Clariant has successfully deployed its HYTREAT ECO hydrate inhibitor technology in North Sea fields offshore Norway and the UK, offering operators an OSPAR-compliant alternative to conventional methanol and MEG-based flow-assurance programs. SourceContinue Reading

Moscow Refinery May Stay Offline Until 2027 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 24, 2026, 10:30 AM CDT The Moscow Oil Refinery is highly unlikely to resume production before 2027 after suffering extensive structural damage from multiple strikes by Ukraine’s long-range drones,...Continue Reading

Crude oil inventories in the United States decreased by 6.1 million barrels during the week ending June 19, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 412.1 million barrels, according to government data, which is now 7% below the five-year average for this...Continue Reading

U.S. Steel has approved a $475 million investment in a new quench and tempering line at its Fairfield Tubular Operations in Alabama. The project will expand heat-treated OCTG production capacity, strengthen domestic supply chains and support growing demand from key U.S. oil and gas basins, including the Permian, Eagle Ford, Haynesville and Appalachia. SourceContinue Reading

Brent crude fell below $75/bbl for the first time since the Iran conflict began as tanker traffic through the Strait of Hormuz continued to increase and U.S.-Iran peace talks showed early signs of progress. SourceContinue Reading

EnerMech has completed a pipeline flushing and cleaning project for Subsea7 as part of an offshore field decommissioning program in the U.S. Gulf of America/Mexico. SourceContinue Reading

UK Climate Panel Urges Faster Electrification to Lower Energy Bills | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 24, 2026, 9:30 AM CDT UK’s slower-than-expected...Continue Reading

Rubio Heads to Gulf as Iran Deal Sparks Anxiety Among U.S. Allies | 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 – Jun 24, 2026, 9:00 AM CDT...Continue Reading

Euro Sinks To One-Year Low As Oil Price Drop Fuels ECB Rate Cut Bets | 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 – Jun 24, 2026, 8:30 AM CDT The euro has sunk to a one-year low, with easing...Continue Reading

VLCC Earnings Near $470,000 a Day as Hormuz Hopes Drive Tanker Frenzy | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 24, 2026, 7:30 AM CDT...Continue Reading