Disruptions through the Strait of Hormuz are driving a more persistent inflationary shock, with Brent crude forecast to average $88/bbl in Q2 and recession risks rising, according to EY-Parthenon.
Expro to deliver geothermal well testing for Vulcan Energy’s Lionheart project in Germany
Expro will deliver geothermal well testing services for Vulcan Energy’s Lionheart project in Germany, supporting reservoir evaluation and lithium extraction as Europe advances low-carbon energy and critical minerals development.
Oil States announces CEO transition, Hajdik to succeed Taylor in May
Oil States International will transition leadership as CEO Cindy Taylor retires, with CFO Lloyd Hajdik set to take over in May 2026, marking a planned succession as the company continues focusing on operational performance and growth.
U.S. deal ends TotalEnergies offshore wind plans, accelerates LNG investment
TotalEnergies is exiting U.S. offshore wind and redirecting capital into LNG and gas projects, including Rio Grande LNG, signaling a major shift in investment strategy toward U.S. export capacity and upstream growth.
Strohm to supply TCP production jumpers for deepwater Malaysia field extension
Strohm has secured a contract to supply insulated thermoplastic composite pipe (TCP) production jumpers for a deepwater field extension offshore Malaysia, highlighting growing adoption of corrosion-resistant subsea infrastructure in Southeast Asia.
Trump, Modi discuss Hormuz disruption as India faces LNG supply strain
U.S. President Donald Trump and Indian Prime Minister Narendra Modi discussed disruptions in the Strait of Hormuz as India faces tightening LNG and oil supplies, highlighting growing risks to global energy flows and industrial demand.
Iraqi crude tanker signals questioned as Hormuz transit remains unclear
Conflicting tracking signals around an Iraqi crude tanker highlight growing uncertainty in vessel movements near the Strait of Hormuz, as signal jamming and limited transits complicate visibility into global oil flows during ongoing regional conflict.
EIA releases new international consumption data sorted by end-use sector and fuel
We have released a new international dataset containing end-use consumption data for most countries of the world, with annual data through 2023. The new data set disaggregates the existing total international consumption values into up to 34 end-use sub-sectors, such as construction, mining, refining, residential, and commercial. Our end-use data set categorizes end-use consumption by...
Britain responds to Iran war energy shock by requiring solar panels and heat pumps in all new homes
The move comes as part of Britain's response to the Iran war, with the conflict triggering the largest supply disruption in the history of the oil market.
OEUK Says New Polling Shows Public Backs Homegrown Energy
'New UK wide polling commissioned by OEUK shows overwhelming public support for using the UK's own oil and gas resources alongside renewables to strengthen national security', OEUK said.
Saudi Arabia, Kuwait Push Energy Deals despite War
Saudi Arabia and Kuwait are attempting to press on with planned multibillion-dollar energy deals despite a widening conflict that has seen Iran target oil and gas infrastructure across the Middle East.
Oil rises with Brent crossing $100 a barrel again as Middle East tensions keep traders on edge
Trump's statement sent oil lower, while equities jumped. Still, the recovery on Tuesday suggests lingering skepticism over Trump signaling a de-escalation.