The Iran War Has Turned VLCCs Into $650,000-a-Day Assets | OilPrice.com Julianne Geiger Julianne Geiger is a veteran energy journalist and market analyst with more than a decade of experience covering the global oil and gas sector. Her… More Info Related News By Julianne Geiger – Aug 28, 2026, 12:30 PM CDT More Gulf oil...Continue Reading

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US staying at 588, up 52 from this same time last year. The number of active oil rigs...Continue Reading

Gas Prices in Asia and Europe Jump as Qatar Extends LNG Force Majeure | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 28, 2026, 11:30 AM CDT Natural gas prices in Asia and Europe jumped on Friday as the market digested reports that Qatar has...Continue Reading

Oil Shrugs Off Trump’s ‘Toughest Sanctions in History’ | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – Aug 28, 2026, 10:55 AM CDT Oil holds near $90...Continue Reading

Elementz and FutureOn are integrating subsea inspection and integrity data into the FieldTwin Operate digital twin platform, allowing offshore engineers to view asset condition, anomalies and planned work within a single environment. SourceContinue Reading

Ukraine Drones Spark Fire at Russian Refinery as Fuel Crisis Worsens | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 28, 2026, 10:30 AM CDT Ukraine’s forces struck the Slavneft-YANOS oil refinery in Yaroslavl, Russia, early on Friday, with drones causing a fire at the...Continue Reading

Sapphire Gas Solutions has acquired EDGE LNG, adding approximately 200,000 gal/day of modular liquefaction capacity and expanding its ability to produce, deliver and vaporize LNG across the southern U.S. SourceContinue Reading

Qatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG Traffic | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 28, 2026, 9:30 AM CDT Qatar’s state-owned QatarEnergy has extended by several weeks its force majeure on LNG deliveries to customers as the LNG flows...Continue Reading

Venezuela is considering leaving OPEC just months after the UAE’s withdrawal, raising questions about the producer group’s cohesion and its ability to manage global oil supplies as geopolitical shifts reshape the market. SourceContinue Reading

Trump Dismisses NATO Attack Fears After CIA Chief’s Moscow Trip | 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 – Aug 28, 2026, 9:00 AM CDT Trump said...Continue Reading