Seplat to drill 17 wells, targets 155,000 bpd
Photo caption: Seplat Energy logo Seplat Energy Plc has announced plans to drill 17 new wells in 2026 as part of efforts to boost
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Iran’s new supreme leader orders Strait of Hormuz shutdown
Photo caption: (FILES) This handout picture taken in Tehran on October 3, 2024, and provided by the office of Iran’s supreme leader, shows Mojtaba Khamenei,
Iran threatens oil ships, $200/barrel price looms
Photo caption: Oil pump jack. Credit: Reuters Iran has declared that it will not allow a single litre of oil to pass through the
McDonald to launch $3 menu items to keep lower-income customers – Report
Topline McDonald’s will soon launch discounted menu items and cheaper breakfast deals, according to the Wall Street Journal, making the push for value as fast
Crude price crosses $100 again as strategic oil reserve release plan fails to calm Iran war fears
Photo caption: A UAE navy ship sails next to a cargo ship in the Strait of Hormuz as seen from Khor Fakkan, United Arab Emirates. Copyright
IEA warns of largest oil supply disruption in history
Photo caption: IEA logo The Middle East war is creating the biggest supply disruption in the history of the oil market as flows of
TotalEnergies caps fuel prices in France to protect consumers from ‘exceptional volatility’
Photo caption: TotalEnergies logo TotalEnergies is capping the price of gasoline and diesel at its stations in France to protect consumers from the “exceptional
Oil unlikely to hit $200 a barrel, US Energy Chief says
Photo caption: Oil pump jacks U.S. Energy Secretary Chris Wright said on Thursday global oil prices are unlikely to hit $200 a barrel even
US military ‘not ready’ to escort tankers through Hormuz Strait – Energy Secretary
Photo caption: US Energy Secretary Chris Wright (C) has vehemently defended President Donald Trump’s (R) policies in the wake of the Iran war (ANDREW CABALLERO-REYNOLDS) ·
Oil shock ‘worse than the 1970s’
Photo caption: Two oil tankers were struck overnight in the Gulf in a suspected Iranian attack. Credit: AP The Iran war has triggered an
