Shell Expects ‘Significantly Higher’ Oil Trading Profits in Q1

Shell expects its adjusted earnings in marketing and oil trading for the first quarter to be “significantly higher”, the UK-based supermajor said in a trading update on Wednesday in a…

Queensland Looks to Fast-Track Australia’s First New Oilfield in 50 Years

The state of Queensland on Wednesday urged Australia’s federal government to fast-track the approval of the Taroom Trough project that would see the first new oil development project the country…

  • Gas
  • April 8, 2026
Korea research team develops catalyst tech to boost CO2 conversion efficiency

Researchers at the Korea Advanced Institute of Science and Technology (KAIST) have developed a new electrode design that improves the efficiency and selectivity of carbon dioxide electroreduction – a technology…

Trump Says US Will Help With Traffic Buildup in Strait of Hormuz

U.S. President Donald Trump said on Wednesday the United States will help with the buildup of shipping traffic in the Strait of Hormuz. Trump on Tuesday agreed to a two-week…

NOT OUT OF THE WOODS YET: Iran Ceasefire Provides Hope, But Physical Oil Markets to Remain Stressed: Russell

A planned two-week ceasefire between the United States and Iran and negotiations to end their conflict may mark the first genuine attempt to de-escalate, but there’s still much to be…

Oil Tumbles Below $100 After Trump Announces Two-Week Ceasefire

Summary Iran says it will open up Strait of Hormuz for two weeks if attacks stop Trump says Iran has offered a 10-point peace proposal Uncertainties still create room for…

Investor Reactions to Trump Agreeing to Two-Week Ceasefire With Iran

U.S. President Donald Trump said on Tuesday that he had agreed to a two-week ceasefire with Iran, less than two hours before his deadline for Tehran to reopen the Strait…

Iran War Ceasefire Pushes Energy Markets Into Twilight Zone: Bousso 

A ceasefire in the Iran war will deliver badly-needed relief to economies battered by the world’s worst ever energy crisis, but hopes the truce will quickly restore normal oil and…

Exxon Signals Q1 Upstream Profit Bump From Iran War, Downstream Boost in Later Quarters

Summary Upstream earnings could gain from higher oil and gas prices Exxon to release full Q1 results on May 1 Downstream earnings hit by timing effects, but Exxon expects profits…

China’s Teapot Refiners Rush to Secure Iranian Crude as Oil Prices Slide

China’s independent refiners are looking for prompt Iranian crude cargos after Beijing issued the latest batch of quotas for oil imports and after international prices took a plunge following the…