Indonesia Energy Corporation remains on schedule to spud the K-29 well at its Kruh Block asset in Indonesia later this month after completing rig installation, safety inspections and key pre-drilling preparations. SourceContinue Reading

Germany’s Big LNG Deal With Canada May Never Deliver a Single Cargo | 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 – Jun 10, 2026, 2:00 PM CDT...Continue Reading

US and Central Asian officials will meet June 11-12 in the Kazakh capital Astana to explore deals concerning the mining and processing of critical minerals. The gathering marks a step forward for the C5+1 Dialogue, which strives to expand economic, educational, and political ties linking the United States and Central Asia. The meeting, officially titled...Continue Reading

Energy Prices Drive U.S. Inflation To Three-Year High | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 10, 2026, 12:30 PM CDT U.S. inflation climbed above 4% for the first time in three years in May as rising energy costs tied to the Iran war...Continue Reading

China has proposed a large offshore logistics platform powered by nuclear energy that would function as both a cargo transfer hub and a refuelling/charging centre for ships, according to the South China Morning Post. The concept, unveiled by Jiangnan Shipyard, combines port infrastructure, energy generation, and cargo handling into a single floating facility aimed at...Continue Reading

Hormuz Shutdown Forces Malaysia to Overhaul Crude Supply Chain | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 10, 2026, 11:30 AM CDT Malaysia is looking to diversify its crude sourcing with supply from the U.S., South America, and Africa as the Hormuz crisis has...Continue Reading

UK Economy Set to Shrink as Iran Energy Shock Hits Growth | 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 – Jun 10, 2026, 11:00 AM CDT Economists...Continue Reading

EnQuest has agreed to acquire interests in four offshore Malaysia production-sharing contracts for up to $833 million, adding approximately 57,400 boed of production and increasing group reserves by 85% as it expands its Southeast Asia portfolio. SourceContinue Reading

An oil tanker linked to previous Iranian crude shipments reported a fire while transiting the Gulf of Oman, prompting responses from maritime security agencies and raising fresh concerns about shipping security near the Strait of Hormuz. SourceContinue Reading

EnQuest Bets $833 Million on Malaysia’s Offshore Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 10, 2026, 10:30 AM CDT EnQuest PLC has agreed to buy interests in four production sharing contracts offshore Malaysia from local state firm Petronas for up to $833...Continue Reading