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HomeInternational News

International News

Crude Oil News

Oil Forecasters Revise Prices as Israel-Iran Conflict Escalates: Targets Hit and Shipping Lanes Shift

June 13, 2025 Clark Savage

The escalating conflict between Israel and Iran has sent shockwaves through global energy markets, prompting oil forecasters to rapidly revise their price outlooks. With military strikes intensifying and fears of supply disruptions mounting, the geopolitical […]

Energean
Exploration and Production

Energean suspends FPSO production over Israel-Iran conflict

June 13, 2025 Stu Turley

UK-based energy company Energean has temporarily suspended production activities on its FPSO located offshore Israel due to the escalation of conflicts with Iran. On Friday, Israel launched widespread strikes against Iran, which led to immediate […]

Shipping on edge as Israel and Iran fight fire with fire
Geopolitical

Shipping on edge as Israel and Iran fight fire with fire

June 13, 2025 Stu Turley

Israel launched wide-scale strikes against Iran this morning, targeting nuclear facilities, ballistic missile factories and military commanders, stating that the operation will continue “as long as necessary”. Immediately thereafter, Iran vowed “severe punishment for Israel” […]

ConocoPhillips
Big Oil Companies

ConocoPhillips loads its first Equatorial Guinea LNG cargo

June 12, 2025 Mariel Alumit

According to a ConocoPhillips social media post, loading operations started on June 6 at the EG LNG terminal in Punta Europa and concluded by June 9. The company noted that MEGPL president Frederic Phipps and […]

Vingroup
Electrical Generation / Utilities

Vingroup, VinEnergo join forces on LNG power plant

June 12, 2025 Mariel Alumit

Vingroup said on Wednesday that its board of directors has approved the group’s participation in a joint venture with VinEnergo. The two firms will jointly invest in the Hai Phong LNG power plant project in […]

Power of Siberia 2 Pipeline created by Grok on X
Exports

China and Russia Deepen Energy Ties with Power of Siberia 2 Pipeline Talks: A Game-Changer for Natural Gas Trade

June 12, 2025 Clark Savage

As global energy markets shift under the weight of geopolitical tensions and the race for energy security, China and Russia are intensifying discussions on the Power of Siberia 2 (PoS-2) pipeline, a massive infrastructure project […]

Philippines
International News

Philippines launches 3.3GW offshore wind round

June 12, 2025 Mariel Alumit

The Department of Energy of the Philippines has launched its Fifth Green Energy Auction, looking to secure 3.3GW of fixed-bottom offshore wind capacity with delivery slated between 2028 and 2030. This will be the first […]

Equinor
Big Oil Companies

Equinor awards plug and abandonment job to Baker Hughes

June 12, 2025 Mariel Alumit

Norwegian energy major Equinor has awarded a contract for plug and abandonment services on the Oseberg East field off Norway to oilfield services giant Baker Hughes. The plug and abandonment campaign planning phase, as well […]

hina and US Flag - China knows - created by Grok on X
ENB Pub Note

Is the Trump Tariff War with China Over, and What Is the Final Impact to Investors?

June 11, 2025 Clark Savage

The U.S.-China trade war, a rollercoaster of tariffs, retaliations, and negotiations, has been a defining issue for global markets since President Donald Trump’s first term. With recent developments signaling a potential resolution, investors in the […]

Energy Policy

Net zero realism is growing with the UK Government increasingly isolated

June 11, 2025 Mariel Alumit

In the 9th anniversary of the start of my blog, I’m feeling very encouraged by the growing net zero realism. I have long argued against current climate policies on the basis they are making energy […]

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