China has proposed a large offshore logistics platform powered by nuclear energy that would function as both a cargo transfer hub and a refuelling/charging centre for ships, according to the South China Morning Post. The concept, unveiled by Jiangnan Shipyard, combines port infrastructure, energy generation, and cargo handling into a single floating facility aimed at...Continue Reading

Hormuz Shutdown Forces Malaysia to Overhaul Crude Supply Chain | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 10, 2026, 11:30 AM CDT Malaysia is looking to diversify its crude sourcing with supply from the U.S., South America, and Africa as the Hormuz crisis has...Continue Reading

UK Economy Set to Shrink as Iran Energy Shock Hits Growth | 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 – Jun 10, 2026, 11:00 AM CDT Economists...Continue Reading

EnQuest Bets $833 Million on Malaysia’s Offshore Oil | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 10, 2026, 10:30 AM CDT EnQuest PLC has agreed to buy interests in four production sharing contracts offshore Malaysia from local state firm Petronas for up to $833...Continue Reading

Crude oil inventories in the United States decreased by 7.2 million barrels during the week ending June 5, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 426.5 million barrels, according to government data, which is now 5% below the five-year average for this...Continue Reading

EU Moves Against Russian LNG Shipping As Arctic Gas Imports Surge | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jun 10, 2026, 9:30 AM CDT Brussels is proposing new restrictions on Russia’s LNG shipping sector even as Europe remains the primary destination for Russian Arctic...Continue Reading

Washington Walks a Tightrope After Striking Iran | 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 10, 2026, 9:00 AM CDT The U.S. targeted Iranian air...Continue Reading

KKR Eyes $6.7 Billion Takeover of Irish Energy Distributor DCC | 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 10, 2026, 8:30 AM CDT A consortium...Continue Reading

Solar Tops Coal in U.S. Power Mix for the First Month Ever | 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 10, 2026, 7:30 AM CDT...Continue Reading

Kazakhstan Oil Buyers Demand More Supply as Hormuz Closure Tightens 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 10, 2026, 6:30 AM CDT Customers...Continue Reading