(Oil Price) – Concerns about energy security and the push in many countries to boost electrification to replace road transportation fuels are making clean energy investments hot again. As the Middle East crisis and the still closed Strait of Hormuz forces governments into action, renewable stocks and markets are poised for a rebound from institutional investors and hedge funds after
(World Oil) – Eni and its partners have approved the final investment decision for the Baleine Phase 3 offshore development in Côte d’Ivoire, advancing the next expansion phase of what the company describes as the country’s largest hydrocarbon discovery. The Phase 3 development is expected to increase Baleine oil production from 60,000 bopd to 150,000 bopd, while natural gas output is projected
(BOE Report) – Brent crude futures rose nearly 2% in early Asian trade on Tuesday after the U.S. military carried out strikes in southern Iran in what it described as defensive actions, keeping markets on edge as a deal to end the war eludes both sides. Brent futures climbed $1.40, or 1.5%, to $97.56 a barrel as of 0006 GMT,
(Oil Price) – The new U.S. strikes on missile sites and boats in southern Iran are further clouding the market view of how the nearly three-month-long crisis will unfold. Oil prices jumped early on Tuesday in Asian trade following the strikes. Prices slumped by 5% on Monday due to hopes of a U.S.-Iran deal. The fresh strikes, however, are complicating the situation
(World Oil) – Mature offshore fields in the Republic of Congo are seeing renewed production optimization efforts as independent operators expand investment in brownfield redevelopment projects. Ammat Global Resources has increased production capacity at the offshore Loango and Zatchi fields through a series of workovers, infrastructure upgrades and reservoir management initiatives aimed at slowing natural decline rates and improving operational efficiency.
(BOE Report) – Iran’s foreign ministry spokesperson said on Monday that conclusions have been reached on many topics discussed in a potential 14-point memorandum of understanding, but this does not mean a deal to end the Middle East war is imminent. The framework is focused on an end to the war and a U.S. naval blockade in exchange for Tehran
(Oil & Gas 360) – Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies Limited presentation openings are available for E&P, Midstream, OFS, Energy Transition, and Emerging Technology companies Sponsorship opportunities are available for companies seeking to increase their market presence DENVER – May 21, 2026
(By Oil & Gas 360) – Energy markets are becoming increasingly defined by shrinking buffers. This week, traders, policymakers, and producers all focused on the same concern: the world has less margin for disruption than it did even a year ago. Tight inventories, constrained LNG supply, and rising geopolitical pressure around Hormuz are forcing markets to reprice risk faster and
(Oil & Gas 360) By Greg Barnett, MBA – Ethanol has been embedded in U.S. fuel policy for more than a century, with modern support accelerating after the 1970s oil shocks and becoming structurally fixed through the Renewable Fuel Standard (RFS) enacted in 2005 and expanded in 2007. The stated objectives have remained consistent: improve energy security, reduce emissions, and support
(By Oil & Gas 360) – The longer the Iran war continues, the less this looks like a temporary geopolitical disruption and the more it resembles the early stages of a structural oil supply crisis. For months, markets have focused on headlines surrounding ceasefires, diplomacy, and tanker traffic through the Strait of Hormuz. But beneath the volatility, the global oil
(Oil Price) – Top EU officials said Friday that oil and gas prices are expected to remain elevated through at least the end of 2027, with the fallout from the Iran war likely to keep pressure on inflation and economic growth. Speaking after a meeting of eurozone finance ministers in Cyprus on Friday, EU Economy Commissioner Valdis Dombrovskis said higher energy costs are
(Investing) – An oil pipeline operated by Plains All American in East Los Angeles, California, was shut down after a rupture, the company said on Friday. The line was struck by a third party conducting excavation work, the company added. It did not provide details on how much oil may have leaked or a timeline on when flows would be restored. The ruptured pipeline
