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Venezuelan Acting President Delcy Rodríguez will meet Indian Prime Minister Narendra Modi as India increases Venezuelan crude imports amid supply disruptions linked to the Iran conflict and continued uncertainty surrounding the Strait of Hormuz. Source
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Shell has achieved MiQ methane certification across its entire Gulf of America/Gulf of Mexico production portfolio, with all 10 offshore assets receiving the organization’s top Grade A rating for methane emissions performance. Source
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The Petroleum Hall of Fame has opened nominations for its 2027 induction class, recognizing individuals whose contributions have helped shape the Permian basin and the broader petroleum industry. The nomination deadline is July 31, 2026. Source
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LNG Canada has issued a limited notice to proceed for its proposed Phase 2 expansion in Kitimat, British Columbia, allowing Fluor and JGC to begin early project activities as the partners evaluate a final investment decision that could double LNG export capacity. Source
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IEA: Global Oil Stocks on Track for Historical Lows Ahead of Summer Peak | 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 – Jun 02, 2026, 9:30 AM CDT The International Energy Agency (IEA) has warned that global oil markets...
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EU Backs Sanctions Relief Path If Iran Accepts Strict Conditions | 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 – Jun 02, 2026, 9:00 AM CDT Kaja Kallas...
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HSBC Flags a Super-Squeeze In the Oil Market | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 02, 2026, 8:30 AM CDT The Middle East crisis...
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China Solar Makers Launch Space Energy Development Alliance | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 02, 2026, 7:30 AM CDT China’s solar manufacturing industry...
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Venezuela Oil Exports Hit 7-Year High | OilPrice.com Tsvetana Paraskova What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… More Info Related News By Tsvetana Paraskova – Jun 02, 2026, 6:30 AM CDT Venezuela’s oil exports inched up from...
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Oil Pulls Back as Trump Claims Lebanon Ceasefire Deal Is Within Reach | 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 – Jun 02, 2026, 5:30 AM CDT The oil price rally lost steam after President Donald Trump’s diplomatic efforts...
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