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Israel Shuts Leviathan Gas Field Amid Iran Conflict, Choking Supply to Egypt

OilPrice

Israel has ordered the shutdown of its massive Leviathan gas field, cutting off a critical supply line to Egypt just as regional tensions with Iran erupt into open conflict. Chevron, the operator of Leviathan, confirmed the halt on Friday after Israel’s Energy Ministry issued the order, citing escalating security threats.

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Israel’s Haifa Oil Refinery Damaged in Missile Strike

OilPrice

Oil started the week with a gain, after an Iranian missile attack caused damage to the Haifa refinery in Israel over the weekend, prompting a partial shutdown, Israeli media reported, saying the facility remained operational. At the time of writing, Brent crude was trading at $74.83 per barrel, with West Texas Intermediate at $73.77

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Israel’s Oil Refineries says pipelines, transmission lines in Haifa damaged in strikes by Iran

BOE Report

Israel’s Oil Refineries said its pipelines and transmission lines in Haifa had been damaged by missile strikes by Iran, according to a regulatory filing to the Tel Aviv Stock Exchange. Read more]

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Keystone Restarts Oil Pipeline After Leak Prompted Shutdown

Rigzone

The operator of the Keystone oil pipeline brought the conduit back into service.

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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. Permian to Cushing pipeline flows are tracking 100,000 barrels per day higher year-over-year for the first quarter, Irwin said. WTI Midland crude traded at a $1.08 premium to U.S.

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Valor | Energy Connection – June 16, 2025

Valor

Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. The laws create a DPS oilfield theft unit and task force to address rising pipeline thefts in the Permian Basin, which fuels Texas’ economy.

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AI in Oil and Gas – A Game-Changer for Efficiency and Profitability

Aresco

AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. From predictive maintenance to real-time data analytics, AI solutions are revolutionizing how oil and gas companies operate, analyze vast amounts of data, and reduce risk across the board.

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