iFANN News Topic

#oil & gas

Threat to oil tankers in Middle East worst since start of Iran war, analysts say

Oil tanker threat at worst since Iran war began as Red Sea attacks mount, analysts say

Attacks on alternative Red Sea routes compound Strait of Hormuz disruptions, leaving crude trade facing a broadening and increasingly complex security crisis.

Aug 4

Shell posts best quarterly profit in four years as Iran war boosts oil and gas prices

Business

Shell profits more than double to $9.84 billion as Iran war fuels oil and gas price surge

The oil giant's adjusted earnings for the April-to-June period surged from $4.26 billion a year earlier, its second-highest quarterly profit on record.

Jul 30

New North Sea drilling would barely reduce UK gas imports at all, data shows | Fossil fuels | The Guardian

Business

Rosebank oil production pushed to 2027 after drilling gear dropped in North Sea

Adura now expects first oil at the UK’s largest undeveloped field next year, months later than planned, following an April incident on the Deepsea Atlantic rig.

Jul 25