Oil & Gas Market Watch

Sempra Infrastructure and TotalEnergies achieved first LNG production at the ECA Phase 1 project in Ensenada, Mexico, during commissioning of the 3.25...

• Traders flag underpricing: Vitol's Tom Baker warns markets ignore physical shortages after 14M bpd vanished from Strait of Hormuz closure, with...

Oil Market Disruptions

• 🔥 Oman Terminal Attack: Drone attack on Oman’s Mina Al Fahal terminal delayed loadings by several days and pushed Brent...

Both Breaking Points and Bloomberg flag US Strategic Petroleum Reserve levels at multi-year lows amid the Iran conflict and Strait of Hormuz closure,...

Caliche's FID on the first phase of its Spindletop Expansion adds two new salt caverns and pipeline interconnects in Beaumont, Texas, targeting...

• Escalating tensions and Hormuz blockage drove Brent above $97 and to $94.98.
• Ceasefire agreement between Lebanon and Israel triggered sharp price...

Investments in the methane decarbonization pathway continue advancing despite geopolitical and regulatory headwinds.

• LNG bunkering surged with...

Pakistan's latest tender for 1 million tons of LNG signals urgent summer power demand as the country shifts to expensive spot cargoes after Qatari term supply was cut by Middle East conflict.

Drone strikes on three commercial tankers off northern Turkey are pushing shipowners toward private maritime security, including American firms.

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• Financial terms: One-year Cushing Terminal contract for 100,000 barrels/month, valued at ~$9M monthly or $108M annualized
• Revenue focus:...

Wood Mackenzie models three scenarios after Iran conflict removes 80 million tpy (20% of global LNG supply) via Strait of Hormuz closure.

• Quick...

The LNG liquefaction equipment market is projected to expand at an 8.2% CAGR through 2035, led by infrastructure investments across Asia-Pacific and...

Oryx Midstream is marketing the first publicly rated midstream oil securitization, a nearly $3bn deal backed by contractual gathering and transport...

Nayara Energy has completed its planned turnaround at the 400,000-bpd Vadinar refinery, enabling the Rosneft-backed facility to ramp up fuel supply to the domestic Indian market as it continues processing only Russian crude amid EU sanctions.

Raizen is selling its Argentina downstream operations to Mercuria for $1.42 billion, with the buyer assuming Raizen Argentina's debt and proceeds...

Pipeline open season is the critical midstream step that can make or break a pipeline project, remaining one of the most discussed yet often misunderstood aspects of the midstream world.

• US plans to end India's sanctions waiver for Russian oil imports by June 17, directly threatening energy security.
• Record 2.3 million bpd Russian...

The US attack on Iran has closed the Strait of Hormuz, which carries 20% of global oil and gas, creating intense market shocks that are driving some countries toward longer-term coping measures.

LNG bunkering volumes are surging in key hubs while LNG dual-fuel vessels capture nearly 90% of the alternative fuel orderbook, signaling clear...

Canada's sanctions framework, still anchored in 2022 realities, is emerging as a potential bottleneck for Western efforts to secure critical minerals...