MODS has renewed its offshore digital project delivery agreement with CB&I Asset Solutions, extending deployment of the MODS Connect software suite across UK Continental Shelf assets to support workflow visibility and project execution. SourceContinue Reading

Copper Nears Record High as Traders Tune Out Trump’s Iran Rejection | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – May 12, 2026, 12:00 PM CDT Copper climbed as much as 0.5% to $13,643 a ton on the LME Monday, its...Continue Reading

Eni Looks to Cash In on LNG Boom With FLNG Fund Deal | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – May 12, 2026, 11:30 AM CDT Eni is looking to squeeze...Continue Reading

Ned Marine has launched drone and subsea ROV inspection services for offshore and marine assets, expanding its NDT capabilities with remote technologies designed to reduce downtime, improve safety and accelerate vessel and infrastructure inspections. SourceContinue Reading

Petralon Energy has increased production at Nigeria’s Dawes Island field to approximately 4,800 bopd following startup of the DI-3 well, marking the company’s second consecutive production well since achieving first oil in late 2025. SourceContinue Reading

Trump’s Ceasefire Warning Sends Oil Prices Higher Again | 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 Premium Content By Tom Kool – May 12, 2026, 11:01 AM CDT Brent crude nears $110...Continue Reading

Suriname’s Delayed Oil Boom Is Finally Ready for Takeoff | 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 – May 12, 2026, 11:00 AM CDT Suriname’s offshore oil...Continue Reading

An Iraqi oil supertanker reversed course near the U.S. naval blockade line in the Strait of Hormuz as commercial shipping traffic through the critical energy chokepoint remained severely restricted amid escalating tensions between Washington and Tehran. SourceContinue Reading

Asia’s Major LNG Importers Japan and Korea Turn to Coal | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 12, 2026, 10:30 AM CDT Spiking LNG prices and reduced supply from the Middle East have prompted Japan and South Korea to raise coal power generation...Continue Reading

Global Supply Shock Reignites Oil Exploration Boom | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – May 12, 2026, 10:00 AM CDT Major energy firms, including SLB, Baker Hughes, and ExxonMobil say the...Continue Reading