Oil & Gas Industry News

Falling fertility rates threaten long term energy demand, Wood Mackenzie warned.

'Fresh strikes by U.S. and Iran renewed concerns about the safe passage of oil and other key commodities through the narrow waterway', Saxo Bank said.

The U.S. and Iran exchanged fresh strikes overnight into Monday.

International Energy Agency Executive Director Fatih Birol pressed the European Union to revisit its moratorium on drilling for oil and gas in the Arctic.

'The Outer Continental Shelf presents a significant opportunity to support the future of America's space economy', Acting BOEM Director Matt Giacona said.

Venezuela's interim government published long-awaited oil regulations on Thursday.

Macquarie strategists said they expect the renewed tension in the Middle East between the U.S. and Iran to be 'relatively short-lived'.

A small crypto startup is trying to persuade the industry to experiment with a different kind of frontier: putting a barrel of oil on a blockchain.

Oil prices fell as traders bet the US-Iran conflict would remain limited.

London marine insurers have been seeing fewer inquiries for journeys to transit the Strait of Hormuz and some said the cost of cover had risen.