Brent crude swung back above $100 per barrel today as reports flow in about increasingly frequent Iranian attacks on tankers in Hormuz and U.S. Gulf of Mexico field operators began shutting in production ahead of a potential hurricane.
Crude oil exports out of the Persian Gulf reached 81% of pre-war levels
China is accelerating efforts to produce more oil from ultra-deep formations
Saudi Arabia’s East-West pipeline had moved 5.8 million barrels of crude as of Tuesday morning
Brent rises above $100 again following fresh Houthi attacks on Saudi energy infrastructure.
Chevron, Shell and BP are evacuating workers from all its platforms in the Gulf of Mexico
On Friday, the G7 countries agreed to release up to 100 million barrels of crude oil and diesel over the next four months
Chevron has joined the long-term digital subsurface collaboration established by SLB and TotalEnergies
Algeria’s state-controlled energy company Sonatrach and Thailand’s PTT Exploration and Production signed an agreement to explore joint investment opportunities in oil and gas exploration and production
Ghana National Petroleum Corporation (GNPC) has shared its petroleum sector experience with a three-member delegation from the Eswatini National Petroleum Company (ENPC)