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May 11, 2026
India Rejects Russian LNG Under Sanctions | 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 – May 11, 2026, 11:30 AM CDT India has officially declined Russia’s offer to sell liquefied natural gas (LNG) from projects currently under U.S. sanctions,...
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Seadrill added more than $860 million to its offshore drilling backlog during first-quarter 2026, driven by new deepwater rig awards in Brazil, the U.S. Gulf and Angola as the company raised its full-year outlook amid strengthening offshore demand. Source
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Emerson has launched the AspenTech AVA industrial AI platform, designed to help industrial operators accelerate enterprise AI adoption through AI-assisted workflows, operational decision support and real-time industrial data integration. Source
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The Energy Workforce & Technology Council (EWTC) reported a second consecutive month of U.S. energy services job growth in April, as companies cautiously expand hiring amid improving market conditions and ongoing geopolitical uncertainty. Source
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Oil Prices Jump After Trump Rejects Iran’s Peace Proposal | 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 – May 11, 2026, 11:10 AM CDT Oil prices rallied on Monday morning after U.S. President Donald Trump rejected Iran’s response to...
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Fewer passengers were heading to Heathrow Airport in April as the war in the Middle East keeps travellers grounded. Passenger numbers at Europe’s biggest airport fell by five per cent in April to 6.7m with the blame being attributed to the “ongoing impact of the Middle East conflict”. For those heading to that particular region,...
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The European oil majors with the biggest trading desks raised their trading profits by up to $4.75 billion in the first quarter from the end of last year, amid extreme market volatility driven by the war in Iran. The biggest European majors, BP, Shell, and TotalEnergies, likely earned between $3.3 billion and $4.75 billion more...
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Europe’s Renewable-Plus-Battery Market Set to Quintuple by 2030 | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 11, 2026, 9:30 AM CDT Capacity installations of renewable energy co-located with batteries for storage are expected to surge in Europe from 6...
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Why Bernie Sanders Is Wrong About Gas Prices | 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 – May 11, 2026, 9:00 AM CDT Gasoline prices can diverge...
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DOF Group ASA has secured nearly $2 billion in long-term Petrobras contracts for four new ROV support vessels supporting subsea inspection, maintenance and repair operations in Brazil’s deepwater offshore market. Source
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