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Oil Prices Retreat on Prospect of Iran oil Sanctions Easing

February 18, 2022

An offshore field in Iran / Credit: Alireza824/Wikimedia Commons
An offshore field in Iran / Credit: Alireza824/Wikimedia Commons

Current News

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Iran War Exposes Risks of Fossil Fuel Dependence

Iran War Exposes Risks of Fossil Fuel Dependence

Sunda Energy Secures Environmental License for Drilling Ops off Timor-Leste

Sunda Energy Secures Environmental License for Drilling Ops off Timor-Leste

Oil Drops 7% After Trump Predicts War Could End Soon

Oil Drops 7% After Trump Predicts War Could End Soon

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US extends Venezuela sanctions waivers to boost fertilizer and electricity investments
Petrobras Brazil to increase diesel prices after Oil Shock
JERA's exec claims that there is no immediate shortage of LNG in Japan, but they are currently in negotiations for additional supply.
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