Oil Prices Fall After Trump Pauses Planned Iran Strike
Oil prices declined in early trading following President Trump's decision to halt a planned military strike against Iran. This decision eased immediate concerns about potential disruptions to oil supp
US Waiver Extension Keeps India’s Russian Crude Lifeline Open
The US extended a waiver on Russian crude and oil products for India, allowing shipments already loaded before a certain date to continue. This extension provid
OilPrice·May 18
Higher Oil Prices Have Cost U.S. Consumers $45 Billion Since Iran War Began
The article reports that U.S. consumers have paid an extra $45 billion in gasoline and diesel costs since the start of a hypothetical Iran war and the closure o
OilPrice·May 18
Venezuela Circulates Draft of Oil Law Regs for Cos
The Venezuelan government is distributing a draft of regulations related to its recently implemented oil law. This move is crucial for international oil compani
Rigzone·May 18
Oil Settles Higher on Iran Doubts
Oil prices increased due to renewed uncertainty surrounding the Iran nuclear deal negotiations. The stalled talks raise concerns about the potential return of I
Rigzone·May 18
May 18
The Iran War Could Trigger a Global Fertilizer Shock
OilPrice
May 18
North America Adds More Rigs WoW
Rigzone
May 18
Canada Strikes Deal to Start Building Oil Pipeline in 2027
Rigzone
May 18
30-year gas pact puts $44 billion LNG project at go/no‑go crossroads
Offshore Energy
May 18
USA Upstream M&A Hit $38B in Q1
Rigzone
May 18
UAE fast-tracks oil pipeline to boost exports outside Hormuz strait
Offshore Technology
May 18
$13 billion US LNG project moves into execution phase with FID in the bag
Offshore Energy
May 18
US DOE Awards Over $94MM to Light Water SMR Advancement Projects
Rigzone
May 18
Argent LNG and BOTAŞ shake on US LNG deal to enrich Türkiye’s energy arsenal
Offshore Energy
May 18
Santos, Repsol Start Oil Production at Alaska Project