USA Says Iran Ceasefire Still in Place
The U.S. played down the prospect of a return to active war with Iran.
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ConocoPhillips Beats Profit Estimates for Q1
By year-on-year comparison, lower costs softened the impact of lower volumes and lower Permian gas prices.
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UAE Was in a Unique Position in OPEC+
The United Arab Emirates was in a unique position in OPEC+, according to James Davis, who leads FGE's Short-Term service and crude oil production forecasting.
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Transocean Posts Higher Q1 Revenue
'We continue to believe that we are in the early days of a multi-year upcycle with increasing demand for offshore exploration and development drilling services'.
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Gasoline Prices Jump Across All 50 States
Gasoline prices have jumped across all 50 states, GasBuddy noted.
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Uniper Gets Preliminary Approval for Hesse CCGT Plant
'The new hydrogen-ready combined cycle gas turbine plant, with a planned electrical feed-in capacity of up to 890 megawatts, is designed to secure the Grosskrotzenburg power station's long-term role as a key energy hub in the Rhine-Main region'.
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Nigeria Partners with Chinese Firms to Revive Refineries
'The potential collaboration also contemplates expanding the refineries' petrochemical capacities and harnessing gas and downstream opportunities through the development of co-located, gas-based industrial hubs'.
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GlobalData Identifies 'Top' Oil, Gas Themes for 2026
GlobalData has identified the 'top' themes that will impact the oil and gas industry this year in a new strategic intelligence report.
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Iran, US Exchange Fire in Persian Gulf
The U.S. and Iran exchanged fire in a flareup of violence that also drew in the UAE, prompting calls for renewed strikes on Iranian targets and casting doubt on the fate of a four-week ceasefire.
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Shipping Freeze Deepens in Strait of Hormuz
Traffic through the Strait of Hormuz remained largely frozen amid increasing tensions.