Saudi Aramco has asked Asian buyers to nominate crude loading plans for both its Gulf and Red Sea ports as the Strait of ...
Despite deep military coordination in the war against Iran, the United States and Israel appear to have differing priorities ...
A cargo vessel caught fire after being struck by an unknown projectile in the Strait of Hormuz, underscoring escalating risks ...
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 full-scale ...
The International Energy Agency (IEA) and its member nations have agreed to release a record 400 million barrels of oil from strategic reserves in an attempt to stabilize global energy markets ...
The European Union is considering capping natural gas prices and other emergency relief measures as a Middle East conflict and supply disruptions cause a massive spike in energy costs across the ...
The G-7 group of the world’s most advanced economies support in principle the idea to release strategic petroleum reserves to calm the market as supply from the Middle East is choked at the Strait of ...
REalloys said the Defense Logistics Agency has awarded a contract to Terves LLC to scale next-generation production of ...
Crude oil inventories in the United States increased by 3.8 million barrels during the week ending March 6, according to new data from the U.S. Energy Information Administration (EIA) released on Wedn ...
Follow This and a coalition of institutional investors are threatening legal action after BP refused to include a shareholder resolution demanding disclosure on how the company plans to create value ...
Following a halt in production at its major complex due to drone strikes, Qatar’s LNG shutdown has prompted major energy traders like Shell and TotalEnergies to declare force majeure, disrupting ...
Shipping companies are avoiding Fujairah amid escalating regional conflict, forcing ADNOC to resell canceled oil cargoes on the spot market while Middle Eastern producers cut output due to blocked ...