Iran threat to Bab al-Mandeb raises global trade concerns
Iran signals it may disrupt traffic through the Bab al-Mandeb Strait, a key maritime chokepoint linking the Red Sea to the Gulf of Aden.
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Iran signals it may disrupt traffic through the Bab al-Mandeb Strait, a key maritime chokepoint linking the Red Sea to the Gulf of Aden.
ExxonMobil boosts digital tech in the Permian Basin to improve reliability, lower operating costs, and support faster decision-making.
The Interior Department announced it is disbursing almost $461M to four Gulf of America energy-producing states to ease rising gas prices.
US Energy Sec. Chris Wright told energy executives at the CERAWeek that higher crude prices signals producers to increase supply.
Asian allies are looking to the U.S. for secure oil and gas supplies during the Iran war, Interior Secretary Doug Burgum said.
U.S. natural gas output hit a record 118.5 Bcf/day in 2025, led by growth in Permian, Appalachia and Haynesville.
Treasury Secretary Scott Bessent told CNBC that the U.S. is allowing Iranian oil tankers to transit the Strait of Hormuz.
Occidental Petroleum, 1PointFive expect Phase1 of the STRATOS DAC plant in Texas’ Permian basin to come online in this year’s 2nd quarter.
Texas Rep. Brooks Landgraf says the Permian Basin is key to U.S. energy supply as Iran tensions impact global oil markets.
Devon Energy shareholders will end up owning 54% of the overall company after its merger with Coterra Energy is completed.
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