Bahrain’s Bapco announces force majeure after drone strike on refinery
Bapco Energies, Bahrain's state-owned energy company, has declared force majeure on its operations, citing the impact of the ongoing regional…
All articles by Shree Mishra
Shree Mishra
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CADE approves IG4’s acquisition of controlling stake in Braskem
Brazil’s anti-trust regulator, the Administrative Council for Economic Defence (CADE), has approved private equity firm IG4 Capital’s acquisition of a…
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Oil prices surge 15% as Strait of Hormuz disruptions tighten supply
Oil prices jumped around 15% on Monday to their highest point since July 2022 as escalating tensions between the US,…
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Shell lands new exploration deals in Venezuela and Kazakhstan
Oil giant Shell has secured new agreements with both Venezuela and Kazakhstan, advancing its oil and gas exploration ventures in…
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Harbour Energy adjusted profit jumps 63% to $603m in 2025
Harbour Energy has reported adjusted profit after tax of $603m for the full year 2025, an increase of 63% compared…
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Oil prices dip as US weighs futures market intervention
Oil prices have decreased for the first time in nearly a week as the US considers intervening in the futures…
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Tanker suffers explosion and oil leak off Kuwaiti coast
A tanker anchored south-east of Kuwait’s Mubarak Al Kabeer port experienced a large explosion on its port side, began taking…
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Operation Epic Fury drives Americas heavy crude to multi-year highs
Heavy grades pumped in the Americas climbed to their highest levels in years on Wednesday, driven by the ongoing Operation…
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Subsea7 secures additional work at Sakarya field in Türkiye
Subsea7 has secured additional contract work from the Turkish Petroleum Offshore Technology Center (TP-OTC) pertaining to the Sakarya field development…
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Oil price rise slows after Trump signals tanker escorts in Hormuz
Oil prices climbed by roughly 3% on Wednesday as tensions involving Iran, the US and Israel disrupted Middle East supply.…