Industry News

Crude oil markets are holding firm in a geopolitically driven but macro-sensitive environment, Naeem Aslam, CIO at Zaye Capital Markets, said.

National Grid and Iberdrola awarded a GBP 3 billion ($3.96 billion) contract to Siemens Energy for Eastern Green Link 4 converter stations.

An Iranian drone hit a fully laden Kuwaiti oil tanker off Dubai in one of the most significant attacks on a vessel in a month of war, pushing crude prices higher and heightening tension around the vital Strait of Hormuz.

'NEO NEXT+ becomes the largest independent oil and gas producer on the UK continental shelf with an expected 2026 production of over 250,000 barrels of oil equivalent per day'.

The U.S. Embassy in Venezuela is formally resuming operations Monday.

Traders brace for further upside as geopolitical tensions intensify.

'The Trump EPA has removed 'renewable electricity' from the RFS program; once again taking action to end the efforts to push EVs onto the American people'.

Treasury Secretary Scott Bessent indicated optimism about a reopening of the Strait of Hormuz for passage of cargo ships.

North America dropped 33 rigs week on week, according to Baker Hughes' latest North America rotary rig count.

Executives from oil and gas firms have revealed where they expect the Henry Hub natural gas price to be at various points in the future in the first quarter Dallas Fed Energy Survey.

EDF bagged a 12-year deal to deliver nuclear electricity to TotalEnergies's refining and chemical sites in France.

'The conflict is no longer concentrated in the Persian Gulf and around the Strait of Hormuz', J.P. Morgan analysts warned.

OMV and ADNOC named NOVA Chemicals resident and chief executive Roger Kearns as CEO of Borouge Group International, set for launch this March as a consolidation of ADNOC and OMV's polyolefins businesses.

The decrease was due to lower refined oil products output and overseas gas production, as well as declines in realized prizes for crude, refined products and polyethylene.

The U.S. president said Iran 'gave' the U.S. most of the 15 demands it issued to Tehran to end the war, even as it remains unclear whether either side is negotiating.

The expected delay is 'due to construction issues at the third-party feedstock supply facility'.

A Greek shipowner sent another oil tanker outbound through the Strait of Hormuz.

The United Arab Emirates has been ramping up oil exports from a vital port that lies outside the Strait of Hormuz.

Brent and WTI rallied sharply with traders pricing in prolonged conflict and supply risk.

Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the future in the first quarter Dallas Fed Energy Survey.