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March 12, 2026
Equinor is preparing to launch drilling operations at the Rosebank field west of Shetland, part of a major UK offshore development that will include subsea wells tied back to a redeployed FPSO. Source
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RWE has completed the sale of its 350-MW Baltic II offshore wind development project in the Polish Baltic Sea to PGE, transferring full ownership and environmental approvals for the adjacent project site. Source
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RWE to Invest $19 Billion in U.S. Gas Power as Demand Jumps | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 12, 2026, 9:30 AM CDT Germany-based utility giant RWE is expanding its U.S. portfolio beyond renewables, focusing a large part of planned $19 billion...
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Oceânica Engenharia has secured $736 million in long-term offshore service contracts with Petrobras, covering subsea support vessels and ROV operations for inspection, maintenance and intervention work through 2031. Source
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TotalEnergies has restarted production at Libya’s Mabruk oil field with a new 25,000-bpd facility, marking the return of output from the onshore field after operations halted in 2015. Source
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JERA has agreed to transfer its equity interests in Australia’s Gorgon and Ichthys LNG projects to MidOcean Energy as part of a portfolio realignment while maintaining LNG procurement from both facilities. Source
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Trump Declares Victory Over Iran Even as the Conflict Escalates | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Mar 12, 2026, 9:00 AM CDT Trump said...
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IEA Warns of Largest Oil Supply Disruption in History | 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 12, 2026, 8:30 AM CDT The Middle East war is creating the...
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East-West Pipeline Key to Saudi Arabia’s New Oil Export StrategyRussia Emerges As The Biggest Winner In Middle East War | 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 12, 2026,...
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Oman Evacuates Key Oil Port as Iran War Intensifies | 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 12, 2026, 6:30 AM CDT Oman has ordered the evacuation of vessels...
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