SunPetro has launched India’s first 3C MEMS nodal seismic survey using Sercel WiNG technology, supporting high-resolution reservoir imaging and 4D monitoring in Gujarat. SourceContinue Reading

PetroTal raised its 2026 outlook and said it is preparing to resume development drilling at Peru’s Bretana field later this year as production stabilization efforts continue. SourceContinue Reading

IEA: Tight Gas Markets Will Last Through 2030 | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 07, 2026, 10:30 AM CDT The war in Iran and the subsequent loss of LNG supply from the Middle East are altering the...Continue Reading

How Iran Is Bypassing the Strait of Hormuz Blockade | 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 – May 07, 2026, 10:00 AM CDT Iran is importing...Continue Reading

EU: Airlines Should Pay Passengers for Cancelations due to Fuel Price Surge | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 07, 2026, 9:30 AM CDT Airlines will have to continue reimbursing travelers if they cancel flights due to high...Continue Reading

Iran’s Oil Industry Under Pressure as U.S. Naval Blockade Begins to Bite | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – May 07, 2026, 9:00 AM CDT An Iranian source reportedly acknowledged that the U.S. naval blockade is severely damaging its economy and...Continue Reading

Devon and Coterra have completed their merger, creating a major U.S. shale operator with expanded Delaware basin scale and operations spanning the Anadarko, Eagle Ford and Marcellus plays. SourceContinue Reading

Angola’s First New Refinery in 50 Years Ships Its First Fuel Cargoes | 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 – May 07, 2026, 8:30 AM CDT The Cabinda oil refinery...Continue Reading

EU Imports of Yamal Gas Hit Record Ahead of Ban on Russian LNG | 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 – May 07, 2026, 7:30 AM CDT The EU boosted...Continue Reading

Oil Prices Waver as Market Weighs Chances of U.S.-Iran Deal | 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 – May 07, 2026, 5:00 AM CDT Front-month Brent Crude futures dropped to...Continue Reading