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US strikes more than 90 Iranian military targets on Kharg Island, CENTCOM says
March 14 (Reuters) - United States forces executed a large-scale precision strike on Kharg Island in Iran on Friday night, the U.S. Central Command said on Saturday. "U.S. Forces successfully struck more than 90 Iranian military targets," CENTCOM said.Reuters
9 minutes ago
Iran has allowed some Indian vessels to pass the Strait of Hormuz, envoy says
NEW DELHI, March 14 (Reuters) - Iran has allowed some Indian vessels to sail through the Strait of Hormuz, Tehran's Ambassador to India Mohammad Fathali said on Saturday, confirming a rare exception to the blockade that has disrupted global energy supplies.Fathali did not confirm the number of ...Reuters
53 minutes ago
Some oil loading operations suspended after fire in UAE's Fujairah, sources say
DUBAI, March 14 (Reuters) - Some oil loading operations have been suspended in the United Arab Emirates' Fujairah emirate, a major bunkering hub, industry and trade sources said, after a fire broke out there on Saturday. The fire occurred after debris fell during the interception of a drone, b...Reuters
2 hours ago
WRAPUP 4-Trump threatens to hit Iran's Kharg Island oil network if shipping lanes remain blocked
US strikes 'obliterated' island's military targets, Trump saysIran vows retaliation for any attacks on energy infrastructureOil prices swing on Trump's changing outlooks for war's durationBy Bo Erickson, Parisa Hafezi, Maya Gebeily and Alexander Cornwell WASHINGTON/DUBAI/JERUS...Reuters
2 hours ago
Japan industry ministry asks Australia to boost LNG output amid Iran crisis
By Yuka Obayashi TOKYO, March 14 (Reuters) - Japan's industry minister Ryosei Akazawa on Saturday asked Australia, Japan's biggest supplier of liquefied natural gas, to boost output in light of the Middle East crisis. Japan relies on the Middle East for around 11% of its LNG imports, with...Reuters
2 hours ago
Drones, burning ships: Indian sailors stranded off Iran just want to go home
Some 23,000 Indian seafarers work across the Gulf regionPlight of sailors around Strait of Hormuz big issue at homeIndian authorities say they are working on sailors' safetyIran has allowed passage for some Indian shipsBy Saurabh Sharma NEW DELHI, March 14 (Reuters) - Stranded for two weeks ...Reuters
2 hours ago
Greek-flagged tanker hit by unidentified object outside CPC terminal at Novorossiysk, minor damage, operator says
ATHENS, March 14 (Reuters) - A Greek-flagged tanker, Maran Homer, was hit by an unidentified object on Saturday, as it was awaiting orders to enter the Caspian Pipeline Consortium (CPC) Terminal at Novorossiysk, its manager Maran Tankers said. The vessel, which was sailing outside Russian territori...Reuters
2 hours ago
Fire occurred in UAE's Fujairah after debris fell during interception of drone, no injuries reported, media office says
CAIRO, March 14 (Reuters) - A fire has occurred in the United Arab Emirates' Fujairah emirate, a major bunkering hub, after debris fell during the interception of a drone, but no injuries were reported, the emirate's media office said on Saturday. Civil defense forces are handling the incid...Reuters
2 hours ago
Japan's JERA hedges growing Middle East risks by seeking more LNG supply
JERA says it faces no immediate LNG supply threatIn talks with global LNG suppliers, Global CEO saysRestarting coal power plants might be needed if crisis deepensBy Yuka Obayashi and Katya Golubkova TOKYO, March 14 (Reuters) - Japan's biggest liquefied natural gas buyer, JERA, has started tal...Reuters
3 hours ago
CORRECTED-Venture Global sees global LNG prices volatility 'very short-term', CEO says
By Katya Golubkova and Yuka Obayashi TOKYO, March 14 (Reuters) - Global liquefied natural gas price volatility caused by the Middle East crisis is "very short-term", Mike Sabel, chief executive officer with Venture Global VG.N, told the Indo-Pacific Energy Security Ministerial and Busines...Reuters
4 hours ago
Japan's JERA has no immediate LNG shortage, in talks for extra supply, exec says
TOKYO, March 14 (Reuters) - JERA, Japan's top power generator, faces no immediate shortage of liquefied natural gas despite the U.S.-Israeli war on Iran but is in talks with long-term suppliers about potential additional supply, a senior executive said on Saturday.Japan's largest LNG buyer h...Reuters
5 hours ago
BP wins US approval for Kaskida project in Gulf of Mexico, spokesperson says
March 13 (Reuters) - British energy major BP BP.L has received approval from the Trump administration to advance its Kaskida project in the Gulf of Mexico, a company spokesperson told Reuters in an emailed statement late on Friday. The $5 billion investment would unlock 10 billion barrels of resourc...Reuters
5 hours ago
Europe repaid Tokyo a favour by supporting oil stock release, Japan minister says
Japan last released its oil stockpiles in IEA-led coordinated action in 2022Asian buyers hit hard by Strait of Hormuz closure amid Iran warU.S. calls on allies to increase energy purchasesBy Yuka Obayashi and Katya Golubkova TOKYO, March 14 (Reuters) - Europe repaid Japan a favour when agreeing o...Reuters
5 hours ago
Kharg Island, struck by US, is key hub for Iran oil exports
Kharg Island is vital for Iran's oil exports, handling 90% of shipmentsIran is key oil supply source for ChinaIsland long seen as key vulnerability for Iran By Tony Munroe March 14 (Reuters) - Kharg Island, where U.S. forces on Friday destroyed military targets, is the hub for 90% of Iran'...Reuters
6 hours ago
US, Japan agree on their roles in potential nuclear power project, Westinghouse says
TOKYO, March 14 (Reuters) - The United States and Japan have agreed on the roles they will take in a potential joint nuclear project involving Westinghouse and Japanese nuclear power equipment makers, Dan Lipman, president of global business initiatives at Westinghouse, told Reuters on Saturday. Jap...Reuters
8 hours ago
BP Wins Ok For First New Gulf Project Since Deepwater Horizon Tragedy - Bloomberg News
March 13 (Reuters) - BP WINS OK FOR FIRST NEW GULF PROJECT SINCE DEEPWATER HORIZON TRAGEDY - BLOOMBERG NEWSBP’S DEEPWATER KASKIDA PROJECT IS SCHEDULED TO START CRUDE PRODUCTION IN 2029 - BLOOMBERG NEWSSource text: [https://tinyurl.com/5p4n6fwh]Reuters
9 hours ago
US authorizes 13% increase in exports at Venture Global's Plaquemines LNG terminal
March 13 (Reuters) - U.S. Secretary of Energy Chris Wright has authorized a 13% increase in exports at Venture Global's VG.N Plaquemines liquefied natural gas terminal in Louisiana, the U.S. Department of Energy said on Friday. The move allows additional exports of up to 0.45 billion cubic feet ...Reuters
9 hours ago
US authorizes 13% increase in exports at Venture Global's Plaquemines LNG terminal
March 13 (Reuters) - U.S. Secretary of Energy Chris Wright has authorized a 13% increase in exports at Venture Global's VG.N Plaquemines liquefied natural gas terminal in Louisiana, the U.S. Department of Energy said on Friday.Reuters
9 hours ago
US says oil from strategic reserve to start reaching market next week
March 13 (Reuters) - The Trump administration said on Friday it expects early deliveries of oil from the U.S. strategic petroleum reserve to reach the market by the end of next week as part of an effort to combat the energy price spike since the start of the Iran war. The oil will be released in the...Reuters
9 hours ago
