The Disappearance of Arab Heavy and Medium Crude Hits Asian Refineries Hard | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Mar 16, 2026, 4:00 PM CDT...Continue Reading

The Grid Needs an Expansion. Who Will Foot the Bill? | 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 – Mar 16, 2026, 3:00 PM CDT The shift to renewable energy and the rapid...Continue Reading

The Offshore Technology Conference (OTC) has announced the winners of its 2026 Spotlight on New Technology Awards, recognizing 17 innovations in offshore drilling, subsea systems, AI and well construction technologies. SourceContinue Reading

Monumental Energy has restarted commercial oil production from the Waihapa H1 well in New Zealand’s Taranaki basin, with seven perforations in the Mount Messenger formation delivering strong oil flow and associated gas production. SourceContinue Reading

Deep Fission Launches Groundbreaking Nuclear Project in Kansas | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Mar 16, 2026, 2:00 PM CDT Deep Fission has started...Continue Reading

An important revenue stream in Central Asia for Russia appears in danger of slowing to a trickle. The international power sector has long been lucrative for Russia, via projects developed by Rosatom, the state-controlled atomic energy entity, and other Kremlin-connected companies. But the ability of Russia and its corporate proxies to finance deals appears to...Continue Reading

China Silent After Trump Asks Beijing for Help in Strait of Hormuz | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 16, 2026, 12:30 PM CDT China has remained publicly silent after U.S. President Donald Trump on Monday urged Beijing to help reopen the Strait...Continue Reading

The International Energy Agency said emergency oil reserves from a record 400-million-barrel global stock release will begin flowing immediately to Asian markets as buyers seek to replace Middle East supply disrupted by the Strait of Hormuz shutdown. SourceContinue Reading

The world’s largest single-site aluminium smelter in the Middle East cut its output by about 20% on Sunday, marking yet another troubling development for the global economy. The disruption in the Strait of Hormuz is no longer just an energy story – it’s now spreading into industrial metals. These second- and third-order effects could soon...Continue Reading

TotalEnergies Finalizes Plan for Azeri Absheron Field’s Second Phase | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Mar 16, 2026, 11:30 AM CDT TotalEnergies expects first gas from the expansion of its Absheron gas and condensate field in Azerbaijan to...Continue Reading