(Reuters) – Iran’s Revolutionary Guards said on Wednesday that they attacked overnight energy complexes and oil transfer lines linked to the U.S. and Israel, including oil facilities in Saudi Arabia’s port city Yanbu, state media reported. Reporting by Reuters; Editing by Hugh Lawson
New Delhi, April 8 (Reuters) – India expects the United States to extend its waiver on purchase of Russian oil to bring down global oil prices, a government source said on Wednesday. Reporting by Nidhi Verma; Editing by YP Rajesh
By Pooja Menon, Joel Jose and Danilo Masoni April 8 (Reuters) – U.S. and European energy stocks slid on Wednesday, as a ceasefire to the Middle East conflict punctured the hefty war premium built into oil prices due to fears of supply disruption through the Strait of Hormuz. Oil fell below $100 per barrel after …
Global Energy Stocks Plunge as US-Iran Ceasefire Hits Oil Read More »
(Reuters) – U.S. President Donald Trump on Wednesday said any country supplying Iran with military weapons will face immediate 50% tariffs with no exemptions, announcing the duty in a social media post one day after agreeing to a two-week ceasefire with Tehran. Reporting by Susan Heavey; Editing by Sharon Singleton
By Yi-Chin Lee, Julie Zhu and Alessandro Parodi IATA chief Walsh says months before jet fuel supplies recover Refinery damage may delay jet fuel supply recovery, says Walsh Delta expects $2 bln extra costs from jet fuel in Q2 Airline shares rally on ceasefire and Hormuz reopening hopes TUI assessing how to get stranded cruise …
Airline and Travel Industries See No Immediate Relief From Iran Ceasefire Read More »
Iran could open the Strait of Hormuz in a limited and controlled way on Thursday or Friday ahead of a meeting between U.S. and Iranian officials in Pakistan, a senior Iranian official, involved in the talks, told Reuters on Wednesday. “If an understanding on a framework for talks is reached, the strait could be opened …
Summary Upstream earnings could gain from higher oil and gas prices Exxon to release full Q1 results on May 1 Downstream earnings hit by timing effects, but Exxon expects profits to rebound in later quarters CFO Hansen says negative impacts from trading program are temporary and will unwind over time (Reuters) – Higher oil and …
Exxon Signals Q1 Upstream Profit Bump From Iran War, Downstream Boost in Later Quarters Read More »
A ceasefire in the Iran war will deliver badly-needed relief to economies battered by the world’s worst ever energy crisis, but hopes the truce will quickly restore normal oil and gas flows from the Middle East are almost certainly misplaced. U.S. President Donald Trump on Tuesday agreed to a two-week ceasefire, conditional on Iran pausing …
Iran War Ceasefire Pushes Energy Markets Into Twilight Zone: Bousso Read More »
U.S. President Donald Trump said on Tuesday that he had agreed to a two-week ceasefire with Iran, less than two hours before his deadline for Tehran to reopen the Strait of Hormuz or face widespread attacks on its civilian infrastructure. Oil dived, bonds rallied and stocks surged as the ceasefire was seen as paving the …
Investor Reactions to Trump Agreeing to Two-Week Ceasefire With Iran Read More »
Asset integrity in oil and gas has never been more critical—or more complex. With aging infrastructure, increasing regulatory pressure, and the growing demand for operational efficiency, traditional inspection methods are no longer enough to keep up. At its core, asset integrity management is about reducing the risk of failure, particularly from issues like corrosion, cracking, …
Rethinking Asset Integrity in Oil & Gas: Why NDT Is Evolving Read More »
