IAEA chief to visit Iran amid tensions
03/05/2024
Rafael Grossi, Director General of the IAEA, will visit Iran for crucial talks, against a backdrop of escalating nuclear tensions with Israel.
Rafael Grossi, Director General of the IAEA, will visit Iran for crucial talks, against a backdrop of escalating nuclear tensions with Israel.
Eni is merging its North Sea business with Ithaca Energy, majority-owned by Israeli group Delek, in a deal that will give Eni a 37.3% stake in a newly-formed “satellite” entity.
Chevron and ExxonMobil unveil their first-quarter 2024 results, revealing economic pressures from tight refining margins and fluctuating natural gas prices. The two oil giants continue to adjust, increasing their production and diversifying their operations to strengthen their resilience.
Asian refiners are assessing the impact of tensions in the Middle East on freight and marine insurance costs, without fearing for the security of crude oil supplies.
Israel’s recent missile attack on Iran is likely to significantly increase costs for sea freight, insurance and crew salaries, even if loading operations continue for the time being.
In the face of Iran’s recent attack on Israel, experts are debating the US response to oil sanctions.
Despite recent tensions between Iran and Israel, oil prices remain stable, surprising analysts and markets alike.
The rapid escalation between Iran and Israel threatens the stability of world oil markets, with serious implications for maritime trade and energy security.
The latest OPEC+ data show a slight rise in production in March, despite Saudi efforts to ensure strict compliance. S&P Global’s analysis points to a potentially volatile market.
BP forecasts higher production and robust oil and gas sales for the first quarter, with financial results due on May 7.
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