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WebOil tops $85 as U.S. intensifies strikes on Iran
1+ hour, 24+ min ago (415+ words) (Bloomberg) — Oil prices climbed for a third consecutive session Wednesday as the United States launched another round of airstrikes against Iran, raising fresh concerns over crude exports through the Strait of Hormuz and extending a geopolitical rally that has pushed…...
Senator Lindsey Graham was an ardent supporter of the oil and gas industry
1+ day, 21+ hour ago (533+ words) World Oil - Topics Onshore Exploration Drilling Completion Production Shale Hydraulic Fracturing Conventional Digital Transformation Automation & Control Data Storage Artificial Intelligence Offshore Exploration Drilling Production Deepwater Subsea Decommissioning Energy Transition LNG Sustainability Offshore Wind Hydrogen Carbon Capture Industry & Analysis Economics/statistics…...
U.S. strikes Iran for second straight day amid Strait of Hormuz tensions
1+ week, 1+ min ago (318+ words) (Bloomberg) — The U.S. military launched a second consecutive day of strikes against Iran on Wednesday, targeting additional military infrastructure after attacks on commercial vessels in the Strait of Hormuz, further escalating tensions and casting doubt on prospects for renewed negotiations....
U.S., Iran strike deal to reopen Strait of Hormuz, sending oil lower
1+ mon, 22+ hour ago (560+ words) (Bloomberg) – The U.S. and Iran say they have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and potentially ending a conflict that disrupted global energy markets and raised concerns over…...
U.S., Iran reach deal to reopen Strait of Hormuz
1+ mon, 22+ hour ago (560+ words) (Bloomberg) – The U.S. and Iran say they have reached a deal to reopen the Strait of Hormuz, setting the stage for talks on Tehran’s nuclear program and potentially ending a conflict that disrupted global energy markets and raised concerns over…...
Trump reverses course on Iran strikes, easing concerns over Kharg Island
1+ mon, 4+ day ago (356+ words) (Bloomberg) — President Donald Trump on Thursday canceled planned military strikes against Iran, reversing earlier threats of further action and helping ease immediate concerns about disruptions to regional oil supplies. In a social media post, Trump said discussions aimed at ending…...
Trump threatens strikes on Iran's Kharg Island oil export hub
1+ mon, 4+ day ago (282+ words) (Bloomberg) — President Donald Trump threatened additional military action against Iran on Thursday and suggested the U.S. could eventually target key Iranian oil export infrastructure, including Kharg Island, the country's primary crude export terminal. Trump said the United States would strike…...
Trump's Arctic Refuge lease sale tests industry interest in Alaska drilling
1+ mon, 1+ week ago (372+ words) (Bloomberg) – President Donald Trump vowed to reopen Alaska’s Arctic National Wildlife Refuge to oil drilling as he seeks to make tapping the state’s vast natural resources a key part of his energy agenda. Now comes the test of the oil…...
U.S. House passes bill to extend federal oil and gas permitting fund
1+ mon, 1+ week ago (288+ words) (WO) — The U.S. House of Representatives has passed legislation that would extend a key federal program supporting oil and natural gas permitting activities on public lands, drawing support from industry groups that say the measure helps improve permitting efficiency while…...
Fresh U.S.-Iran clashes threaten Hormuz reopening talks
1+ mon, 1+ week ago (286+ words) (Bloomberg) — Fresh military exchanges between the U.S. and Iran are raising new concerns about the durability of a fragile ceasefire and the prospects for reopening the Strait of Hormuz, a critical route for global oil and LNG shipments. The latest…...