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
Inpex Warns Of Looming LNG Crunch in Asia | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 12, 2026, 9:30 AM CST Japan’s Inpex expects an LNG supply shortfall in the Pacific coastal region, including Asia, in 2035, as demand will nearly double from current...Continue Reading
NATO officially launched its Arctic Sentry mission on February 11 in a bid to improve the military posture of the alliance in the Arctic region. The move follows recent tensions between NATO allies Denmark and the United States over the political future of Greenland. When it was first mooted last month, several diplomats told RFE/RL...Continue Reading
Shipping Giants Forge Ahead with Green Investments Despite Carbon Price Collapse | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Feb 12, 2026, 8:00 AM CST Despite a collapse of talks over a global carbon price in the shipping industry, most...Continue Reading
IEA Slashes Oil Demand Growth Forecast For 2026 | 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 – Feb 12, 2026, 7:00 AM CST Global oil demand is expected to rise by...Continue Reading
Norway’s Oil Investments Set to Drop from 2025 High | 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 – Feb 12, 2026, 6:00 AM CST Energy firms operating offshore Norway expect investments...Continue Reading
Russia to Send Oil to Crisis-Stricken Cuba | 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 – Feb 12, 2026, 5:00 AM CST Russia plans to send soon oil and oil products...Continue Reading
Europe Gets Rare LNG Cargo from China Amid Gas Crunch | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Feb 12, 2026, 4:00 AM CST A tanker carrying liquefied gas is sailing to...Continue Reading
EU Industry Chiefs Demand Lower Energy Prices | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Feb 12, 2026, 3:00 AM CST Hundreds of business executives from European companies have demanded that the...Continue Reading
