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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising ...
Pakistan LNG Seeks Emergency Cargo After Weekend Hormuz Flare-Up
Pakistan’s state LNG importer is urgently seeking to procure an LNG cargo for delivery this week, with offers due on June 29, as traffic through the Strait of Hormuz remains volatile amid persistent t ...
Strait of Hormuz Tanker Traffic Slows After Fresh U.S.-Iran Strikes
Tanker traffic through the Strait of Hormuz has eased since late last week as vessel owners and operators remain cautious amid the renewed hostilities between Iran and the United States this weekend. ...
Oil Prices Climb as U.S.-Iran Flare-Up Shakes Market Complacency
Oil prices were climbing early on Monday morning after a fresh escalation between the U.S. and Iran over the weekend. The price rise was relatively delayed, as markets continue to price in a potential ...
U.S. Pipeline Giant Eyes $5.5 Billion Deal to Expand LNG Reach
U.S. natural gas pipeline giant Williams could be close to one of its biggest acquisitions ever as it is in late-stage talks to acquire gas pipeline operator Momentum Midstream in a deal estimated to ...
Middle East Oil Production Rebounds to 15 Million Bpd
Crude oil production in the Middle East rebounded to between 14.6 million bpd and 15 million bpd earlier this month amid the ceasefire between Iran and the United States, the Financial Express reporte ...
China’s LNG Buying Rebounds as Summer Power Demand Surges
China’s imports of liquefied natural gas this month are likely to be unchanged on last year’s, Kpler has forecast, seeing arrivals of a total of 5.29 million tons, as cited by Bloomberg. The June tota ...
Australian Gas Exploration Surges as Energy Security Takes Center Stage
Investment in natural gas exploration in Australia hit the highest in ten years amid the energy crunch caused by the war in the Middle East, totaling the equivalent of $329 million in the first quarte ...
Oil Markets Are Pricing A Supply Surge That Isn’t Guaranteed
Crude oil prices are in freefall after the United States and Iran agreed on a ceasefire, set to last 60 days. Traders expect the ceasefire to unleash an avalanche of crude, and indeed, tankers are lea ...
The World's Biggest Energy Bet Is No Longer on Fossil Fuels
For years, critics of the energy transition have made essentially the same argument. Renewable energy was supposedly too expensive, too dependent on subsidies, too intermittent, and too vulnerable to ...
The World Is Racing to Develop New Nuclear Fuels
In the age of the nuclear renaissance, several countries are strategising to significantly increase their nuclear energy capacity over the coming decades, as part of efforts to diversify their energy ...
China Eyes a Major Opportunity in Post-War Iran
Beijing is positioning itself to lead the post-war reconstruction effort in Tehran - a move analysts suggest could secure China long-term access to critical Iranian oil reserves. The diplomatic ground ...
Egypt Targets 60% Renewable Electricity by 2040
Egypt has steadily been increasing its renewable energy capacity and has even bigger plans for the coming decade. While Egypt continues to rely heavily on fossil fuels, that could soon change thanks t ...