WhiteHawk Energy has agreed to acquire 150,000 gross acres of Haynesville shale mineral and royalty interests, including 500 producing wells and 1,000 development locations. SourceContinue Reading
Qatar suspended production at its Ras Laffan LNG plant after a drone attack, disrupting roughly 20% of global LNG supply and tightening gas markets worldwide. SourceContinue Reading
Saudi Aramco halted operations at its 550,000-bpd Ras Tanura refinery after a drone strike, though crude exports from nearby terminals remain operational. SourceContinue Reading
Oil prices surged nearly 9% as traffic through the Strait of Hormuz slowed dramatically amid escalating Middle East conflict, raising supply disruption fears. SourceContinue Reading
Israel temporarily shut natural gas production at key offshore fields, including Karish, amid escalating conflict with Iran, raising concerns over regional gas exports. SourceContinue Reading
Unprecedented U.S.–Israeli strikes on Iran have jolted oil markets, with analysts warning that crude prices could spike sharply in the coming days. In this exclusive analysis, World Oil editor-in-chief Kurt Abraham examines the short-term surge risk, OPEC+’s response, the vulnerability of the Strait of Hormuz, and why longer-term fundamentals may ultimately temper the rally. SourceContinue Reading
Unprecedented U.S.–Israeli strikes on Iran have jolted oil markets, with analysts warning that crude prices could spike sharply in the coming days. In this exclusive analysis, World Oil editor-in-chief Kurt Abraham examines the short-term surge risk, OPEC+’s response, the vulnerability of the Strait of Hormuz, and why longer-term fundamentals may ultimately temper the rally. SourceContinue Reading
Two oil tankers were attacked near the Strait of Hormuz as Iran-related tensions escalate, raising concerns over potential disruption to a chokepoint that carries roughly 20% of global seaborne crude and LNG flows. SourceContinue Reading
Venezuela’s PDVSA and Hydrocarbon Ministry have signed a memorandum of understanding with the African Energy Chamber to strengthen oil and gas investment, upstream cooperation and joint energy development initiatives. SourceContinue Reading
U.S. President Trump’s strike on Iran has raised fresh concerns over global oil supply, with risks to Iran’s 3 million bpd production and potential disruption to Strait of Hormuz shipments that carry roughly 20% of global crude flows. SourceContinue Reading
