(By Oil & Gas 360) – Energy markets are entering a more complex phase. Prices are no longer reacting to a single catalyst but to a mix of war risk, policy response, capital shifts, and macro pressure. The result is a market that feels unstable not just because of volatility, but because the underlying drivers are pulling in different directions
(By Oil & Gas 360) – The global energy system is being tested in real time, and the response is starting to shift from reaction to coordination. More than 40 countries have begun discussions on how to reopen the Strait of Hormuz following Iran’s blockade, a move that has effectively choked off one of the world’s most critical energy corridors.
(World Oil) – A leading supplier of deep-water drilling rigs to Brazil’s national oil company expects the industry to favor oil and gas projects in Latin America, where geopolitical risk is lower than the Middle East. Constellation Oil Services Holding SA recently extended three offshore drilling contracts with Petrobras and is optimistic about Brazil’s exploration prospects in other deep-water regions, including
(World Oil) – Weatherford International has proposed relocating its legal domicile to the United States, with Texas set to become its new corporate home as the company looks to simplify its structure and improve financial flexibility. The move would shift the company’s parent entity from Ireland to Texas, aligning its legal structure more closely with its operational base in Houston and
(Oil Price) – The price of Canada’s synthetic crude, which has rich diesel yield for refiners, has surged by nearly 200% since March 27 as the Middle East war cripples global diesel supply and sends diesel futures, cracks, and retail prices soaring. The synthetic crude made from processing of bitumen from Alberta’s oil sands is very low sulfur and its chemical
(BOE Report) – Israel’s offshore Leviathan gas field will resume operations after a month-long war shutdown, the Israeli energy ministry said on Thursday. The field, operated by Chevron, has been shut down since the U.S. and Israel launched attacks on Iran on February 28. “Following situation assessments and a review of all relevant considerations, it has been decided at this stage
(By Oil & Gas 360) – The first phase of the energy shock moved prices. The second reshaped flows. The third is now redirecting capital. As volatility moves from crude into refined products and logistics, investors are beginning to reposition, not around headline oil prices, but around where the system is tightening most. That shift is already visible. Refiners are
(Oil & Gas 360) – Springtime Seasonal-Low Territory For Natural Gas Makes Next Extra-Good, Buy-Low Opportunity With Supply/Demand Trends Consensus Beating. The Winter Delightfully mild has consensus interest, desires and expectations, on supplying natural gas and its prices, low. Only 5 of the 28 weeks since mid-September (Figure 1, red line), weighted for natural gas heat colder than normal (bold dot) highlights
(Investing) – WASHINGTON – Detentions of Panama-flagged vessels by China that followed a Panamanian court ruling raise serious concerns about efforts to undermine rule of law in the Latin American country, U.S. Secretary of State Marco Rubio said on Thursday. The U.S. Federal Maritime Commission said last week that it was closely monitoring a surge in detentions of Panama-flagged vessels in
(World Oil) – U.S. Bureau of Land Management lease sales across Colorado, Nevada and Utah generated $64.8 million in total revenue, reflecting continued interest in federal onshore acreage. The agency leased 136 parcels covering 131,121 acres during its latest quarterly sale, with revenue distributed between federal and state governments. Utah accounted for the majority of proceeds, generating $56.4 million from
(Oil Price) – Australia’s government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on its east coast in the third quarter of 2026. The potential consideration of using such powers would be part of the steps the Albanese Government is taking to secure domestic gas supplies for Australian households and industry as the Middle
(BOE Report) – BP named Carol Howle as deputy chief executive on Thursday and said she would oversee the company’s ongoing portfolio review and strategy development. Howle, who served as interim chief executive before Meg O’Neill started the top job on Wednesday, will also return to her former role as head of supply, trading and shipping. BP is undergoing a
