Around 50 offshore workers employed on the Elgin Franklin and North Alwyn platforms in the UK North Sea have voted in favour of strike action, escalating a dispute over pay offers they have described as inadequate.
US President Donald Trump has warned of fresh military action against Iran, telling reporters at a NATO summit in Ankara that an initial ceasefire arrangement between Washington and Tehran was "over" and that American forces would strike again on Wednesday…
Renewed hostilities between the United States and Iran have cast fresh doubt over the stability of the Strait of Hormuz, threatening the fragile recovery that followed a June ceasefire and raising the spectre of prolonged disruption to Middle Eastern energy…
TotalEnergies is moving to advance its offshore ambitions in Syria, with chief executive Patrick Pouyanné signalling during a visit to Damascus that the French supermajor wants to progress from a preliminary understanding towards a firm exploration contract.
Russia has imposed a complete ban on diesel exports as it moves to shield its domestic fuel supply from an intensifying Ukrainian drone offensive against its refining and energy export infrastructure.
US commercial crude oil stockpiles rose unexpectedly last week, defying market expectations for a drawdown and adding a fresh data point to an already volatile pricing picture.
