Geopolitical Tensions Drive Crude Oil Gains
Global oil prices rose for a fifth straight day. Geopolitical developments drove…
Shell and INEOS Announce New US Gulf Gas Discovery
Energy companies Shell and INEOS have announced a new natural gas discovery…
JAPEX Expands North American Presence with DJ Basin Acquisition
Japan Petroleum Exploration Co. (JAPEX) announced a significant acquisition. The company agreed…
Middle East Oil Market Experiences Downturn
The Middle Eastern oil market has experienced a weakening trend in recent…
Brent Crude Dips Below $60 as Supply Outpaces Demand
Brent crude has fallen below $60 per barrel. This marks the first…
U.S. Forces Pursue Sanctioned Oil Tanker Bound for Venezuela
On Sunday, U.S. forces initiated a pursuit of the oil tanker Bella…
EIA Adjusts 2025 Energy Consumption Forecast Upward
The U.S. Energy Information Administration (EIA) recently revised its projections for national…
TechnipFMC Secures Significant LNG Project Offshore Mozambique
TechnipFMC has secured a significant Engineering, Procurement, Construction, and Installation (EPCI) contract…
Russian Black Sea Port Hit by Drone Attack
Russian authorities have confirmed a drone attack targeting the Black Sea port…
Global Oil Prices Rise Amid Intensified Venezuela Sanctions
Global crude oil prices recently saw an increase. This upward movement stemmed…