EnerMech has secured a multi-year contract to deliver integrated topside process, maintenance and integrity services across offshore assets in the UK Continental Shelf. SourceContinue Reading

Iran intensified pressure on shipping in the Strait of Hormuz, with gunboats firing on commercial vessels while its own oil tankers moved beyond the chokepoint, testing a U.S.-enforced blockade. SourceContinue Reading

Japan’s Japex To Quadruple Oil and Gas Production, Eyes U.S. Expansion | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Apr 22, 2026, 11:30 AM CDT Japan Petroleum Exploration (Japex) has unveiled plans to invest 1.16 trillion yen ($7.3...Continue Reading

Empowering Pumps & Equipment and Gulf Energy Information partner to launch an event focused on operators and engineers working with flow systems across oil and gas, refining, petrochemical, and water. SourceContinue Reading

Valeura has chartered a jack-up drilling rig for a three-year term to support development and exploration drilling across its Gulf of Thailand assets through 2029. SourceContinue Reading

A Kyrgyz-registered cryptocurrency exchange, slapped with Western sanctions for helping Russia finance its war effort in Ukraine, has experienced a hack that sucked over 1 billion rubles (over $13 million) out of users’ crypto wallets. The exchange, Grinex, announced via its Telegram channel on April 16 that it was suspending operations. Exchange representative alleged the...Continue Reading

Santos is restructuring its Australia and Papua New Guinea upstream operations to cut costs and improve efficiency as the company shifts focus from growth to profitability. SourceContinue Reading

Traders Placed $430M Bets Minutes Before Trump Extended Iran Ceasefire | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Apr 22, 2026, 10:30 AM CDT Unidentified traders executed a highly suspicious $430-million bearish bet on crude oil futures roughly...Continue Reading

Crude oil inventories in the United States increased by 1.9 million barrels during the week ending April 17, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 465.7 million barrels according to government data, which is still 3% above the five-year average for this...Continue Reading

Lufthansa Cancels Unprofitable European Summer Routes to Save Jet Fuel | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 22, 2026, 9:30 AM CDT Lufthansa Group will remove a total of 20,000 short-haul flights from its European summer schedule, Europe’s biggest airline said as the...Continue Reading