Analyst Outlines 2 Potential Scenarios for Conflict
A recent Rigzone report highlights an analyst's projection of two distinct geopolitical conflict scenarios, both of which are anticipated to drive global crude oil prices upwards. This underscores the
Equinor Reaches Deal with Canadian Province to Advance Bay du Nord
Equinor has secured an agreement with a Canadian provincial government, clearing a significant hurdle for its Bay du Nord deepwater oil project. This developmen
Rigzone·Mar 4
Aramco to divert oil exports via Red Sea amid Hormuz tensions
Saudi Arabia's national oil company, Aramco, is strategically shifting some crude exports to the Red Sea, aiming to circumvent the Strait of Hormuz. This proact
Offshore Technology·Mar 4
Fire erupts at Fujairah oil hub from intercepted drone debris
A significant fire erupted at the United Arab Emirates' Fujairah oil-trading hub, reportedly triggered by debris from an intercepted drone. This incident unders
Offshore Technology·Mar 4
Asian LNG Prices Soar to Three-Year High
Asian spot LNG prices have surged to a three-year high of $35.40/MMBtu, doubling in a week, following QatarEnergy's suspension of production. This disruption wa