through the end of this year as the war continues to cut off supply from the Middle East, analysts at Australia-based…
Nomura: Full U.S. Blockade Could Cut Off Another 2.3 Million Bpd Oil Supply
Oil supply from the Middle East could drop by another 2.3 million barrels per day (bpd) if the U.S. were to completely block the Strait of Hormuz, according to bank…
