The statewide average for 87-octane gasoline in California has topped $6 a gallon as the Iran-war-driven global energy crunch ripples across the West Coast, the hardest-hit U.S. region. Meanwhile, the national average remains above the politically sensitive $4-a-gallon threshold, hovering around $4.30, according to AAA data as of Thursday morning. It’s clear that bad ‘green’ energy...Continue Reading
ConocoPhillips is excluding Qatar volumes from guidance as Middle East disruption impacts output, while Lower 48 operations continue to drive production. SourceContinue Reading
The $12 Billion Pipeline That Could Help Ease Europe’s Gas Crisis | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Apr 30, 2026, 1:00 PM CDT Turkey lost Iranian...Continue Reading
Subsea7 has been awarded an EPCI contract by ExxonMobil for a subsea tie-back project in Block 15 offshore Angola, valued between $150 million and $300 million. SourceContinue Reading
OPEC+ is expected to approve a modest production increase despite the UAE’s exit and ongoing disruption to oil flows through the Strait of Hormuz. SourceContinue Reading
JDR Cable Systems has been awarded a contract to supply subsea control umbilicals for Amplitude Energy’s offshore gas project supporting supply to Victoria, Australia. SourceContinue Reading
Net Crude Supply Loss is 9 Million Bpd Despite Surge in Atlantic Exports: Vortexa | 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 – Apr 30, 2026, 12:30 PM CDT The Strait of...Continue Reading
Eco Atlantic has advanced its acquisition of JHI Associates, positioning the company to secure a 35% interest in the PL001 offshore block in the Falkland Islands. SourceContinue Reading
Newfoundland and Labrador’s 2026 budget includes $90 million for offshore exploration, with industry pointing to growing momentum ahead of projects like Bay du Nord. SourceContinue Reading
War Puts LNG Future in the Spotlight | 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 – Apr 30, 2026, 12:00 PM CDT Asian LNG imports hit a 7-year low as Middle East disruptions...Continue Reading
