In the shadow of the ongoing Iran war that erupted in late February 2026, QatarEnergy—the world’s second-largest LNG exporter—is sending carefully calibrated signals to the global market. On one hand, it is cautiously testing the resumption of its own exports through the Strait of Hormuz. On the other, it is aggressively securing alternative supplies to […]
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Global demand for liquefied natural gas (LNG) carriers is set to be significantly stronger than previously expected over the next decade. French containment-system specialist Gaztransport & Technigaz SA (GTT) has raised its forecast for LNG carrier gas-containment system design orders to about 550 vessels in the 2026–2035 period, up from its earlier estimate of more […]
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Iran-backed militias operating from Iraqi territory launched drone attacks targeting oil facilities in Saudi Arabia’s Eastern Province for the second consecutive day on Tuesday, July 28, 2026, according to Saudi authorities. The incidents add pressure on the kingdom’s energy infrastructure amid ongoing regional tensions and constraints on its crude oil export routes. Saudi Arabia’s Ministry […]
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ENB Pub Note: This article first ran at the Energy Institute at HAAS. We recommend reading their blogs. Breaking down more than two decades of the state’s gasoline price premium. The war is back on, crude oil prices are back up, and the cost of gasoline has reversed its declines of a few weeks ago. Here […]
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ENB Pub Note: This article was first published on the Energy News Beat Substack. Head over there to comment. Tough times ahead, and countries are picking sides. The world’s energy system is under simultaneous assault from geopolitics and policy ideology. Critical oil and gas flows through maritime and pipeline chokepoints are disrupted or rerouted at […]
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OPEC+ is preparing to hit pause on its gradual oil production quota increases after a final bump in September 2026. According to delegates, the group plans to ratify a 188,000 barrels-per-day (bpd) hike for September at a virtual meeting on August 2, completing the current tier of increases, with no further hikes planned for the […]
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Tanker traffic through the Bab el-Mandeb Strait at the southern entrance to the Red Sea has slumped to a multi-month low, underscoring how Yemen’s Iran-aligned Houthi threats and recent attacks continue to disrupt one of the world’s most critical oil shipping lanes. According to vessel-tracking data, only 11 commodity-carrying vessels—including just seven oil tankers (four […]
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An Asia-bound supertanker carrying Saudi crude has taken the longer, more expensive route out of the Red Sea through the Suez Canal rather than risk the Bab el-Mandeb Strait, even as other vessels—particularly those with Chinese links—continue to test the waterway amid Houthi threats and a declared blockade on Saudi-linked shipping. The very large crude […]
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Less than a month ago, the dominant story in oil markets was a looming glut. Analysts pointed to recovering tanker traffic through the Strait of Hormuz after a brief U.S.-Iran ceasefire, rising non-OPEC supply, and expectations of softer prices. That narrative has been obliterated. Missiles are flying again, key chokepoints are effectively blocked, refined-product markets […]
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In the shadow of the ongoing Iran conflict that has repeatedly disrupted the Strait of Hormuz, Saudi Arabia’s East-West Pipeline (also known as the Petroline) has proven a critical lifeline. Built roughly 40 years ago and restored to a maximum capacity of about 7 million barrels per day (bpd) earlier in 2026, this conduit moves […]
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