Former Cairn Energy CEO Simon Thomson has joined Alder as senior adviser, bringing more than two decades of leadership experience across the global oil and gas sector. SourceContinue Reading
Chord Energy has invested in MaverickX to support deployment of PetroX Boost, a shale production enhancement technology aimed at improving hydrocarbon recovery from unconventional wells in the Bakken and other U.S. shale basins. SourceContinue Reading
Crude oil inventories in the United States decreased by 7.9 million barrels during the week ending May 15, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 445.0 million barrels, according to government data, which is now 2% below the five-year average for this...Continue Reading
UK Eases Some Russian Oil Sanctions as Fuel Prices Soar | 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 20, 2026, 9:30 AM CDT As a result of spiking fuel prices and concerns about jet fuel supply shortages, the UK...Continue Reading
bp has signed three production sharing contracts in Indonesia, expanding its upstream portfolio near the Tangguh LNG project in Papua Barat and adding participation in the Barong block offshore East Java. SourceContinue Reading
UK Energy Bills Set to Surge as Middle East Crisis Ripples Through Gas Markets | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – May 20, 2026, 9:00...Continue Reading
Three Supertankers Carrying 6 Million Barrels Exit Strait of Hormuz | 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 – May 20, 2026, 8:30 AM CDT Three commercial supertankers carrying a combined 6 million barrels of Middle East crude oil...Continue Reading
Indonesia Tightens Grip on Key Commodity Exports | 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 20, 2026, 7:30 AM CDT Indonesia, the world’s biggest nickel producer and top coal...Continue Reading
Woodside CEO: Markets Are Badly Underestimating the LNG Supply Shock | 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 20, 2026, 6:30 AM CDT The global gas markets are seriously...Continue Reading
Energean Slashes Dividend After Israel Gas Shutdown Cuts Output | 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 20, 2026, 5:30 AM CDT UK-based oil and gas producer Energean plc...Continue Reading
