Sun.Jun 15, 2025

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Iran’s Oil and Gas Assets Rocked in Latest Round of Israeli Attacks

OilPrice

Israel launched a series of airstrikes on Tehran’s critical energy infrastructure early Sunday, setting ablaze the city’s main gas depot and a major oil refinery, as the conflict with Iran intensified into its most destructive phase yet. The attacks, part of a broader Israeli offensive targeting Iran’s energy sector, have heightened fears of a wider regional war and sent ripples through global oil markets.

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State of play ahead of heading out to the Middle East

Oilholics Synonymous Report

Doubtless you couldn't have escaped an escalation of tensions in the Middle East after Israel attacked Iranian nuclear and military sites early on Friday, and Tehran inevitably responded. The two have sparred before including last year. But as yours truly contemplates this - over a pre-departure negroni at a Heathrow Airport lounge ahead of a trip out to the region whilst waiting for BA 123 to Doha, followed by Abu Dhabi for a speaking engagement - something feels different this time around.

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Critical Minerals Fuel Geopolitical Competition

OilPrice

The clean energy revolution will depend on a steady supply of critical minerals to support the manufacturing of a wide range of technologies, from wind turbines to electric vehicle batteries. While not all of these ‘critical’ materials are rare, they are not naturally available everywhere in the world, leading to potential geopolitical minefields as competition over these supply chains heats up.

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Pertamina Expands Pertamax Green 95 Network in Central Java

Rigzone

SEARCH JOBS >> CREATE ACCOUNT SIGN IN Oil & Gas Jobs ▼ Search Jobs Jobs By Category Featured Employers Ideal Employer Rankings Oil & Gas News ▼ Headlines Most Popular Oil Prices Events Training Equipment SOCIAL Rigzone AI ▼ RigzoneGPT Chatbot Recruitment Job Postings & Talent Database Packages Search CV/Resumes Recruitment Dashboard Post Job FAQ | Advertise WTI Crude $72.98 +7.26% Brent Crude $74.23 +7.02% Natural Gas $3.58 +2.55% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW

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Can Africa Power Europe’s Green Hydrogen Ambitions?

OilPrice

As several countries expand their green hydrogen production capacities, regions will have to develop new pipelines and energy transportation corridors to support a green transition across borders. Some countries are more well-suited to producing green hydrogen than others, meaning that energy sharing could help non-production countries gain access to clean fuel to help decarbonise.

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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. 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.

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OPEC Stuck between Market Share Push, Demand Uncertainty

OilPrice

In the past, oil price wars were short, sharp and, to those who profited from them, sweet. Now, an oil price war is a more cautious affair—assuming what OPEC is doing with its supply return is a price war, of course. And because most assume just that, all eyes are on the group’s chances of success. These are uncertain, to say the least, with most demand forecasts predicting a disaster for prices.

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The Winners and Losers at $60 Oil

OilPrice

A total of 93 oil and gas firms made it in the latest edition of the Forbes Global 2000 rankings of the world’s largest public companies. Forbes’ Global 2000 ranks the largest public companies in the world using four metrics—sales, profits, assets, and market value, and all these have reached record highs this year. All 2,000 companies on the 2025 Forbes Global 2000 list have a combined $52.9 trillion in annual revenue, $4.9 trillion in profit, $242.2 trillion in assets, and $91.3 trillion in ma

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Iran does not want conflict with Israel to expand but will defend itself, foreign minister says

BOE Report

Iran does not want its conflict with Israel to expand to neighbouring countries unless the situation is forced, Foreign Minister Abbas Araqchi said on Sunday, adding its response had been based on self-defence. Araqchi said Tehran had been responding to foreign aggression, and that if this aggression stopped, Iranian reactions would also cease.

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Oil Prices Surge as Israel and Iran Target Each Other’s Energy Infrastructure

OilPrice

Brent crude futures opened more than 4% higher on Sunday evening, trading above $77 per barrel, as tensions between Iran and Israel erupted into open military conflict targeting critical energy infrastructure. The spike follows an 8% jump on Friday, marking one of the sharpest two-day increases in oil prices in recent years. Over the weekend, Israel launched a wave of coordinated airstrikes on Iran, hitting key energy facilities in and around Tehran.

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Oil prices jump more than 3%, adding to last week's surge, as Israel strikes Iran energy facilities

CNBC: Energy

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