News

(Bloomberg) — Israel ordered the resumption of production at its biggest natural gas field following a truce in hostilities with Iran, setting the stage for higher exports to Egypt. The Chevron-operated Leviathan field was ordered […]

Jennifer A. Dlouhy, Bloomberg June 24, 2025 (Bloomberg) – Trump administration officials considered a range of options in case of a major oil supply disruption in the Middle […]

OEG has finalized an agreement with Al Nasr Holding Co. in Qatar. The agreement further reinforces the OEG’s strategic partnership with Venture Gulf Engineering (VGE), an Al Nasr subsidiary, which supports the oil and gas, […]

Petro-Victory Energy Corp., an oil and gas E&P company focused on onshore Brazil, has commenced its drilling campaign of the AND-5 well at the Andorinha Field located in the Potiguar basin, Rio Grande […]

Brent crude oil futures remain capped below the $80/bbl mark, as the crisis enters its second week with no clear resolution in sight. The U.S. has signaled a potential two-week window for possible military action, […]

(Bloomberg) – Oil traders are preparing for an oil-price surge when trading reopens, with the focus on whether Tehran’s retaliation to U.S. airstrikes will lead to a disruption in crude flows that have been largely […]