Norway Strike Could Hit 600 Offshore Workers as Wage Talks Collapse | OilPrice.com Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Related News By Michael Kern – Jun 01, 2026, 10:30 AM CDT A...Continue Reading
Inside The Iran Deal That May Change Nothing — But Could Smash Oil Prices Anyway | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Jun 01, 2026,...Continue Reading
Industry leaders, policymakers and operators will gather in St. John’s this week for the Energy NL Conference & Exhibition, where discussions will focus on offshore oil and gas development, local content opportunities and the future of Newfoundland and Labrador’s energy sector. SourceContinue Reading
bp and its ACG partners have commenced the first commercial non-associated gas production at the Azeri-Chirag-Gunashli field offshore Azerbaijan, opening a new development phase with an estimated 4 Tcf to 6 Tcf of recoverable gas resources. SourceContinue Reading
Parex Resources has completed its $500 million acquisition of Frontera E&P’s Colombian assets, adding approximately 37,000 boed of production and establishing the company as Colombia’s largest independent oil and gas producer. SourceContinue Reading
UPDATED 10:20 EST, MONDAY JUNE 1ST: Oil prices exploded higher Monday, with U.S. crude leaping more than 7% after Iran’s state-affiliated media reported that Tehran is cutting off diplomatic channels with Washington and moving to fully block the strategic Strait of Hormuz. The sudden breakdown in diplomacy shattered fragile market optimism, reversing earlier trading dynamics...Continue Reading
Oil prices climbed sharply after reports that Iran plans to suspend communications with the United States, raising concerns about ongoing ceasefire negotiations and efforts to restore energy exports through the Strait of Hormuz. SourceContinue Reading
Trump Hardens Terms as Iran Negotiations Reach Critical Stage | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Jun 01, 2026, 9:00 AM CDT The Trump administration has reportedly submitted a tougher framework proposal after Iran resisted previous terms concerning its nuclear material....Continue Reading
Weatherford has agreed to acquire NCS Multistage in a move that expands its well completions portfolio and strengthens its exposure to unconventional oil and gas development, while adding completion and production optimization technologies to its global offering. SourceContinue Reading
Russia Bans Jet Fuel Exports as Ukrainian Attacks Cripple Refining | 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 01, 2026, 8:30 AM CDT Russia is...Continue Reading
