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Chevron’s Wheatstone LNG Plant Remains Offline Due to Cyclone Damage

Mar 31, 2026

Chevron said on Tuesday that downstream assets at its Wheatstone liquefied natural gas plant in Western Australia suffered extensive cyclone damage, leaving both production trains offline.Danny Woodall, Chevron's director of operations and maintenance for Australia…

TotalEnergies Completes UK Upstream Merger to Form NEO NEXT+

Mar 30, 2026

TotalEnergies has completed the merger of its U.K. upstream oil and gas business with NEO NEXT, creating a new company named NEO NEXT+ and taking a 47.5% stake in the combined entity.The deal establishes NEO NEXT+ as the largest independent oil and gas producer on the U…

Big Oil to Look Beyond Middle East as War Raises Risks

Mar 30, 2026

Oil companies will have to look further afield for new fossil fuel resources now that the Iran war has dented the investment allure of the energy-rich Middle East. Higher oil prices will give them that chance.Major international oil companies…

Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Mar 30, 2026

Oil prices extended gains on Monday, with Brent headed for a record monthly rise, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the U.S.-Israel war with Iran in the Middle East.Brent crude futures LCOc1 jumped $3…

Sponsored: Global Energy Leaders to Convene at Egypt Energy Show 2026 to Strengthen Partnerships and Shape the Future of Energy Systems

Mar 30, 2026

The 9th edition of Egypt Energy Show 2026 will take place in Cairo from 30 March to 1 April 2026, bringing together Heads of State, ministers, CEOs and global energy leaders at a pivotal moment for the industry.  His Excellency Abdel Fattah El Sisi…

Big Oil to Reap Billions from Energy Price Surge

Mar 27, 2026

As Big Oil executives gathered this week and discussed the biggest-ever disruption to global energy supplies due to the war in Iran, there was one impact they did not address publicly: the multibillion-dollar windfall they will make because of soaring prices for the energy they sell…

Cyclone Disrupts Australia’s Biggest LNG Plants, Strains Global Market

Mar 27, 2026

A powerful tropical cyclone in Western Australia has disrupted production at the country’s two biggest liquefied natural gas plants run by Chevron and Woodside, exacerbating a global supply crunch caused by the conflict in the Middle East.Australia…

Current News

United Arab Emirates Exits OPEC and OPEC+

United Arab Emirates Exits OPEC and OPEC+

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Technology as Enabler of Energy Security in Offshore Asia

Saipem Poised for Middle East Repair Work After Iran War

Saipem Poised for Middle East Repair Work After Iran War

Middle East Conflict Jolts Offshore Drilling Market

Middle East Conflict Jolts Offshore Drilling Market

Bureau Veritas Expands Offshore Services with New Asia Hub

Bureau Veritas Expands Offshore Services with New Asia Hub

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

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