Rystad Issues Oil Warning
Valero Prepares to Restart Massive Texas Refinery After Explosion
Russia’s Vital Baltic Oil Hubs Crippled by Ukrainian Drone Campaign
China’s Top Shipper Resumes Middle East Trips Amid Iran Ceasefire Talks
Centrica partners with Ceres Power on solid oxide fuel cells
Ensus plant to reopen after £100m UK government funding boost
US Tracking Closely How to Get Oil Tankers Through Strait of Hormuz, White House Says
Freeport CEO Says Iran War Energy Disruptions Could Delay New US LNG Projects
CERAWeek UPDATE: US Shale Firms Unlikely to Drill at $100 a Barrel Unless High Prices Last Longer, Executives Say
Goldman Sachs Raises Oil Price Forecast as Middle East Conflict Escalates
Goldman Sachs has once again revised its oil price outlook, now expecting Brent crude to trade at $71 per barrel in the final quarter of the year, and WTI to…
Oil Market Shrugs Off 400MM Barrel IEA Reserve Release
In a market comment sent to Rigzone on Thursday, Aaron Hill, Chief Market Analyst at FP Markets, highlighted that the oil market “shrug[ged]… off [the] International Energy Agency reserve release”…
Iran Warns Oil Could Hit $200 per Barrel as Hormuz Threat Escalates
Oil markets are bracing for an even bigger potential price shock with Iran on Wednesday warning that crude could surge to $200 per barrel if the war involving the U.S.…
Iranian Drone Strike Hits Oman’s Largest Oil Storage Facility
Iranian drones struck oil storage facilities at the Port of Salalah in Oman on Wednesday, marking the latest attack on Gulf energy infrastructure as the regional war expands into a…
Trump to Invoke Emergency Law for California Oil Producer Sable, Bloomberg News Reports
(Reuters) – U.S. President Donald Trump plans to invoke emergency law for Sable Offshore as it looks to restart production from a cluster of offshore platforms in California, Bloomberg News…
US Companies to Increase Oil Production Amid Iran Conflict, Interior Secretary Burgum Says
(Reuters) – U.S. Interior Secretary Doug Burgum said on Wednesday that U.S. oil companies will soon announce increased production amid price spikes due to the ongoing Iran conflict. “I think…
Only Trump Can Approve Possible US Participation in Oil Release, Says Burgum
(Reuters) – U.S. Interior Secretary Doug Burgum on Wednesday welcomed the International Energy Agency’s move to release 400 million barrels of oil, but said only President Donald Trump could approve…
