Iranian Drone Strike Hits Oman’s Largest Oil Storage Facility | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Related News By Tom Kool – Mar 11, 2026, 10:15 AM CDT Iranian drones struck...Continue Reading
IEA Launches Record 400-Million-Barrel Emergency Oil Release | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 11, 2026, 10:00 AM CDT The International Energy Agency (IEA) and its member nations have agreed to release a record 400 million barrels of oil from strategic reserves in...Continue Reading
Crude oil inventories in the United States increased by 3.8 million barrels during the week ending March 6, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 443.1 million barrels according to government data, which is still 2% below the five-year average for this...Continue Reading
LNG suppliers including Shell have declared force majeure on contracts after a shutdown at Qatar’s massive Ras Laffan export facility, highlighting the ripple effects of supply disruptions in the global gas market. SourceContinue Reading
Eco Atlantic has agreed to acquire JHI Associates in a deal valued at about $52 million, gaining offshore exploration interests in the North Falkland basin and Guyana’s Canje block. SourceContinue Reading
Activist Shareholders Challenge BP on Rejected Climate Resolution | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – Mar 11, 2026, 9:30 AM CDT Green activist investor Follow This has vowed to...Continue Reading
Guyana is advancing a 25,000-sq-km offshore multi-client seismic survey supported by Viridien to improve subsurface data, de-risk exploration and support future licensing rounds in the Guyana basin. SourceContinue Reading
Viridien has launched a new seismic reimaging project covering roughly 9,000 sq km of 3D data in India’s offshore Mahanadi basin, aiming to improve subsurface imaging and unlock new exploration opportunities. SourceContinue Reading
Forum Energy Technologies has launched the Ice® Unity Remote-Connect system, allowing operators to remotely control subsea ROV systems from any location while monitoring operations and streaming survey data in real time. SourceContinue Reading
TotalEnergies has started production from the Lapa South-West project in Brazil’s Santos basin, adding 25,000 bpd through new wells tied back to the existing Lapa FPSO as the company expands its offshore portfolio. SourceContinue Reading
