An industry analyst has highlighted the constant stream of conflicting headlines regarding negotiations between the United States and Iran aimed at resolving ongoing conflict. This geopolitical uncert
Oil retreats as US-Iran talks continue amid tension
Oil prices fell by more than 1% on June 2, 2026, reversing earlier gains after US President Donald Trump indicated that talks with Iran were ongoing. This count
Offshore Technology·Jun 2
BP starts NAG production at ACG field offshore Azerbaijan
BP has commenced non-associated gas (NAG) production at the Azeri–Chirag–Gunashli (ACG) field located offshore Azerbaijan in the Caspian Sea. This development m
Offshore Technology·Jun 2
$90 Oil Could Lift India’s Inflation to 4.8% and Slow GDP Growth
According to a report by 360 ONE Capital, crude oil prices averaging $90 per barrel through March next year could push India's inflation rate to 4.8% in fiscal
OilPrice·Jun 2
BP flows first non-associated gas from its giant Caspian Sea field
BP has successfully commenced non-associated gas (NAG) production from the Azeri-Chirag-Gunashli (ACG) oilfield in the Caspian Sea off the coast of Azerbaijan.
Offshore Energy·Jun 2
Jun 2
China’s LNG Imports Recover Ahead of Peak Cooling Season
OilPrice
Jun 2
Fluor JV receives LNTP for LNG Canada phase two expansion
Offshore Technology
Jun 2
Strike Action at Major Australian LNG Facility Raises Supply Concerns
OilPrice
Jun 2
JDR opens subsea cable factory in Blyth
Offshore Energy
Jun 2
Goldman Sachs Sees Strong Refining Profits Through 2026 Amid Fuel Supply Crunch
OilPrice
Jun 2
LNG Deliveries to China Rebound in May
Rigzone
Jun 2
Persian Gulf Oil Tanker Traffic May Never Fully Recover