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Iraq Turns to Risky Overland Routes as Oil Exports Collapse | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Apr 21, 2026, 7:00 PM CDT Iraq’s oil exports have collapsed by up to 80% due to the Hormuz disruption,...
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Peak demand in the Electric Reliability Council of Texas (ERCOT) territory could more than quadruple to 367,790 MW by 2032, driven primarily by data centers as well as other large load customers, the grid operator said in a preliminary forecast published Wednesday and noted by Utility Dive. ERCOT, which serves most of Texas, set its current peak demand record of 85,508...
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Saipem has secured early-stage SURF work on ExxonMobil’s Longtail project offshore Guyana, signaling continued momentum in one of the world’s fastest-growing deepwater basins. Source
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A last-minute extension of the Iran ceasefire has not eased tensions in global energy markets, with the U.S. maintaining its blockade of the Strait of Hormuz after negotiations with Tehran collapsed. Source
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Eni’s 5-Tcf Geliga discovery offshore Indonesia adds significant new gas volumes and reinforces the Kutei basin’s role as a key growth hub for LNG supply and deepwater development. Source
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Iran War Has Cost The World $50 Billion of Lost Oil Supply, So Far | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Apr 21, 2026, 5:00 PM CDT The Middle...
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Qatar LNG Disruption Triggers Power Crisis in Pakistan | 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 21, 2026, 4:00 PM CDT Pakistan is among the hardest-hit countries from the war, with...
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US Crude Oil, Oil Product Inventories Come Crashing Down | 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 21, 2026, 3:59 PM CDT The American Petroleum Institute (API) estimated that crude...
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Stalled U.S.-Iran talks ahead of the ceasefire deadline are casting doubt on reopening the Strait of Hormuz, leaving global oil flows and tanker traffic in limbo. Source
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Innovex has acquired Drilling Innovative Solutions, adding float valves and cementing tools to expand its downhole technology portfolio and support well construction efficiency. Source
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