US lifts sanctions on some Iranian oil as gas prices soar
The treasury secretary says the move will quickly bring about 140m barrels of oil to global markets.
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Oil and gas prices rise after gas field strike
“As previously warned, if the fuel, energy, gas, and economic infrastructures of our country are attacked by the American-Zionist enemy, in addition to a powerful counterattack against the enemy, we will severely strike the origin of that aggression as well,” the military said in a statement published by Tasnim.
Will the Iran war squeeze India’s piped gas next?
“No disruption is expected for homes and vehicles [using piped gas]. The government has given priority to these two sectors,” says Rahul Chopra, managing director for the Haryana City Gas Distribution Limited, a countrywide gas company with around 100,000 domestic consumers and 195 CNG fuel stations.
Iran war keeps gas prices up, with Strait of Hormuz paralyzed despite Trump’s demands
The European Union is seeking more strategic clarity about the U.S. and Israel’s plans for Iran and when the conflict might end as the bloc weighs whether to send ships to help shore up security in the Persian Gulf. Without confirming any specific international commitments, President Trump said in a social media post on Saturday…
Gas and oil prices soar and shares tumble as crucial shipping lane threatened
Iranian official threatens to “set fire” to any ships passing through the Strait of Hormuz.
India, Europe feel fuel crunch as Gulf gas supplies disrupted amid war | Oil and Gas News
Qatar has halted its liquefied natural gas production, as India and Europe bear the brunt of soaring prices. Listen to this article | 3 mins info Published On 3 Mar 20263 Mar 2026 Click here to share on social media share2 Share plus2googleAdd Al Jazeera on Googleinfo Indian companies have reduced natural gas supplies to industries in…
Africa: June Take-Off of Energy Bank Raises Africa’s Oil and Gas Future
Last week’s handover of the $5billion African Energy Bank Headquarters in Abuja, represents a significant milestone and historic match to energy security and sustainability in Africa. Besides, the June date for the commencement of the ambitious project marks the changing phase of the African oil and gas industry as well as a bold statement to…
Africa: ‘Africa to Attract $50bn in Oil and Gas Investment’
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has stated that Africa is projected to attract between $48 billion and $50bn in the oil and gas sector in 2026. Speaking during the opening of the 10th Anniversary of the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2026, NUPRC’s Commission Chief Executive, Oritsemeyiwa Eyesan, this is…
Africa: NIES 2026 – How NNPC Plans to Stabilise Fuel Supply, Unlock Africa’s Gas Potential – Official
Mr Ojulari said NNPC’s downstream and gas strategy will emphasise operational action rather than policy intent alone. The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has revealed that the company’s multi-layered strategy over the next two to three years will prioritise fuel availability and refinery partnerships as…
Five killed in gas explosions in Iran, officials say
Fourteen people are reportedly injured after separate blasts were reported on Saturday.