Dallas Fed President Lorie Logan warned that U.S. shale producers may be unable to offset global oil and natural gas supply disruptions if shipping through the Strait of Hormuz does not return to normal levels soon. SourceContinue Reading

African investors and energy companies are increasingly targeting Brazil’s pre-salt developments and Argentina’s LNG infrastructure expansion as part of a broader push to diversify upstream and energy investments beyond domestic markets. SourceContinue Reading

Strohm has secured its first offshore Egypt contract to supply a thermoplastic composite pipe flowline for the West Delta Deep Marine gas development, supporting subsea infrastructure upgrades in nearly 600 m of water. SourceContinue Reading

President Donald Trump said the U.S. remains dissatisfied with negotiations aimed at ending the conflict with Iran and reopening the Strait of Hormuz, pushing back against earlier Iranian media reports suggesting a deal could soon normalize maritime traffic through the vital waterway. SourceContinue Reading

Trident Energy is expanding its offshore Congo portfolio through redevelopment of mature oilfields, applying operational strategies previously used to increase production and extend asset life in Equatorial Guinea. SourceContinue Reading

Iranian state media reported that maritime traffic through the Strait of Hormuz could return to normal within a month of a proposed U.S.-Iran interim agreement, easing concerns across global oil and LNG markets. SourceContinue Reading

Former bp chairman Albert Manifold said he was removed without warning or explanation after the company cited governance and conduct concerns, escalating leadership turmoil at the oil major. SourceContinue Reading

ExxonMobil and ConocoPhillips are negotiating potential re-entry into Venezuela’s upstream sector while seeking stronger investment protections, contract stability and mechanisms to recover billions tied to past nationalizations. SourceContinue Reading

SBM Offshore has received an ABS Statement of Maturity for its seawater intake riser technology, a system designed to improve FPSO cooling efficiency and reduce fuel gas consumption and emissions in offshore operations. SourceContinue Reading

Oil prices rebounded as renewed military tensions between the U.S. and Iran complicated negotiations aimed at reopening the Strait of Hormuz, prolonging uncertainty across global crude and LNG markets. SourceContinue Reading