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Aramco has selected McDermott for a long-term project management consultancy agreement supporting energy, petrochemical and low-carbon developments across Saudi Arabia, strengthening the contractor’s role in the Kingdom’s future project portfolio. Source
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Fresh military exchanges between the U.S. and Iran are placing new strain on a fragile ceasefire and raising uncertainty around negotiations aimed at reopening the Strait of Hormuz and restoring regional energy flows. Source
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Nuclear Startups Are in “Advanced Negotiations” to Buy Cold War Plutonium | OilPrice.com Haley Zaremba Haley Zaremba is an energy journalist and researcher with more than a decade of professional experience covering global energy systems, land and natural resources, and… More Info Premium Content By Haley Zaremba – Jun 03, 2026, 4:00 PM CDT The...
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Transportadora de Gas del Sur is pursuing a roughly $1 billion financing package to support its $3 billion Vaca Muerta NGL project, a major infrastructure development designed to expand processing, transportation and export capacity for Argentina’s growing shale sector. Source
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CRP Subsea has expanded its hydrostatic testing capabilities with the installation of four new pressure vessels designed to support API 17L qualification testing and improve efficiency for subsea product validation. Source
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A Barrel Trapped Behind Hormuz Isn’t Spare Capacity | OilPrice.com Jan-Thore Bergsagel Jan-Thore is a Norwegian oil and gas expert with two decades of industry experience across a variety of roles. For the past five years, he… More Info Premium Content By Jan-Thore Bergsagel – Jun 03, 2026, 3:00 PM CDT Oil markets entered 2026...
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States Take Trump to Court Over Offshore Wind Cancelations | 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 03, 2026, 2:00 PM CDT A coalition of...
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Kazakhstan is turning to a US government agency for help on water conservation. Experts from the Kazakh water-management agency Kazvodhoz held talks recently with representatives of the US Bureau of Reclamation on ways to reduce water use in the agricultural sector, the Kazakh news outlet InBusiness.kz reported. The US Embassy in Astana facilitated the discussions. “The parties paid...
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Copper Tops $14,000 With Banks Calling for Even More Upside | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Premium Content By Michael Kern – Jun 03, 2026, 12:00 PM CDT Goldman Sachs...
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Kuwait Says Oil Output Won’t Recover for 10-12 Weeks After Hormuz Reopens | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 03, 2026, 11:30 AM CDT Kuwait Petroleum Company expects it will take considerably longer to restore oil production than many traders appear to assume...
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