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Kongsberg Maritime, Seadrill and Hanwha Drilling have formed an alliance to develop remote dynamic positioning (DP) technology aimed at improving safety, automation and operational efficiency for offshore drilling rigs. Source
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Pakistan-Afghanistan Conflict Halts Critical Central Asian Trade Routes | OilPrice.com Eurasianet Eurasianet is an independent news organization that covers news from and about the South Caucasus and Central Asia, providing on-the-ground reporting and critical perspectives on… More Info Premium Content By Eurasianet – Mar 04, 2026, 2:00 PM CST “Open war” has erupted between Pakistan...
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Nowhere To Run There don’t appear to be many safe havens as the situation in Middle East continues to evolve. Not in markets, and not in the region either. At the time of writing, Israel has launched a new strike on Iran. And the US is considering arming Kurdish forces, trying to convince them to take...
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Middle East Conflict Poised to Benefit U.S. Chemical Manufacturers | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Mar 04, 2026, 12:00 PM CST Goldman Sachs analysts project that US chemical manufacturers will benefit from Middle East energy disruptions and rising oil prices...
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The Senate Energy and Natural Resources Committee has approved Steve Pearce’s nomination to serve as director of the Bureau of Land Management, advancing the nomination to the full Senate as industry groups call for leadership at the agency overseeing federal oil and gas leasing. Source
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Newfoundland and Labrador has signed a benefits agreement with Equinor and bp for the Bay du Nord offshore oil project, outlining local supply chain participation and advancing the development toward future investment decisions. Source
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U.S. Gives Rosneft’s German Refinery Network Open-Ended Sanctions Exemption | 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 – Mar 04, 2026, 11:30 AM CST The U.S. government will exempt the German units of Russian oil major Rosneft PJSC from...
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Canada and India Sign Landmark Uranium Deal Worth $2.6B | OilPrice.com Andrew Topf With over two decades of journalistic experience working in newspapers, trade publications and as a mining reporter, Andrew Topf is a seasoned writer specializing in… More Info Premium Content By Andrew Topf – Mar 04, 2026, 11:00 AM CST Canada is expanding...
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Crude storage tanks across the Middle East are rapidly filling as exports through the Strait of Hormuz remain blocked, raising the risk that major producers may be forced to cut output if shipments do not resume soon. Source
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The African Energy Chamber has signed a cooperation agreement with Venezuela’s energy ministry and PDVSA to expand upstream investment, gas development and energy trade between Africa and the South American producer. Source
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