Oil prices fell 4% on Monday after U.S. Vice President JD Vance said progress has been made in talks with Iran and that the Strait of Hormuz was open, easing supply concerns.Brent crude was down $3.18 or 3.95%, at $77.39 a barrel by 11:44 a.m.
Oil Prices Fall 4% as US-Iran Talks Ease Supply Risks Read More »
Crude oil exports from Saudi Arabia fell for a second straight month in April to a record low, according to Joint Organizations Data Initiative (JODI) data released on Monday, as the Iran war disrupted shipments from the Gulf region.Exports…
Saudi Arabia Crude Oil Exports Hit Lowest on Record in April Read More »
Tampnet, the world’s largest offshore high-speed, high-capacity communications provider, has been selected by an international energy major to deliver advanced connectivity solutions to two development projects in the US Gulf.The projects in…
Tampnet Awarded Connectivity Contracts for Two US Gulf Deepwater Projects Read More »
But Middle East producer says its LNG facilities are unaffected
QatarEnergy confirms 13 deaths from Ras Laffan blast Read More »
DNV has published a recommended practice (RP) providing a standardized framework for measuring and verifying the performance of onboard carbon capture and storage (OCCS) systems on ships, setting the stage for further developing onboard captured carbon…
DNV Publishes Recommended Practice for Onboard Carbon Capture, Storage Read More »