Nigeria President Bola Tinubu met with Eni CEO Claudio Descalzi to discuss deepwater development projects, including the Zabazaba-Etan fields, following the conversion of OPL 245 into new development and exploration licenses. SourceContinue Reading

The Independent Petroleum Association of America welcomed the Interior Department’s move to roll back the offshore financial assurance rule, saying the regulation would have imposed billions in additional costs on independent offshore oil and gas producers. SourceContinue Reading

First Sign of Gas Crunch in Europe Hits Moldova Region | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Mar 05, 2026, 5:00 PM CST Early signs of Europe’s gas supply strain are emerging, with Moldova’s breakaway Transnistria region warning it may run out of gas...Continue Reading

WTI crude rose above $81 per barrel, the highest in 20 months, as the escalating Iran conflict disrupts shipping through the Strait of Hormuz and raises fears of prolonged global oil supply shortages. SourceContinue Reading

Why Qatar’s LNG Halt Won’t Trigger a Long-Term Global Price Spiral | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Mar 05, 2026, 4:00 PM CST Natural...Continue Reading

Ecopetrol Eyes Oil Output Boost As Iran Crisis Pushes Up Prices | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Mar 05, 2026, 3:00 PM CST Colombia’s state-controlled oil giant Ecopetrol may...Continue Reading

AI Boom Siphons Billions From Crucial Energy Innovation Funding | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Mar 05, 2026, 3:00 PM CST Venture capital funding...Continue Reading

Acteon has delivered the first MHU4400S hydraulic hammer system to Heerema Marine Contractors, supporting offshore foundation installation and pile-driving operations under a multi-million-pound supply agreement. SourceContinue Reading

Beyond Oil: How The Iran War Could Send Food Prices Soaring | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Mar 05, 2026, 2:00 PM CST Global...Continue Reading

Hanwha Ocean has secured a fabrication contract from Chevron Mediterranean for expansion modules at the Leviathan offshore gas field in Israel, supporting increased production capacity. SourceContinue Reading