Exxon Looks to Ditch New Jersey Incorporation for Texas Homecoming
Summary Exxon is latest high-profile company moving to Texas for business-friendly environment New Jersey sued Exxon and others over climate change; suit dismissed Incorporation in Texas may aid Exxon in…
Oil Sinks 7% as Trump Predicts Middle East De-Escalation
Summary Oil prices fall after topping $119 a barrel on Monday Trump predicted the war in the Middle East could be over soon G7 ready to act on oil surge…
Market Spinning After ‘Most Epic Price Reversal in Oil History’
The market is spinning after the most epic price reversal in oil history, Phil Flynn, a senior market analyst at the PRICE Futures Group, told Rigzone on Tuesday. “Rising hopes…
Iran Warns No Oil Will Leave the Middle East Until U.S. and Israeli Attacks Stop
Iran has warned that “not a litre” of oil will be exported from the Middle East until the United States and Israel stop bombing it. The warning comes on the…
Saudi Aramco Profits Fall 12% to $104.7 Billion as Oil Prices Weigh
Saudi Aramco reported net profits of $104.7 billion for 2025, down by 12% on the year amid persistently low oil prices last year. The company also said it would buy…
China Boosted Oil Imports Nearly 16% in Early 2026
Crude oil imports into China climbed 15.8% over the first two months of the year, with the information likely to continue to a reversal of the recent decline in oil…


Iraq Shuts Down Khor Mor Gas Field Amid Security Threats
EU Sets Target To Double Electrification Rate, Cut Oil & Gas Use
Chevron Moves Closer to Iraq’s Biggest Oil Prize—and a Hormuz Exit Strategy
Oil Prices Set for Biggest Weekly Surge Since April as Iran War Escalates
Pakistan Plans Fresh LNG Purchases Amid Strait of Hormuz Shutdown
Iran-Linked LPG Tankers Turn Back as U.S. Blockade Tightens
Libya Declares Major Oil Discovery Commercial as Production Revival Gains Pace
Japan’s LNG Giant Weighs U.S. IPO to Accelerate Global Expansion
South Korea Bets on Red Sea Route as Hormuz Disruptions Persist
China Seeks Long-Term LNG Deals Beyond the Strait of Hormuz







