Oil Rally Accelerates as Traders Price in Real Supply Disruption
WTI crude oil prices jumped significantly, closing at $111.54, marking an 11.94% increase. This rally was fueled by escalating geopolitical tensions, potential supply disruptions, and heightened worri
Ventura Offshore scores multimillion-dollar rig extensions with Petrobras
Ventura Offshore secured contract extensions from Petrobras for a semi-submersible rig and a drillship, indicating continued investment in Brazilian deepwater d
Offshore Energy·Apr 3
TotalEnergies, Masdar Form $2.2B Renewables JV in Asia
TotalEnergies and Masdar are forming a $2.2 billion 50-50 joint venture to consolidate their onshore renewable energy portfolios across nine Asian countries. Th
The article discusses the unusual situation where West Texas Intermediate (WTI) crude oil prices are trading higher than Brent crude, the international benchmar
Rigzone·Apr 3
Another 20-year LNG offtake lands in Mexican project’s bag
International Resources Holding (IRH) has signed a 20-year LNG offtake agreement with Amigo LNG, a Mexican joint venture. This deal secures a long-term supply o
Offshore Energy·Apr 3
Apr 3
Hafnia orders eight ‘fuel-efficient’ tankers from South Korean shipyard
Offshore Energy
Apr 3
Green light for more US LNG to non-free trade agreement countries
Offshore Energy
Apr 3
Europe Braces for Prolonged Energy Crisis as Supplies Tighten
OilPrice
Apr 3
Mediterranean gas field back online after shutdown due to regional safety woes