Why didn’t oil prices skyrocket during the US-Iran war?
Lower Chinese demand and increased supply prevented an extreme escalation of Brent crude.
Ruth Arteaga
I am a civil engineer and I work in the writing area. I have a deep passion for civil works. I constantly seek to update myself on new engineering technologies to integrate them into my work, since my main interest is exploring how innovations in the industrial sector can improve and transform the world.
All Ruth Arteaga publications
Burnham prepares a shift on oil and gas drilling in the North Sea
Burnham considers backing Rosebank and Jackdaw to expand UK offshore oil and gas production.
French gas plant faces shutdown risk due to heatwave
Mediterranean heat limits Martigues cooling and increases pressure on French power generation.
Kent signs long-term EPC and PMC agreements with Aramco
Kent will join Aramco's bidding panels for future brownfield EPC projects and PMC consulting services.
SpaceX Aborts Starship Launch Seconds Before Liftoff
SpaceX suspended the Starship test flight after detecting an anomaly in several engines during the final launch sequence.
Shell Agrees to Sell Sprng Energy to Aditya Birla for USD 1.8 Billion
Shell will transfer to Aditya Birla a portfolio of 5 GWp of solar and wind projects in India.
EIA Raises Henry Hub Price Forecasts for 2026 and 2027
The EIA revised up its Henry Hub price forecasts while projecting elevated inventories and record natural gas production in the United States.
Falling birth rates could curb global energy demand
Wood Mackenzie forecasts lower total energy consumption but higher electricity and critical mineral demand due to automation.
Holtec moves forward with the restart of the Palisades nuclear power plant
Holtec accelerates the restart of the Palisades nuclear power plant to recover low-carbon power generation capacity in the United States.
Harbour Energy buys Waldorf assets in the North Sea
Harbour Energy expands its oil and gas portfolio after completing the acquisition of Waldorf assets in the UK North Sea.
Mitsubishi Power to Convert Saudi Plants to Natural Gas
Mitsubishi Power will support the conversion of two major Saudi plants to dual fuel to reduce emissions and strengthen power supply.
SLB OneSubsea to Supply Subsea Systems for Baleine Phase 3 in Côte d’Ivoire
SLB OneSubsea will develop the subsea systems for 13 wells of Eni's Baleine Phase 3 project off the coast of Côte d'Ivoire.