News

PJM Interconnection has issued an alert for July 16 amid soaring demand, highlighting growing U.S. grid reliability ...
The U.S. is threatening to leave the IEA unless it stops promoting green energy and returns to objective oil demand forecasting.
Slovakia demands an exemption to keep importing Russian gas until 2034 in exchange for dropping its veto on new EU sanctions against Russia.
Several oilfields operated by foreign companies in Iraq’s semi-autonomous region of Kurdistan have halted production in the ...
China is set to import record volumes of naphtha in 2025 as trade tensions disrupt U.S. ethane and propane supplies.
MidOcean Energy, backed by Saudi Aramco, is the leading bidder to acquire Petronas’s Canadian gas and LNG assets in a deal potentially worth up to $7 billion.
Refiners remain active. According to Reuters, China’s surplus crude inventories surged by 1.3 million barrels per day in June ...
Morgan Stanley says OECD oil inventories will rise modestly as global supply remains well absorbed, keeping Brent crude stable at $65.
Several major oil-producing countries—including the UAE, Iraq, Saudi Arabia, Brazil, and Guyana—are expanding production ...
Iraq is fast-tracking a new floating LNG terminal tender, with a U.S. firm as the likely supplier, to address its deepening gas supply crisis and reduce reliance on Iranian imports.
Energy megaprojects frequently suffer from massive cost overruns and delays, with less than 3% completed on time and on ...
Statistical Review of World Energy reveals worrying trends in global energy and mineral resource production, driven by ...