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Crude Oil Prices
Middle East

Oil prices flat as Trump’s plan for Strait of Hormuz fails to calm market

Brent crude is largely unmoved by Trump’s announcement of the operation, dubbed ‘Project Freedom’. Oil prices have failed to ease…
Santos eyes restart of Australia’s huge gas project next week
Australia

Problems again stall production from Santos’ $6.8b Barossa LNG

Santos is battling blocked heat exchangers, failed subsea valves, and faulty safety doors 285km north of Darwin so it can…
Fast-tracking approvals process key to unlocking Australia’s new oil & gas projects
Australia

Fast-tracking approvals process key to unlocking Australia’s new oil & gas projects

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has applauded a commitment to stable policy…
Santos eyes restart of Australia’s huge gas project next week
Australia

Santos eyes restart of Australia’s huge gas project next week

Australian energy player Santos has disclosed a timeline for the resumption of production at its gas project off the coast…
Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job
South America

Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job

Luxembourg-domiciled Subsea7 has been tasked with work in the Santos Basin on a field development project, which is described as…
John Swinney vows to keep BP in Aberdeen as energy giant ‘considers exit’ from North Sea
Europe

John Swinney vows to keep BP in Aberdeen as energy giant ‘considers exit’ from North Sea

The SNP leader was in Aberdeen on the campaign trail ahead of the elections as he addressed the concerning rumours.…
Australia and Japan Deepen Energy Ties With New Supply Chain Pact
Australia

Australia and Japan Deepen Energy Ties With New Supply Chain Pact

The prime ministers of Australia and Japan today inked an energy cooperation agreement that also covers critical mineral supply. Australia…
Deepsea Nordkapp rig; Source: Odfjell Drilling
Europe

Probe into offshore rig incident uncovers serious breaches

Scotland-headquartered offshore drilling contractor Odfjell Drilling has been served with an order from Norway’s offshore safety regulator, which investigated an…
State-owned land to be unlocked for oil storage and refineries under new Queensland government program
Australia

State-owned land to be unlocked for oil storage and refineries under new Queensland government program

The state government has announced a plan to unlock state-owned land for potential oil storage and refineries near ports along…
opec
Middle East

JP Morgan: UAE Could Attract More U.S. Investment After OPEC Exit

The United Arab Emirates (UAE) could attract more U.S. investment after the exit from OPEC as the country would be…

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