China Stockpiles Soften the Blow of the Global Oil Shock
China, the world's leading crude oil and LNG importer, has significantly bolstered its energy security through extensive strategic stockpiling and a long-term diversification of supply sources and rou
Crude Settles Higher as Conflict Grows
Global crude oil prices experienced a significant increase, driven primarily by heightened geopolitical tensions stemming from a growing conflict involving Iran
Rigzone·Mar 11
Panagiotidis lines up another Nasdaq shipowner with tanker spin-off
Petros Panagiotidis, a prominent Cyprus-based shipowner, is strategically restructuring his portfolio by spinning off the tanker operations of Robin Energy into
Splash247·Mar 11
IEA to Release Record 400MM Barrels From Oil Reserves
The International Energy Agency has orchestrated an unprecedented release of 400 million barrels from strategic oil reserves held by its member nations. This co
Rigzone·Mar 11
North America Drops 8 Rigs WoW
North America registered a slight decrease of eight active drilling rigs over the past week, according to the latest data from Baker Hughes. This modest reducti
Rigzone·Mar 11
Mar 11
Iran Warns Oil Could Hit $200 per Barrel as Hormuz Threat Escalates
OilPrice
Mar 11
Iran’s New Supreme Leader Creates a Delicate Diplomatic Moment for Central Asia
OilPrice
Mar 11
Giant FPSO achieves first gas injection at Petrobras’ Brazilian project
Offshore Energy
Mar 11
Shell and TPAO welcome OMV Petrom as partner in Black Sea exploration project