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Shell Sanctions $2.5B Crux Gas Field Development Offshore Australia

May 30, 2022

Current News

Strike Threat Grows at Ichthys LNG after Workers Reject Deal

Strike Threat Grows at Ichthys LNG after Workers Reject Deal

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

MidEast Energy Output Recovery to Take Two Years, IEA Says

MidEast Energy Output Recovery to Take Two Years, IEA Says

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Toyo, OneSubsea Form Subsea CCS Partnership

Toyo, OneSubsea Form Subsea CCS Partnership

Japan to Launch $10B Fund to Help Asia Secure Oil

Japan to Launch $10B Fund to Help Asia Secure Oil

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Georgieva: Venezuela is likely to receive IMF support for loan after the necessary groundwork.
President of Lebanon says that ceasefire agreements should be permanent
The Fed may reconsider its options in the future if oil prices fall and the Strait of Hormuz is reopened.
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