Kuwait accelerates oil recovery after the Hormuz crisis
The Strait of Hormuz continues to shape the energy market as Kuwait accelerates the recovery of 70% of its oil production.
The Strait of Hormuz continues to shape the energy market as Kuwait accelerates the recovery of 70% of its oil production.
U.S. LNG flows fell to a four-month low after maintenance at Golden Pass and Freeport LNG, impacting the natural gas market.
Ksi Lisims LNG strengthens European energy security after signing a supply agreement with SEFE to export Canadian gas to Germany.
Exxon Mobil Guyana Haimara moves toward a new development phase following the application submitted to the EPA to exploit the gas-condensate discovery.
In April, ADNOC halted approximately 1 million metric tons per month of naphtha exports from its Ruwais refinery.
The IEA estimates that even if an agreement were reached today to reopen the Strait of Hormuz, normalizing transit could take six to eight months.
The Aframax Cy Victorious exited the Strait of Hormuz on May 30 with at least 80,000 metric tons.
BP has initiated the first production of non-associated ACG gas in the Caspian Sea's ACG field, with estimated reserves of 4 Tcf and a second well planned for 2026.
617 Norwegian offshore workers threaten strike on June 5, 2026, if wage mediation fails. Norway supplies one-third of Europe's natural gas.
BP reduces its stake in Browse LNG Australia to 39.33% after selling 5% to South Korea’s GS Energy. The project, valued at US$34.96 billion, is still awaiting FID.
The offshore EG-08 project takes a decisive step after receiving government approval, bringing the planned 2027 drilling of Barracuda-1 closer.
Learn how coke drum inspection programs use AUT, PAUT, FFS, and laser scanning to manage integrity and operational risk.