President Donald Trump said Chinese President Xi Jinping supports diplomatic efforts to reopen the Strait of Hormuz as Gulf shipping disruptions and vessel security incidents continue to pressure global oil and LNG markets. SourceContinue Reading

Russia’s Oil Windfall Gets Bigger as Hormuz Stays Shut | 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 14, 2026, 11:30 AM CDT Russia just found itself on the right side...Continue Reading

Who Really Rules Iran Now? | 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 – May 14, 2026, 11:00 AM CDT The IRGC has emerged as the dominant...Continue Reading

China’s Gasoline Consumption Could Plunge 5.5% in 2026 as Oil Prices Surge | 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 14, 2026, 10:30 AM CDT China’s gasoline demand has dropped since the Iran war upended the global oil markets...Continue Reading

Decom Engineering has appointed Keith McDermott as chairman as the company expands its offshore decommissioning, subsea engineering and industrial cutting technology operations across global energy markets. SourceContinue Reading

The Louisiana Legislature has unanimously endorsed the proposed Argent LNG export facility at Port Fourchon, backing development of the 25-MMtpa project as it advances through the federal permitting process. SourceContinue Reading

Permian Gas Glut Means Producers Are Paying Buyers to Haul It Away | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – May 14, 2026, 10:00 AM CDT...Continue Reading

Sinopec Opens Major Ultra-Deep Shale Gas Play in China | 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 14, 2026, 9:30 AM CDT Chinese state oil giant Sinopec is opening a major ultra-deep shale gas find after obtaining official government...Continue Reading

Global Oil Stockpiles Plunge as Iran War Chokes Supply | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – May 14, 2026, 9:00 AM CDT The IEA said...Continue Reading

ABL has been appointed marine warranty surveyor for Subsea7’s transportation and installation campaign supporting the Mero 3 and Mero 4 offshore Brazil developments in the Santos basin. SourceContinue Reading