WebMaster 
Renewed hostilities between the United States and Iran have upended market expectations of a well-supplied oil and gas market, driving ICE Brent above US$85 per barrel and reversing weeks of oversupply sentiment into fears of a global shortage.
XRG, the international investment arm wholly owned by Abu Dhabi National Oil Company (ADNOC), has increased its equity stake in the Rio Grande LNG project at the Port of Brownsville, Texas, acquiring an additional 7.6% interest in Trains 4 and…
Oil and gas supermajors are on course to post markedly higher second-quarter earnings, and the windfall is drawing political fire on both sides of the Atlantic, according to a report by OilPrice.com.
International oil companies are lining up to explore deepwater acreage offshore Uruguay, betting that the South Atlantic margin could host a substantial new oil province mirroring recent finds off Namibia.
Iran has launched coordinated missile and drone attacks against five countries hosting United States forces, opening a wider regional front that has placed Gulf energy and shipping infrastructure under direct threat.
A widening policy confrontation between California and the Trump administration is testing the balance of authority over energy development in the United States, with clashes spanning offshore wind, oil pipelines and coastal regulation.
