Supertankers on Mideast Route Reach $510K a Day in Earnings
Daily charter rates for Very Large Crude Carriers (VLCCs) lifting Middle Eastern crude bound for Asian markets have surged near multi-month highs, approaching extraordinary levels of half a million do
Noble’s 2014-built jack-up rig scores drilling job in Norwegian waters
Noble Corporation has bolstered its operational backlog in Northern Europe by securing a fresh drilling contract for one of its high-specification jack-up units
Offshore Energy·Aug 18
U.S.-Iran Tensions Push Oil Prices Higher as Diesel Margins Hit Records
Escalating geopolitical rhetoric between Washington and Tehran has reignited the Middle East risk premium, triggering an upward push in global crude benchmarks.
OilPrice·Aug 18
Why Libya’s Next Oil Pipeline Could Be a Geopolitical Game-Changer
Bilateral discussions between Cairo and Tripoli have advanced regarding a cross-border crude transmission link linking eastern Libyan oil infrastructure directl
OilPrice·Aug 17
The Next Energy Crisis Could Be a Water Crisis
The global energy sector faces an intensifying operational vulnerability due to accelerating freshwater scarcity driven by climatic shifts. Conventional power g
OilPrice·Aug 17
Aug 17
Oil Advances as Iran Tensions Persist
Rigzone
Aug 17
Go-ahead for ADES to restart all suspended offshore rig ops as jack-up market remains tight
Offshore Energy
Aug 17
JAPEX begins drilling second exploratory CCS well in Tomakomai
Offshore Technology
Aug 17
Egypt moves to fast-track Mediterranean gas field tie-in in pursuit of production growth