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Middle East
Oil Tanker
Middle East

Empty ships and shut wells: Why the Iran war oil crisis is not over yet

The US-Israel war on Iran has removed hundreds of millions of barrels from oil markets. After 40 days of fighting,…
MarineTraffic app showing numerous ship beacons near the Strait of Hormuz
Middle East

Trump wants Strait of Hormuz open ‘without limitation, including tolls’ during Iran ceasefire: White House

The fragile ceasefire between the U.S. and Iran depends on the Strait of Hormuz being opened for ships “without limitation,…
USA Elections - Trump
Middle East

Trump-Iran agree to two-week ceasefire, plan to open Strait of Hormuz

President Donald Trump on Tuesday said he agreed to suspend planned attacks on Iranian infrastructure for two weeks, backing off…
oil-field
Middle East

Hormuz impact growing amid fears of ongoing Iranian control

As the cost of crude oil continued to rise there are now fears that the threats to passage through the…
Eni
Middle East

Eni Withdraws From Offshore Gas Exploration Consortium in Israel

Eni S.p.A, an Italian integrated energy company, stepped away from a consortium that was seeking to explore natural gas offshore…
ADES International Holding
Middle East

ADES Expects Up to 44% Earnings Rise Despite Regional Tensions Impacting Rigs

Saudi Arabian oil and gas drilling contractor ADES International Holding has reported it expects 44% rise in its core earnings…
Aramco
Middle East

Saudi Solutions secures $37 million contract with Aramco to enhance computing capabilities

Saudi Solutions has secured a $37 million contract with Saudi Aramco to enhance computing capabilities, reflecting a broader trend in…
Qatar’s-Ras-Laffan-“energy-city”-was-hit-by-Iranian-strikes
Middle East

Qatar gas terminal bombing will push prices higher for years

Ras Laffan terminal provides one-fifth of the world’s LNG and will take years to repair the damage caused by Iran’s…
onshore-oil-and-gas-platform1
Middle East

Bahrain’s Bapco Energies Declares Force Majeure as War Escalates

Bahrain’s integrated energy firm Bapco Energies on Sunday declared force majeure on its group operation that have been affected by…
Iran-Gas-Field-Attack
Middle East

Trump threatens to ‘massively blow up’ world’s largest gas field in Iran

Donald Trump has threatened retaliation after Iranian strikes on a major liquified natural gas production facility in Qatar. Kuwait said…

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