Energy
$9.6 Billion in Southeast Asian Upstream Assets Are for Sale Through 2027
Southeast Asia's upstream merger and acquisition (M&A) conversation has moved from which international oil companies…
Energy
1080 articles
Energy
Iran’s Oil Minister Resigns as U.S. Blockade Chokes Crude Exports
Iran’s oil minister has resigned as the U.S. blockade pushes the country’s crude exports and oil revenues toward zero, h…
Energy
Here’s How Trump’s Using The Graham Act To Trap Russia And Crush Iran
The signing of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 by President Trump on 18 September gives hi…
Energy
Indian State Firm BPCL Readies $3-Billion Bond to Fund Brazil oil Project
Indian state-owned refiner Bharat Petroleum Corporation Limited (BPCL) prepares to issue a $3-billion bond to finance it…
Energy
EU Electric Vehicle Sales Hit Record as Fuel Prices Surge
Record-high fuel prices and a record number of newly available affordable models have pushed electric vehicle sales in t…
Energy
Possible Fire Reported at Saudi Refinery as Attack Claims Circulate
Reports of a possible attack on Saudi Arabia's Petro Rabigh refining and petrochemical complex north of Jeddah emerged o…
Energy
Supreme Court Takes Up Boulder Climate Suit Against Exxon and Suncor
Today, the U.S. Supreme Court will hear arguments about whether a lawsuit filed in state court in Colorado seeking damag…
Energy
Aramco CEO Warns Oil Inventories Are ‘Scarily Thin’
Saudi Aramco CEO Amin Nasser warned Monday that the world has lost nearly 3 billion barrels of gross oil supply since th…
Energy
Rubio Opens 4-Day NATO Tour in Iceland to Discuss Arctic Security
US Secretary of State Marco Rubio is heading to Iceland, Greece, and Portugal on October 5-8 for talks on security, defe…
Energy
Houthis Claim Strike on Aramco Facility in Riyadh as Yemen Fighting Escalates
Despite reports of surging oil flows out of the Strait of Hormuz, tensions in the Middle East remain high as the fresh S…
Energy
South Korea Plans to Triple Canadian Crude Imports as Saudi Share Slips
The share of Saudi crude in South Korea’s oil imports dipped below 30% for the first time since 2021, as the resource-po…
Energy
Japan Rules Out More Reserve Releases After G7 Pledges 100 Million Barrels
Japan does not plan to carry out additional releases of crude oil from its national reserves, a senior government offici…
Energy
Hormuz LNG Flows Still Down More Than 75% Despite Rebound
LNG traffic at the Strait of Hormuz appears to be ticking up despite increased threats to shipments in the chokepoint in…
Energy
Diesel Margins Slide as G7 Announces 100 Million Barrel Stocks Release
The G7 announcement of a release of 100 million barrels of crude oil and diesel has pressured down middle distillate ref…
Energy
Aramco Cuts Asia Oil Prices to Six-Year Low, Raises Prices for Europe
Saudi Aramco has raised oil prices for European-bound cargoes in November but has cut prices for Asian buyers to the low…
Energy
OPEC+ Holds November Quota at 31.01 Million Barrels Daily
OPEC+ agreed on Sunday to keep its oil production quota for next month unchanged from this one, in line with expectation…
Energy
Oil Prices Fall as Hormuz Crude Flows Top Pre-War Levels
Crude oil prices fell in early trading, though Brent remained above $100, after a report from Kpler revealed that flows …
Energy
Fuel Price Shock Pushes Global Gas Car Sales Below 50% for First Time
The share of gasoline cars in global vehicle sales fell below 50% for the first time ever as the Hormuz shock and the re…
Energy
Europe’s Diesel Woes Just Got Even Worse
China this week announced it will suspend all fuel exports this month to keep its domestic market supplied. Also this we…
Energy
Pentagon Backs Ambitious Plan to Beam Solar Power From Space
Space-based solar power just got another powerful vote of confidence. The United States Department of Defense just inked…
Energy
Floating Power Plants Are Opening a New Energy Frontier
The renewable revolution is running out of space. Utility-scale solar and wind farms take up enormous tracts of land and…
Energy
Private Equity Firms Double Down on Fossil Fuels
Despite pressure from some governments and consumers for a global energy transition, private equity firms continue to in…
Energy
The Iran War Is Showing What ADNOC’s AI Can Really Do
Oil companies have spent years using AI to drill faster, predict equipment failures and squeeze more production from exi…
Energy
Could White Hydrogen Succeed Where Green Hydrogen Stumbled?
The green hydrogen hype has all but stalled out – but could white hydrogen take its place as the next big thing in decar…