Oil & Gas Industry News

There is a high risk being short energy and betting on any immediate political resolution in the Iran conflict, according to SEB Commodities Analyst Ole R. Hvalbye.

BP Plc faced a shareholder backlash at its annual general meeting.

Oil prices rose sharply as escalating Iran conflict risks threatened flows through the Strait of Hormuz.

'Reopening optimism' for the Strait of Hormuz is 'sliding fast', according to SEB Chief Commodities Analyst Bjarne Schieldrop.

'I do not agree with those who say we should 'turn off the taps' overnight', UK Energy Secretary Ed Miliband said.

Iranian gunboats fired on commercial ships in the Strait of Hormuz while the U.S. intercepted two of the Islamic Republic's oil tankers.

Traders reacted to geopolitical risk and falling US inventories, pushing Brent above $101.

Turkey will use its role as host of this year's COP31 climate summit to boost clean energy adoption, according to the event's incoming president.

'The extension of the Iran ceasefire has reduced immediate escalation risk', Naeem Aslam, CIO at Zaye Capital Markets, said.

The job comes with an annual salary of GBP 172,644 ($233,318), according to the job description.