Acteon has delivered the first MHU4400S hydraulic hammer system to Heerema Marine Contractors, supporting offshore foundation installation and pile-driving operations under a multi-million-pound supply agreement. SourceContinue Reading

Monumental Energy reported initial oil production from the Ngaere-1 workover well in New Zealand’s Taranaki basin after perforating a previously bypassed pay zone, with the well stabilizing near 120 bopd. SourceContinue Reading

Octopus CEO Urges UK To Tap North Sea Oil To Stabilize Prices | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Mar 05, 2026, 12:00 PM CST...Continue Reading

Hormuz Shock Sends China and India Racing for Russian Crude | OilPrice.com Natalia Katona Natalia Katona is a freelance commodity analyst, based in the United Arab Emirates. More Info Premium Content By Natalia Katona – Mar 05, 2026, 11:00 AM CST The effective halt of tanker traffic through the Strait of Hormuz has instantly jeopardized...Continue Reading

Drone Strike Hits Bahrain Refinery as Crack Spreads Surge | 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 – Mar 05, 2026, 10:45 AM CST Updated: Mar 05, 2026, 11:13 AM CST A...Continue Reading

Shell Signs Oil and Gas Exploration Deal in Kazakhstan | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 05, 2026, 10:30 AM CST Shell and Kazakhstan have signed an agreement for oil and gas exploration in the Zhanaturmys block in western Kazakhstan, the Kazakh Energy...Continue Reading

ADNOC CEO Sultan Al Jaber met with Japan Prime Minister Sanae Takaichi to discuss energy security as tensions in the Strait of Hormuz threaten oil and LNG flows to Asian markets. SourceContinue Reading

The world’s top crude importer, China, plans to further boost its undisclosed strategic oil reserves and expand storage capacity under its newly-unveiled five-year development plan. China will build more projects to expand its oil reserves, according to the authorities, who did not provide figures or details about the expected jump in crude reserve buildups and...Continue Reading

Japanese Refiners Urge Government to Release Strategic Oil Reserves | 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 – Mar 05, 2026, 9:30 AM CST Japan’s oil refiners, which source about 95%...Continue Reading

Senate Rejects Curbs on Trump’s War Powers | 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 – Mar 05, 2026, 8:52 AM CST US and Israeli forces are...Continue Reading