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Iran war puts at risk key pipelines, terminals and refineries that supply the world with oil and gasThe ongoing Iran war is severely impacting vital oil and gas infrastructure around the Persian Gulf. Drone strikes and the closure of the S...
US Stock Market | Wall Street closes down as oil prices spike on Middle East conflictMiddle East conflict escalation pushed oil prices up, fueling inflation worries and reducing expectations of Federal Reserve interest rate ...
Iran vs US, Israel conflict: Major Saudi refinery, Iraqi Kurdish and Israeli oil, gas fields shut amid Mideast strikesSaudi Arabia's largest oil refinery, Ras Tanura, has shut down following a drone strike. This incident is part of a wider wave of attacks a...
Gulf attacks halt Qatar LNG, Saudi refinery, Israeli energy outputQatar's LNG output accounts for about 20% of global supply and is critical to balancing demand in Asian and European markets. The halt came...
Middle east conflict shakes markets: Airline stocks fall while oil and defense shares surgeGlobal stock markets reacted after tensions increased in the Middle East. Travel, airline, and hotel shares fell due to fears of higher fue...
Will Iranians finally take over government and will Iran proxies join war?Will Iranians finally take over government and will Iran proxies join war? The US and Israel launched major strikes on Iran. President Trum...
Oil prices gain 2% as market focuses on Venezuela and supply worries in Russia, Iraq and IranOil prices climbed nearly 2% as investors weighed escalating U.S. sanctions on Venezuela, a drone attack on a Russia-bound tanker in the Bl...
CPC says oil exports suspended due to storm at Black SeaOil exports from Kazakhstan via the Caspian Pipeline Consortium's Black Sea terminal have been halted. Bad weather and full storage tanks a...
How oil, drugs and immigration fueled Trump's Venezuela campaignPresident Donald Trump's administration launched a secret military operation targeting Latin American drug cartels. This campaign intensifi...
Russia's Orenburg plant restarts taking gas from Kazakhstan field, energy minister saysAfter a recent drone attack that put a hold on its operations, Russia's Orenburg gas plant is back in action, once again sourcing natural g...
Kazakhstan's oil output down in early April, still above OPEC+ quota, source saysKazakhstan's oil output experienced a decrease in early April compared to the March average, primarily due to reduced production at the Ten...
AI leading to faster, cheaper oil production, executives sayAI took center stage in many sessions at the world's largest energy gathering. Oil producers are seeking ways to remain profitable in an en...
Brent oil prices tick down after gaining on Caspian pump station attackBrent crude prices paused in early trading after gaining due to a drone attack on a Russian oil pipeline. Brent futures slipped slightly wh...
Oil tanker held by Iran for over a year heads toward international waters, tracking data showsThe Advantage Sweet, an oil tanker seized by Iran in April 2023 amid tensions with the U.S., is now heading toward international waters, ac...
Shell Q1 Results: Company smashes forecasts with $7.7 billion quarterly profitShell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refin...
US destroyer shoots down missile and drones launched by Yemen's Houthi rebelsThe U.S. destroyer USS Carney shot down drones and a missile launched by Yemen's Houthi rebels in the Red Sea. The attack, which targeted t...
Saudi Aramco reports 46% jump in profits for 2022Aramco's facilities have in the past suffered drone and missile attacks claimed by Yemen's Iran-backed Huthi rebels, most recently about a ...