News

Fading geopolitical risks and rising global supply outweigh U.S. demand strength, placing further pressure on oil prices.
Santos has granted an ADNOC-led consortium exclusive due diligence access for six weeks concerning an $18.7 billion non-binding takeover bid for the Australian energy company.
Shell has started subsea compressors at Norway’s Ormen Lange natural gas field to boost recovery and increase production, ...
China significantly increased its crude oil imports from Iran in June due to higher Iranian loadings, independent refiner demand for discounted barrels, and a shift in US policy signaling leniency on ...
Centrica is preparing to acquire a 15% stake in the UK’s Sizewell C nuclear power plant project, which is nearing its final investment decision.
Goldman Sachs reports that the risk of crude oil supply disruption in the Middle East has significantly decreased after a ceasefire between Israel and Iran, leading to revised oil price forecasts.
The US Strategic Petroleum Reserve's planned crude oil deliveries are delayed by seven months until December 2025 due to site maintenance.
Crude oil prices are set for a weekly loss as fears of Middle East supply disruptions subside and market attention shifts to tariffs and upcoming OPEC+ decisions.
China’s Fengning station alone can deliver 40 GWh of power—dwarfing U.S. battery sites like Moss Landing, which has just 3 ...
A new oil and gas project in the North Sea has been greenlit by Norwegian oil major Equinor and its Fram partners, which plan ...
The commissioning of Brazil’s largest gas-fired thermal plant, GNA II, is set to significantly increase the country’s annual ...
In a move with significant implications for transcontinental energy trade, the UK government has formally withdrawn support ...