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Middle East Conflict Jolts Energy Markets

Enverus

The ongoing conflict between Israel and Iran continues to send shockwaves through global energy markets. Recent strikes on Iranian energy infrastructure by Israel have heightened concerns about supply disruptions and price volatility. The latest Middle East conflict is injecting new uncertainty into global energy markets.

Energy 130
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My Way - ExxonMobil's Strategy for Wink to Webster Pipeline Enhances Control of Permian Crude

RBN Energy

The Wink to Webster Pipeline, operated by ExxonMobil, stands out as the largest crude oil pipeline by capacity exiting the prolific Permian Basin in West Texas.

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ORLEN Ceases All Supply of Russian Oil

Rigzone

The Polish energy company said all of its refineries have been supplied with non-Russian oil since March, with the final contract for Russian oil delivery from Rosneft ending June 30. Our refineries process feedstock from the Middle East and Persian Gulf, the North Sea, Africa, and both Americas.

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EOG Resources Acquires Encino for $5.6B, Expands Premier Utica Shale Position

Rextag

The sellers are Canada Pension Plan Investment Board (CPP Investments) and Encino Energy. Without a dedicated gathering network, the product is typically trucked from well pads to rail, marine, or pipeline terminals. billion (CA$36.3B) globally in the sustainable energy space. billion in new debt and $2.1

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The First Oil Well in the World – Bibi Heybat

Aresco

A Catalyst for an Industry The success at Bibi Heybat transformed Baku from a quiet town into one of the most dynamic energy hubs in the world. Pipelines, refineries, and export terminals followed, creating a full-scale oil ecosystem.

Oil 111
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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

“This will increase our energy independence while also reducing the revenues Putin uses to finance his war”, Energy and Housing Commissioner Dan Jorgensen said in a statement issued online by the Commission. Pipeline gas constituted 62 percent and LNG 38 percent. Azerbaijan contributed seven percent.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

Renewable energy sources are rapidly expanding and driving the decarbonization effort, yet certain industries, particularly those with hard-to-abate (HtA) emissions, require additional solutions. “European electricity prices and costs,” Ember Energy, accessed April 2025. percent, and the maximum rate raised from 1.6