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IEA Launches Record 400-Million-Barrel Emergency Oil Release | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 11, 2026, 10:00 AM CDT The International Energy Agency (IEA) and its member nations have agreed to release a record 400 million barrels of oil from strategic reserves in...
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Crude oil inventories in the United States increased by 3.8 million barrels during the week ending March 6, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The increase brings commercial stockpiles to 443.1 million barrels according to government data, which is still 2% below the five-year average for this...
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LNG suppliers including Shell have declared force majeure on contracts after a shutdown at Qatar’s massive Ras Laffan export facility, highlighting the ripple effects of supply disruptions in the global gas market. Source
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Eco Atlantic has agreed to acquire JHI Associates in a deal valued at about $52 million, gaining offshore exploration interests in the North Falkland basin and Guyana’s Canje block. Source
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Activist Shareholders Challenge BP on Rejected Climate Resolution | 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 11, 2026, 9:30 AM CDT Green activist investor Follow This has vowed to...
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Guyana is advancing a 25,000-sq-km offshore multi-client seismic survey supported by Viridien to improve subsurface data, de-risk exploration and support future licensing rounds in the Guyana basin. Source
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Viridien has launched a new seismic reimaging project covering roughly 9,000 sq km of 3D data in India’s offshore Mahanadi basin, aiming to improve subsurface imaging and unlock new exploration opportunities. Source
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Forum Energy Technologies has launched the Ice® Unity Remote-Connect system, allowing operators to remotely control subsea ROV systems from any location while monitoring operations and streaming survey data in real time. Source
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TotalEnergies has started production from the Lapa South-West project in Brazil’s Santos basin, adding 25,000 bpd through new wells tied back to the existing Lapa FPSO as the company expands its offshore portfolio. Source
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Where U.S. and Israeli War Goals in Iran Diverge | 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 11, 2026, 9:00 AM CDT U.S. and Israeli...
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