Cuba’s Energy Crisis Deepens Amid U.S. Tariffs | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Feb 12, 2026, 12:00 PM CST U.S. tariff threats and sanctions have curtailed oil shipments from Venezuela and Mexico, tightening Cuba’s fuel supply. Rolling blackouts, hospital disruptions, and suspended airline...Continue Reading
Ukrainian Drone Strike Halts Major Russian Refinery in Volgograd | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Related News By Alex Kimani – Feb 12, 2026, 11:27 AM CST Russia’s Volgograd oil refinery suspended oil processing on Wednesday after a Ukrainian drone attack triggered...Continue Reading
Trump and Xi Seek Short Term Wins as Summit Nears | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Feb 12, 2026, 11:00 AM CST Trump and Xi are expected to meet in Beijing to reinforce a one-year trade truce struck at the...Continue Reading
The ONE-Dyas-operated N05-A development has become the first North Sea gas project to achieve MiQ Grade A methane certification, setting a new benchmark for low-emissions offshore gas production in Europe. SourceContinue Reading
JERA has completed its $1.5-billion acquisition of Haynesville shale gas assets in Louisiana, expanding its U.S. upstream and LNG-linked portfolio and strengthening its long-term investment across the Gulf Coast energy sector. SourceContinue Reading
Top Trader Sees Sanctions Tightening Market and Lifting Oil Prices | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 12, 2026, 10:30 AM CST The sanctions squeeze on oil supply from Russia and Iran are tightening the oil market and supporting crude prices as buyers...Continue Reading
YPF, Eni and XRG have signed a joint development agreement to advance the 12-MMtpa Argentina LNG project linked to the Vaca Muerta shale, targeting FEED work and a potential final investment decision in 2026. SourceContinue Reading
EnerMech has secured a two-year contract extension to provide offshore rig crane inspection and lifting services for a Middle East operator, supporting safe and reliable offshore drilling operations. SourceContinue Reading
SLB has secured multiple offshore drilling and well services contracts from Mubadala Energy for the Tangkulo deepwater gas development offshore Indonesia, with first gas targeted by 2028. SourceContinue Reading
Crude oil production from the OPEC+ alliance slumped by as much as 439,000 barrels per day in January compared to December as a major supply disruption in Kazakhstan added to lower output from Iran and Venezuela, OPEC data showed in its Monthly Oil Market Report (MOMR). Total OPEC+ crude oil production averaged 42.45 million barrels...Continue Reading
