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Moscow Refinery May Stay Offline Until 2027
The Moscow Oil Refinery is highly unlikely to resume production before 2027 after suffering extensiv...
JPMorgan raises S&P 500 target to 7,800, but warns of 'flash crash'
JPMorgan ups its S&P 500 price target for year-end, but warns of a possible 'flash crash' ahead....
U.S.-Iran Deal Doesn’t Mean a Swift Return of Oil and Gas Flows
The U.S.-Iran deal and the potentially imminent reopening of the Strait of Hormuz do not mean that oil and gas trade will quickly return to its previous levels. The announcement of the deal is just th ...
Japanese Shipping Companies Hold Back Despite Hormuz Deal
Japanese shipping companies that own vessels stuck near the Strait of Hormuz are in no rush to test the veracity of news that the U.S. and Iran had agreed to end their hostilities, with Iran reopening ...
Australian Regulator Clears LNG Strike
The Australian Fair Work Commission has denied Inpex a request to stop a strike at the Ichthys facility that would affect production and exports at the 9.2-million-ton facility. According to a Reuters ...
LNG Tanker Heads for Hormuz Amid News of Reopening
A liquefied natural gas tanker has headed for the Strait of Hormuz, following an announcement by President Trump that he had struck a deal with Iran for the reopening of the chokepoint. Itan confirmed ...
Oil Prices Plunge as U.S. and Iran Reach Deal to Reopen Strait of Hormuz
Oil prices plunged in early Monday trading in Asia after the U.S. and Iran announced a deal to reopen the Strait of Hormuz more than 100 days after its closure. At the time of writing, Brent crude had ...
Nuclear Drives “All of the Above” Trend in Energy Security
Japan plans to rebuild over a dozen nuclear reactors by 2050; China is building seven new ones this year alone; in the U.S., two companies are building a hybrid nuclear-and-gas power plant; Germany ad ...
Alaska’s Untapped Oil Wealth Is Still Struggling to Find Investors
Alaskan oil and gas production has always been a complicated issue, as energy companies want to tap the region’s vast reserves and environmentalists fear irreparable damage to the vulnerable ecosystem ...
Silicon Valley’s AI Dreams Face a Blue-Collar Reality
Most discussions about artificial intelligence focus on chips, data centers, power plants, and electricity demand. Those are all important. But another bottleneck is beginning to emerge, and it may pr ...
Fiji Blocks Controversial Australian-Backed Waste Incinerator Project
Fiji has rejected Australia’s proposal to ship waste to the South Pacific country to burn and produce energy, with Fiji’s ambassador to the UN, Filipo Tarakinikini, saying, “[We] must not become the P ...
Fuel Tax Changes Hit Six States As Energy Inflation Accelerates
Oil markets extended their decline on Friday, with crude prices falling sharply after U.S. President Donald Trump said a peace agreement with Iran was close and canceled previously threatened military ...
The Promise and Peril of Jamaica’s Offshore Oil Ambitions
Jamaica may be following in the footsteps of its Caribbean neighbours, such as Guyana, as it plans to drill for oil, despite being highly vulnerable to climate change. In recent years, Caribbean oil e ...
UK Sets January 2027 Deadline for Ban on Fuel Made From Russian Crude
The UK has finally put a date on the sanctions loophole it said it would close a while ago. The British government said Friday that imports of diesel and jet fuel refined from Russian crude in third c ...