https://www.crudepulse.com Energy News. Industry Insight. Fri, 25 Sep 2026 21:10:09 +0000 en-us hourly 1 https://www.crudepulse.com/2026/09/oil-whiplash-erupts-as-houthis-claim-saudi-strike-and-u-s-pursues-iran-hormuz-deal/ https://www.crudepulse.com/?p=1616 2026-09-26T2:16:55+00:00 Nathan Brooks Oil prices reversed sharply as claimed Houthi strikes threatened Saudi exports while reports of a phased US and Iran agreement offered hope that shipping traffic through the Strait of Hormuz could resume. https://www.crudepulse.com/2026/09/oil-prices-slide-as-iran-revives-failed-june-peace-memorandum/ https://www.crudepulse.com/?p=1613 2026-09-26T2:16:55+00:00 Daniel Mercer Oil benchmarks declined as Iran proposed reopening the Strait of Hormuz within seven days and restoring talks, provided the United States returns to conditions contained in a June memorandum that collapsed amid renewed summer fighting. https://www.crudepulse.com/2026/09/iran-floats-seven-day-hormuz-reopening-as-nuclear-talks-hang-in-balance/ https://www.crudepulse.com/?p=1610 2026-09-26T2:16:55+00:00 Claire Bennett Iran has tied a seven day reopening of the Strait of Hormuz and renewed nuclear negotiations to U.S. acceptance of its conditions, as shipping traffic remains depressed and wider regional tensions continue to pressure critical oil markets. https://www.crudepulse.com/2026/09/tehran-blasts-canada-for-silence-over-trumps-threat-to-annihilate-iran/ https://www.crudepulse.com/?p=1608 2026-09-26T2:16:55+00:00 Crude Pulse Staff Tehran accused Canadian Prime Minister Mark Carney of appeasing Washington as Trump threatened Iran with annihilation, while Treasury Secretary Scott Bessent detailed possible political outcomes and sweeping economic pressure against the Islamic republic. https://www.crudepulse.com/2026/09/oil-prices-jump-as-u-s-and-iran-talks-show-scant-progress/ https://www.crudepulse.com/?p=1606 2026-09-26T2:16:55+00:00 Nathan Brooks Brent and WTI futures advanced as traders found scant evidence of diplomatic progress between the U.S. and Iran, while September Asian crude imports were projected at 23.96 million barrels per day, the highest since the Iran war began. https://www.crudepulse.com/2026/09/pttep-and-valeura-greenlight-phase-1-of-bussabong-gas-project/ https://www.crudepulse.com/?p=1603 2026-09-26T2:16:55+00:00 Claire Bennett PTTEP and Valeura have approved Phase 1 of the Bussabong development, including two wellhead platforms and a pipeline to Bongkot, while future investment decisions will depend on further exploration and appraisal drilling results. https://www.crudepulse.com/2026/09/oil-prices-slip-as-fragile-u-s-and-iran-hopes-stir-doubt/ https://www.crudepulse.com/?p=1619 2026-09-26T2:16:55+00:00 Nathan Brooks Oil prices retreated after Iran offered a potential route toward reopening the Strait of Hormuz within seven days, but skepticism over its unchanged conditions and the absence of tangible diplomatic progress kept market optimism firmly in check. https://www.crudepulse.com/2026/09/valeura-scores-major-new-oil-discovery-near-manora-offshore-thailand/ https://www.crudepulse.com/?p=1598 2026-09-26T2:16:55+00:00 James Callahan Valeura’s Suraphi discovery delivered 334 ft of combined net oil pay near Manora, creating potential for a satellite platform tied to existing facilities while improving prospects for the nearby stranded Malida Field. https://www.crudepulse.com/2026/09/talos-energy-locks-in-420-million-deepwater-expansion-from-shell/ https://www.crudepulse.com/?p=1600 2026-09-26T2:16:55+00:00 Daniel Mercer Talos has completed its $420 million deepwater acquisition from Shell, adding oil weighted production, proved and probable reserves, operating interests and infrastructure led growth opportunities while expanding its borrowing base to $850 million. https://www.crudepulse.com/2026/09/exmar-secures-10-year-fsru-lease-for-cote-divoire-lng-import-project/ https://www.crudepulse.com/?p=1595 2026-09-26T2:16:55+00:00 Nathan Brooks EXMAR will provide a 250MMcf/d FSRU at Abidjan under a 10 year lease, with LNG imports planned from the third quarter of 