US Treasury expands Iran sanctions as 'economic D-Day' campaign escalates
The Trump administration detailed its 'economic D-Day' secondary sanctions campaign against Iran, threatening foreign firms with exclusion from US financial sys
Oilprice.com · +2 outlets
Iran blacklists 45 tankers at Strait of Hormuz in retaliation against US sanctions
Iran retaliated against Washington's looming 'economic D-Day' by blacklisting 45 oil, LNG, LPG and product tankers using the Strait of Hormuz, threatening fines
Oilprice.com
Houthis target Saudi oil tanker Amzan in Red Sea missile and drone attack
Yemen's Houthis attacked the Saudi oil tanker Amzan in the Red Sea with a ballistic missile and drones, confirmed by Saudi Arabia.
Oilprice.com · +1 outlets
TotalEnergies backs two major oil pipelines to bypass Strait of Hormuz
TotalEnergies will invest in two pipelines designed to bypass the Strait of Hormuz, supporting Abu Dhabi's Fujairah export route and a planned pipeline from Ira
Oilprice.com
China oil demand 'very likely' peaked in 2025, says Sinopec
China's oil demand probably peaked last year, earlier than previous estimates, according to the head of Sinopec, the nation's top refiner.
Rigzone.com
Iran-linked cyberattack tests Britain's energy defenses
Hackers linked to the Iranian regime carried out an attack on a UK energy facility that was shut down for four days, believed to be the first successful Iranian
Oilprice.com · +1 outlets
Goldman Sachs says Europe needs much higher gas prices to secure winter supply
Goldman Sachs warned that natural gas prices in Europe must jump by December to fill storage for winter if the Strait of Hormuz crisis persists and keeps Asian
Oilprice.com
Equinor signs 15-year gas supply deal with Uniper for Germany
Equinor signed a 15-year agreement with Uniper to supply over 30 terawatt hours per year of natural gas to Germany.
Rigzone.com
Norway warns oil and gas output could collapse after 2030
Norway's Offshore Directorate warned that oil and gas production is outpacing new resource discoveries, raising the risk of a steep decline after 2030.
Oilprice.com
Russia scrambles to restore fuel supplies as refineries resume operations
Russia is rushing to ease concerns over worsening fuel shortages as refineries resume operations after Ukraine intensified drone attacks on refining capacity.
Oilprice.com · +1 outlets
Venezuela's oil revival slower than US hoped
Months after the US captured Nicolas Maduro, major American oil firms have not returned to operating fields in Venezuela, the world's largest oil reserves holde
Oilprice.com
ExxonMobil warns of looming decline at Kazakhstan's top oilfield Tengiz
ExxonMobil is seeking to invest billions in a new project at Kashagan to cushion a production slide at Tengiz, Kazakhstan's top oilfield.
Rigzone.com · +1 outlets
Iran announces discovery of 7.5 trillion cubic feet of natural gas
Iran announced it discovered more than 7.5 trillion cubic feet of natural gas.
Rigzone.com
US accuses more than 40 countries of helping China evade tariffs
The US has named over 40 countries, including Azerbaijan, Georgia, Kazakhstan and Uzbekistan, as alleged accomplices in helping China engage in tariff evasion s
Oilprice.com · +1 outlets
US leaves Europe behind in critical minerals race
The US is investing billions in securing non-Chinese critical mineral supply, while Europe's central government hesitates and loses time.
Oilprice.com
Santos and Gladstone LNG partners to acquire Greater Meridian CSG project
Santos said the acquisition of the Greater Meridian CSG project converts a long-standing supply relationship into equity production for the GLNG facility.
Rigzone.com · +1 outlets
Europe's biogas plants could become fertilizer factories
A proposal suggests Europe's biogas plants could be repurposed to produce fertilizer, reducing dependence on natural gas-based ammonia.
Oilprice.com
Texas oil regulator elects new chairman
The Texas Railroad Commission elected a new chairman.
Rigzone.com