The remedies sought by bp include damages ranging from $3.7 B to potentially in excess of $6 B, as well as interest, costs and attorneys' fees.

The Iran conflict, now in its seventh day, has left the Strait of Hormuz, a critical shipping chokepoint, all but shut, cutting countries off from a fifth of global oil and liquefied natural gas (LNG) ...

Qatari Energy Minister Saad al-Kaabi told the Financial Times it would take "weeks to months" to return to normal deliveries, even if the war ended today.

EU gas prices have jumped 50% this week after Qatar halted liquefied natural gas exports following U.S. and Israeli strikes on Iran and Tehran's retaliation.

Nine vessels have come under attack since the conflict broke out between the U.S., Israel and Iran on Saturday. Iran launched a wave of missiles at Israel early on Thursday and also sent drones into A ...

The U.S. and Israel's war on Iran has disrupted fuel shipments from the Gulf, affecting India's imports of liquefied natural gas from key supplier Qatar.

Thailand's Prime Minister Anutin Charnvirakul convened a meeting of energy agencies on Thursday as fears grew over supply if the war with Iran disrupts global shipment, spurring Bangkok to raise fuel ...

Russia is striving to raise pipeline gas supplies to China. Its exports via the Power of Siberia 1 pipeline, the only gas pipeline from Russia to China so far, rose last year by around a quarter to 38 ...

The repercussions of the ongoing U.S.-Iran war are being felt across the world, with U.S. fuel prices, European natural gas costs and Asian tanker freight rates all jumping sharply since strikes began ...

PV Gas, a unit of Vietnamese energy group Petrovietnam, is boosting its domestic production of liquefied petroleum gas (LPG) by 5% to compensate for a shortfall caused by the Iran war. The additional ...

While almost double the 10 Bft3d Qatar was forced to remove from the market on Monday after a wave of attacks, American export plants are running nearly full tilt with most cargoes locked into ...

Siemens Energy details how a double end drive compressor configuration improved efficiency, reduced emissions and lowered lifecycle costs for ADNOC’s Ruwais eLNG project by aligning compressor design ...