energy

Oil market starts pricing in a prolonged Hormuz crisis Reuters

PBF Energy SVP Canty sells $5.5m in PBF stock

Libya needs between $36 billion and $40 billion in foreign investment to expand its oil industry and raise output to 2 million barrels daily by the early 2030s, the Financial Times has reported, citing National Oil Corporation chairman Masoud Suleman. The ambition to boost production to 2 million ba

Specialists are racing to salvage a sinking shadow-fleet tanker off Oman that has caused a massive oil slick. Personnel have already boarded the Caroline Bezengi, a Suezmax that has grounded off Oman’s southern coast. Dimitris Maniatis, CEO of maritime risk management firm Marisks spoke to Bloomberg

Crude oil prices surged past $91 per barrel on Tuesday, August 18, as peace talks between the US and Iran stalled. With shipping disruptions persisting in the Strait of Hormuz, global brokerages like Goldman Sachs and JPMorgan warn Brent crude could scale between $114 and $120 a barrel if supply ris

Oil climbs as fading US-Iran peace hopes raise supply risks Reuters

U.S. energy secretary plans to seek more production from refiners to hold down pump prices

PBF Energy director Control Empresarial sells $15.6m in shares

PBF Energy director Thomas Nimbley sells $12.3m in stock

Targa Resources signs 20-year midstream deal with ExxonMobil