TotalEnergies is exiting $1 billion in U.S. offshore wind leases and redirecting capital toward LNG and oil investments, signaling a policy-driven shift in energy priorities as Washington pushes for expanded fossil fuel development. SourceContinue Reading
Europe’s Gasoline Exports Shift to Asia as War Roils Fuel Markets | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Mar 23, 2026, 11:30 AM CDT Europe’s gasoline exports have started to increasingly shift to Asia in recent weeks as the...Continue Reading
President Petro is Killing Colombia’s Oil Industry | OilPrice.com Matthew Smith Matthew Smith is Oilprice.com’s Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located… More Info Premium Content By Matthew Smith – Mar 23, 2026, 11:00 AM CDT President Gustavo Petro’s regulatory reforms,...Continue Reading
Who Really Benefits From the Iran Conflict? Follow the Oil | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Mar 23, 2026, 11:00 AM CDT Higher oil...Continue Reading
At CERAWeek, ADNOC CEO Sultan Al Jaber warned that disrupting the Strait of Hormuz amounts to “economic terrorism,” as attacks on energy infrastructure and shipping lanes threaten global oil and gas flows and drive market volatility. SourceContinue Reading
LNG Exports Plunge to 6-Month Low as War Throttles Supply | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 23, 2026, 10:30 AM CDT Worldwide LNG exports have plunged in the past week to a six-month low as Middle Eastern supply collapsed with the de...Continue Reading
Cognite and NVIDIA are deploying NV-Tesseract AI models with Aker BP to enhance anomaly detection and predictive maintenance across offshore operations, enabling earlier fault detection, reduced downtime and improved asset reliability in oil and gas. SourceContinue Reading
McDermott has achieved ISO 50001 certification for three flagship vessels, marking a step forward in offshore energy efficiency and fleet decarbonization as operators push for lower-emissions project execution. SourceContinue Reading
Aker BP and Armada will deploy a modular offshore data center on the Norwegian Continental Shelf, enabling real-time AI-driven drilling analytics, improved operational resilience and reduced downtime through localized data processing and edge computing. SourceContinue Reading
Oil prices plunged after President Trump signaled potential talks with Iran, though disruptions in the Strait of Hormuz continue to constrain global supply, keeping markets volatile despite hopes for a near-term de-escalation. SourceContinue Reading