Strait Disruption Lifts Oil Again
Brent and WTI climbed sharply amid fears of prolonged supply disruptions in the Persian Gulf.
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USA Oil, Gas Workforce Hits Lowest Level Since 2022
The number of employees in the oil and gas extraction industry has hit its lowest level since 2022, data on the BLS website shows.
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Norden Assumes Its Ships Will Be Stuck in Hormuz All Year
One of the world's largest commodity shipping companies is planning for a scenario in which the Strait of Hormuz remains effectively shut for the rest of the year.
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Petronas Inks 20-Year Charter Deal for 5 LNG Carriers
'MISC will provide project management services throughout the shipbuilding phase, followed by operationalization and ship management of the vessels upon delivery beginning 2029'.
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PNG LNG Partners Approve New Upstream Development
Targeted to be put onstream 2028, the Agogo Production Facility is designed to deliver an incremental production of about 135 million cubic feet a day.
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Another USA Gasoline Price Surge Could be Coming
Another U.S. gasoline price surge could be coming, GasBuddy warned in a blog posted on its website on Monday.
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Uniper Flexes Diversified Procurement Portfolio as Profit Rises
'Our broadly diversified gas and LNG procurement portfolio is well positioned to withstand geopolitical risks and the resulting market fluctuations'.
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Trump Says USA-Iran Ceasefire is on 'Massive Life Support'
'I would say the ceasefire is on massive life support where the doctor walks in and says, 'sir, your loved one has approximately a one percent chance of living',' U.S. President Donald Trump said.
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ADNOC Gas Logs Lower Profit as War Hits Deliveries
ADNOC Gas reported $1.08 billion in net income for the first quarter, down 15 percent compared to the same three-month period last year due to export disruptions and lower domestic demand.
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China LNG Imports Signal Recovery
The 30-day moving average for LNG imports has increased to the highest level since late February, according to ship-tracking data compiled by Bloomberg.