Oil & Gas Industry News

Polish Prime Minister Donald Tusk warned on Thursday that the Baltic Sea is becoming 'a new area of confrontation' with Russia.

Oil prices rose slightly as nuclear deal hopes faded and U.S. data boosted demand outlook.

Mitsui O.S.K. Lines, owner of the world's largest fleet of liquefied natural gas carriers, said it is hard to buy Chinese vessels for the time being.

'This program brings clarity and understanding to the rules which helps inspectors do their job well', Dana McClendon, the division trainer with the RRC's Oil and Gas Division, said.

The One Big Beautiful Bill Act passed the House with 215 Yeas to 214 Nays, the Congress website showed.

The finance industry is navigating a world in which banks and asset managers suspected of boycotting fossil fuels face legal retaliation in the Unites States.

Oil prices fell as U.S. stockpiles rose and OPEC+ discussed another supply increase.

A final decision is due to be taken at a gathering on June 1.

More than 2,500 business figures have called for an 'immediate end' to the UK government's Energy Profits Levy in an open letter.

Reports of Israel preparing a strike on Iran stirred oil markets but failed to halt a price drop.