Iran Keeps Loading Oil Onto Tankers Even as USA Blocks Route
Iran is continuing to load millions of barrels of oil onto supertankers.
Oil Falls on Renewed Iran Talk Hopes
Oil prices dipped as potential US-Iran talks raised hopes for restored flows.
White House Extends Shipping Waiver to August
President Donald Trump's administration has given a 90-day extension to a shipping waiver making it easier to move oil, fuel and fertilizer around the United States.
Q1 Dallas Fed Energy Survey Gets Update
The first quarter Dallas Fed Energy Survey has received an update 'in response to recent developments in the global oil market', a statement sent to Rigzone revealed.
ERCOT Sees Demand More Than Quadrupling Current Peak
'The current forecast projects approximately 367,790 Megawatts of demand in the ERCOT Region by 2032', ERCOT said.
There Is a High Risk Being Short Energy, Analyst Warns
There is a high risk being short energy and betting on any immediate political resolution in the Iran conflict, according to SEB Commodities Analyst Ole R. Hvalbye.
GeoPark Continuing Production Up QoQ
GeoPark's divestments in Ecuador and Brazil reduced production but its active countries of operation, Colombia and Argentina, posted increases.
Hormuz Tensions Heat Up
Trump ordered the U.S. Navy to shoot any boat putting mines in the strait.
EIV Capital Raises $1.1B for New Oil and Gas Funds
The Houston-based private equity firm completed a capital raise to launch two oil and gas investment funds, attracting a total of around $1.1 billion.
Helix to Merge into Hornbeck
'The strategic combination will create a recognized leader in offshore operations through a diversified and expanded high-specification fleet of specialty vessels, supported by subsea robotics, well intervention and technical service capabilities'.
BP's New Leadership Suffers Shareholder Revolt
BP Plc faced a shareholder backlash at its annual general meeting.
Crude Jumps as Hormuz Tensions Rise
Oil prices rose sharply as escalating Iran conflict risks threatened flows through the Strait of Hormuz.
Martin MLP Walks Back Profit Guidance as Losses Deepen
'Two primary headwinds impacted the quarter: meaningful margin pressure in our fertilizer business and lower than anticipated contribution by the transportation business'.
Top Oil Refinery Ramps Up Jet Fuel
Europe's biggest oil refinery is working flat out to produce jet fuel.
USA Crude Oil Stocks Rise Almost 2MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 465.7 million barrels on April 17, the EIA's latest weekly petroleum status report showed.
Kinder Morgan Raises Dividend
Kinder Morgan reported a 39 percent year-on-year increase to $1.06 billion in adjusted net profit for the first quarter and declared $0.2975 in dividend per share, up 2 percent from the same three-month period last year.
QatarEnergy, ExxonMobil Ship 1st Cargo from Texas LNG Project
QatarEnergy said its LNG trading arm would offtake 70 percent of Golden Pass' production.
Hormuz 'Reopening Optimism' Is 'Sliding Fast', Analyst Warns
'Reopening optimism' for the Strait of Hormuz is 'sliding fast', according to SEB Chief Commodities Analyst Bjarne Schieldrop.
Santos Q1 Revenue Up YoY
Santos reported $1.27 billion in sales revenue for the first quarter, up 3 percent from the prior threemonth period thanks to higher LNG and crude oil volumes.
UK Energy Sec Says North Sea Is an 'Important Resource'
'I do not agree with those who say we should 'turn off the taps' overnight', UK Energy Secretary Ed Miliband said.
