Iran, Oman to Coordinate Hormuz Transits
Shippers can transit the Strait of Hormuz via Iranian or Omani and US-coordinated waters, according to the International Maritime Organization, part of a broader plan to evacuate stranded vessels.
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Tesla, NatPower Partner to Enable Over 25GWh of BESS in Europe
'For the first time at this scale, BESS procurement, financing and execution have been coordinated across multiple jurisdictions under a single integrated framework, linking manufacturing allocation directly to project delivery'.
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Saipem Divests Saudi Shallow Water Rigs
'The transaction represents a further step in the implementation of Saipem's strategy aimed at focusing its portfolio on deepwater and harsh-environment offshore drilling'.
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Woodside Wins Contract to Supply Gas to Alcoa
Woodside executed an agreement with Alcoa to supply the alumina maker with 31.1 petajoules of Western Australian natural gas from 2027 to 2030.
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Norway Well Workers Continue Strike as Standoff Escalates
The affected companies - including Baker Hughes, Halliburton and SLB - imposed a legal work halt to force the workers into agreeing to terms proposed under government mediation.
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US, Qatar Push Back against EU Methane Rules
The countries asked for a 'pragmatic approach' to clarifying the rules and adopting changes to allow importers to continue to obtain oil and gas needed by the EU.
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Asian Demand for Mideast Oil Slows after Splurge
Asian refiners have slowed purchases of Middle Eastern crude after a buying spree over the past three weeks, with oil majors and traders stepping in to take some of the surplus barrels.
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Crude Extends Losses
Oil prices fell as more tankers resumed transiting the Strait of Hormuz and additional supplies entered the market following the US-Iran interim peace deal.
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Qatar Says Ras Laffan Blast Will Not Affect LNG Exports
Qatar said it doesn't expect liquefied natural gas exports to be impacted by an explosion at the Ras Laffan industrial complex which left 13 dead and 66 injured.
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Pikka Oil Project in Alaska Reaches Continuous Production
The first production wells are now delivering 20,000 barrels per day gross.