Oil Prices Today WTI Crude $96.57/bbl, Brent $95.20/bbl,

11 Apr Oil Prices Today WTI Crude $96.57/bbl, Brent $95.20/bbl,

(Oilandgaspress) QatarEnergy is moving to restore liquefied natural gas (LNG) output following a production halt in March 2026 triggered by military attacks on its facilities. According to a Reuters report on April 8, 2026, the state-owned energy giant has already restarted operations on two of the three production trains at the QELNG North 1 facility, also known as Qatargas-1 The resumption of activity comes after significant disruptions caused by attacks on infrastructure in Ras Laffan and Mesaieed in March. QELNG North 1, located in Ras Laffan Industrial City, holds historical significance as Qatar’s inaugural LNG project. The facility comprises three traditional liquefaction trains with a combined annual LNG capacity of approximately 10 million tons.

While the restart of two trains marks a critical step toward recovery, the report indicates that a return to full production capacity remains contingent on maritime security conditions. Specifically, the ability of LNG carriers to safely navigate the Strait of Hormuz is the primary bottleneck. Related News

U.S. Rig Count is down 3 from last week to 545 with oil rigs unchanged at 411, gas rigs down 3 to 127 and miscellaneous rigs unchanged at 7
Canada Rig Count is down 7 from last week to 135 with oil rigs down 5 to 83, gas rigs down 2 to 52 and miscellaneous rigs unchanged at 0.
International Rig Count is down 54 from last month to 1,058 with land rigs down 44 to 829, offshore down 10 to 229.

Meren Energy Inc. announces that its Annual General Meeting of Shareholders will be held on Wednesday, May 20, 2026, at 9:00 AM (Pacific Time) at Bennett Jones LLP Fraser Boardroom, Park Place, 666 Burrard Street, Suite 2500, Vancouver V6C 2X8. The purpose of the Meeting is as follows:

1. To receive the consolidated audited financial statements and accompanying management’s discussion and analysis of the Company for the year ended December 31, 2025, together with the report of the auditors;
2. To appoint PricewaterhouseCoopers LLP as auditors of the Company to hold office until the next Annual General Meeting, at a remuneration to be fixed by the directors of the Company;
3. To consider and, if deemed advisable, to approve an advisory resolution to accept the Company’s approach to executive compensation; and
4. To elect directors to hold office for the ensuing year. Related News

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