Volatility Spikes as Iran Diplomacy Collides With Hormuz Fears
WTI crude oil experienced significant price volatility during the week due to fluctuating geopolitical risk perceptions. Initial fears surrounding potential disruptions in the Strait of Hormuz drove p
EIR Says Qatari LNG Outage Will Shift Gas Market to Deficit
Enverus Intelligence Research reports that an outage affecting Qatari LNG production will cause a structural deficit in the global gas market. This disruption i
Rigzone·May 22
Oil Exerts Influence Well Beyond Energy Market
Ole Hansen, Saxo Bank's Head of Commodity Strategy, notes that oil's influence extends significantly beyond the energy market. This highlights the interconnecte
Rigzone·May 22
ExxonMobil tasks Weatherford with deepwater job in Nigerian waters
ExxonMobil's Nigerian affiliate, Esso Exploration & Production Nigeria Ltd. (EEPNL), has awarded Weatherford International a deepwater integrated completions as
India Explores Alternative Energy Sources Amid Oil Supply Shock
India is actively seeking to diversify its energy sources, particularly focusing on biogas as an LPG substitute, in response to disruptions in oil and gas suppl
OilPrice·May 22
May 22
Wood wins design contract for Bul Hanine EPIC2 project