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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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Mexico’s Pemex payment crisis: suppliers threaten July shutdown

Oil & Gas 360º

In a letter sent to President Claudia Sheinbaum and released on Monday afternoon, the association warned that many of these companies may have to stop operations as early as July. The letter did not specify the amounts owned to the group’s members, which include Baker Hughes, Halliburton, Weatherford, SLB Oil & Gas and Grupo Mexico.

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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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Wildfires Shut Down 350,000 Bpd of Alberta Oil Output

OilPrice

The shutdown equates to roughly 1.3 Seven key oil producers have scaled back or halted operations entirely. million barrels per day, sending shockwaves through global energy markets, Bloomberg reported. The fires have triggered evacuations in production hubs

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

BOE Report

It said that no injuries or casualties were reported at the sites, with refining facilities continuing to operate despite a shutdown of some downstream operations. Read more]

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Egypt Staves Off Blackouts Amid Resumption Of Israeli Gas Imports

Mees

With modest volumes from Israel returning after a week-long shutdown and two new FSRUs likely to be operational in early July, Egypt appears to have prevented painful blackouts, for now. Industrial gas users went offline this week as Cairo prioritized flows to power plants.

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Lyondell Houston refinery ceased operations in February, company says

BOE Report

7 the company completed the shutdown of the refinery. Lyondell first announced plans in 2023 to shut the refinery, which has been in operation for over [Read more] Reuters reported on Feb.