bp CEO Meg O’Neill is restructuring the company to simplify operations and return to a traditional upstream and downstream model, as the company seeks to improve performance. SourceContinue Reading
Transocean has secured a $445 million contract extension with Petrobras for the Deepwater Corcovado drillship, extending operations offshore Brazil through 2030. SourceContinue Reading
Petrobras has approved FID for its SEAP I project offshore Brazil, advancing a major FPSO-led development that could unlock over 1 billion boe and expand gas supply from a new frontier basin. SourceContinue Reading
Philippines Asks Washington to Extend Russian Oil Waiver | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 14, 2026, 9:30 AM CDT The Philippines, one of Southeast Asia’s biggest economy which is grappling with an energy crisis due to the Middle East supply shock, has...Continue Reading
Oil Markets on Edge as U.S. Blockade Takes Effect | 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 – Apr 14, 2026, 9:00 AM CDT The U.S. blockade...Continue Reading
Iran Showing Signs of Capitulating Over Strait Of Hormuz | 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 14, 2026, 8:43 AM CDT Iran may halt its own oil shipments through...Continue Reading
Nomura: Full U.S. Blockade Could Cut Off Another 2.3 Million Bpd Oil Supply | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 14, 2026, 8:30 AM CDT Oil supply from the Middle East could drop by another 2.3 million barrels per day (bpd) if the...Continue Reading
ANZ Raises Brent Forecast to $90 as Hormuz Blockade Removes 10 Million Bpd | 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 Related News By Tsvetana Paraskova – Apr 14, 2026, 7:30 AM CDT Brent crude prices...Continue Reading
HSBC Sees A U.S.-Iran Deal As Key To Restoring Oil and Gas Flows | 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 Related News By Tsvetana Paraskova – Apr 14, 2026, 6:30 AM CDT A peace deal...Continue Reading
BP Flags Exceptional Oil Trading Profit as Middle East War Drives Q1 Volatility | 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 Related News By Tsvetana Paraskova – Apr 14, 2026, 5:30 AM CDT BP expects to...Continue Reading