2027 to support power generation and supplement Côte d’Ivoire’s domestic gas supplies. https://www.crudepulse.com/2026/09/u-s-crude-oil-inventories-climb-3-million-bbl-eia-reports/ https://www.crudepulse.com/?p=1589 2026-09-26T2:16:55+00:00 Daniel Mercer US crude inventories rose by 3.0 million bbl to 426.4 million bbl, while gasoline, distillate, and propane-propylene stocks declined as refinery inputs and weekly crude imports also moved lower. https://www.crudepulse.com/2026/09/totalenergies-and-amni-set-1-108-billion-ima-gas-project-in-motion-with-fid/ https://www.crudepulse.com/?p=1590 2026-09-26T2:16:55+00:00 Daniel Mercer The US$1.108 billion Ima development targets first gas in October 2028 and plateau production of about 350 MMscfd, with output expected to supply roughly one third of the gas required by Nigeria LNG’s Train 7 expansion. https://www.crudepulse.com/2026/09/oqep-awards-slb-contract-to-power-bisat-field-expansion-in-oman/ https://www.crudepulse.com/?p=1586 2026-09-26T2:16:55+00:00 Lauren Hayes OQEP has selected SLB to deliver the Bisat-B expansion plant in Oman, targeting gross fluids handling capacity of 548,000 b/d within 19 months and including 4 years of operations and maintenance support. https://www.crudepulse.com/2026/09/u-s-lng-exports-poised-to-smash-120-million-tonnes-in-2026/ https://www.crudepulse.com/?p=1583 2026-09-26T2:16:55+00:00 James Callahan US LNG exports are poised to surpass 120 million tonnes in 2026 as terminal expansions accelerate, even as lawmakers question domestic price effects and rising electricity demand creates additional competition for natural gas supplies. https://www.crudepulse.com/2026/09/hormuz-supply-shock-will-rewrite-the-lng-market-forever/ https://www.crudepulse.com/?p=1578 2026-09-26T2:16:55+00:00 Claire Bennett With Qatari and UAE exports still constrained, buyers are treating 20% of global LNG supply as interruptible, pursuing alternative projects, routes, fuels and contract structures while accelerating renewable energy development. https://www.crudepulse.com/2026/09/diplomatic-hopes-hammer-crude-oil-prices-in-the-middle-east/ https://www.crudepulse.com/?p=1580 2026-09-26T2:16:55+00:00 James Callahan Crude prices fell as stronger flows through the Strait of Hormuz, possible negotiations with Iran and plans to restart Saudi Arabia's East-West pipeline eased supply fears, even as Houthi attacks and Russian infrastructure damage kept markets tight. https://www.crudepulse.com/2026/09/oil-surges-above-106-as-iran-and-u-s-diplomacy-hits-a-wall-at-un/ https://www.crudepulse.com/?p=1575 2026-09-26T2:16:55+00:00 Nathan Brooks Brent climbed above $106 as stalled U.S. and Iranian diplomacy, tanker attacks and threats of a wider conflict outweighed pressure from a surprise 3 million barrel increase in U.S. commercial crude inventories. https://www.crudepulse.com/2026/09/conocophillips-stock-sinks-1-77-as-monthly-losses-mount/ https://www.crudepulse.com/?p=1572 2026-09-26T2:16:55+00:00 James Callahan ConocoPhillips shares extended their monthly retreat despite rising earnings estimates, leaving investors to weigh projected quarterly growth, a Hold rating, discounted valuation measures, and weak industry rankings ahead of the company’s next earnings disclosure. https://www.crudepulse.com/2026/09/irans-conditional-hormuz-offer-could-send-airline-stocks-soaring/ https://www.crudepulse.com/?p=1570 2026-09-26T2:16:55+00:00 Daniel Mercer Airline shares gained modestly after an unnamed Iranian official outlined a conditional Strait of Hormuz reopening, but absent negotiations, unmet U.S. conditions, and a failed June agreement leave tanker traffic as the crucial test. https://www.crudepulse.com/2026/09/qatarenergy-targets-2027-nfe-lng-launch-as-ras-laffan-repairs-stretch-to-three-years/ https://www.crudepulse.com/?p=1551 2026-09-26T2:16:55+00:00 Lauren Hayes QatarEnergy expects its first 8 million tonne per year North Field East LNG train to start in the first half of 2027, while Ras Laffan LNG train repairs will take 3 years and later expansion timing remains tied to the Strait of Hormuz crisis.