Industry Reports

 There is no quick fix to the economic and political damage from the war. ​   

 Disruptions from the Middle East conflict pose a risk to India’s economic growth and inflation. ​   

 Europe’s oil supermajors highlighted trading contributions as they reported stronger-than-expected profits through the first three months of the year. ​   

 Oil prices rose Tuesday amid concerns over a prolonged Middle East conflict after President Trump’s comments that the ceasefire with

Shell has selected New Wave Offshore Energy to provide marine warranty survey services for the Orca project in Brazil’s pre-salt

Deepwater projects, LNG infrastructure and gas-to-power investments are expected to drive Africa’s next energy growth cycle, as S&P Global analysts

The Independent Petroleum Association of America praised the Trump administration’s decision to rescind the Bureau of Land Management’s public lands

 Oil inventories are rapidly drawing down as the Strait of Hormuz remains closed, Saudi Aramco CEO Amin Nasser said. ​   

 Voters are souring on Trump’s economy ahead of the 2026 midterm elections, and high gas prices are only adding to

Seadrill added more than $860 million to its offshore drilling backlog during first-quarter 2026, driven by new deepwater rig awards

The Energy Workforce & Technology Council (EWTC) reported a second consecutive month of U.S. energy services job growth in April,

DOF Group ASA has secured nearly $2 billion in long-term Petrobras contracts for four new ROV support vessels supporting subsea

IEA Executive Director Fatih Birol warned that the Iran war and prolonged Strait of Hormuz closure may permanently undermine confidence

 Modi appealed to Indians to cut fuel use, overseas travel and gold purchases as the Middle East conflict exposes India’s

Saudi Aramco reported stronger first-quarter earnings as the company relied on its East-West Pipeline and export infrastructure to help offset