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Saudi-led coalition says it intercepted Houthi ballistic missile toward Khamis Mushait
The Saudi-led military coalition said that it has intercepted and destroyed a ballistic missile fire...
Middle East War updates: New attack launched on Saudi airport
Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, ...
Will We Control AI—or Will AI Control Us?
The world is undergoing a transformation driven by the exponential growth of artificial intelligence (AI)—a pace of change unprecedented in human history. Consequently, many people fear massive unempl ...
BLM Moves to Fast-Track Oil Permits in Alaska Petroleum Reserve
The Bureau of Land Management wants to cut the permitting time for some oil and gas projects in Alaska’s National Petroleum Reserve to as little as 60 days, according to a Friday press release. The pr ...
Ukraine Pushes Congress for Russia Sanctions Before Election Recess
Ukraine’s top sanctions official says he remains optimistic about prospects for a sweeping Russia sanctions bill in the US Congress despite growing uncertainty over when the House of Representatives w ...
Citadel Eyes U.S. Shale as Oil Trading Moves Closer to the Wellhead
Citadel is shopping for U.S. oil production assets, including a previous bid for WildFire Energy before Magnolia Oil & Gas agreed to buy the Eagle Ford producer for $4.06 billion. Reuters reported Fri ...
U.S. Oil Rig Count Rises as Gas Rig Activity Declines
The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US ...
Rosneft CEO: China Calls The Shots in Oil Markets, Not OPEC
China and its crude oil buying behavior in the spring and summer have stabilized global oil markets as Beijing, not OPEC, is calling the shots now, according to Igor Sechin, chief executive of Russia’ ...
Record Diesel Prices Push Brent Toward $95
Diesel prices and refining cracks surge as tightening middle distillate supplies push Brent toward $95. Friday, September 04, 2026 Refined products have been the main driver of rising oil prices, part ...
China Rare Earth Firms Freeze U.S. Exports Weeks Before Xi-Trump Summit
Despite having secured export licenses, some Chinese rare earth producers have stopped shipping these materials to the United States over fears of repercussions from China's authorities, sources famil ...
India Plans Mandatory Battery Storage at Solar and Wind Projects
India’s authorities plan to introduce, from July 1, 2027 a regulation requiring developers of solar and wind energy projects to have battery storage installed at the sites in a bid to better manage th ...
Iran Says It's Found Ways to Dodge U.S. Oil Blockade
Iran pursues various tactics to bypass the U.S. blockade, which President Trump reimposed in the middle of July after the deal to make a deal collapsed, according to Iranian Oil Minister Mohsen Paknej ...
How Much Oil Is Really Getting Through the Strait of Hormuz?
Trump says the U.S. has effectively reopened the Strait of Hormuz, with 18 million barrels of oil reportedly crossing under American protection on Tuesday, close to the roughly 20 million bpd that mov ...
Europe Gas Prices Head for Fourth Straight Weekly Gain
European benchmark natural gas prices on Friday headed for their fourth consecutive weekly gain as the re-escalation in the Middle East dampened hopes that LNG flows from the Strait of Hormuz could no ...