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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...
Nato should prepare for deadly Russian ‘hybrid’ attack, says Poland
Foreign minister Radosław Sikorski says risk of casualties is rising as Moscow escalates sabotage ca...
India Surpasses 300 GW of Non-Fossil Power Capacity
India is comfortably on track to meet its goal to have 500 gigawatts (GW) of non-fossil-fuel power capacity installed by 2030, after having just hit the 300 GW milestone, New and Renewable Energy Mini ...
Gulf Oil Exports Rebound Despite Iran War
Oil volumes moving out of the Persian Gulf have recovered to about two-thirds of the typical levels from before the Iran war, Goldman Sachs says, noting that the jump in exports could cap oil prices e ...
China’s Solar Boom Hits a Wall as Industry Losses Mount
Three of China’s top solar market players reported deepening losses over the first half of the year, reflecting weakening demand for solar in the world’s top manufacturer and generator. Jinko Solar, J ...
Hormuz Tanker Traffic Drops Despite Recovery in Oil Flows
Tanker traffic in the Strait of Hormuz slowed below the ten-day average this week, with only seven commodity vessels traversing the waterway on Thursday, Reuters reported today, citing preliminary dat ...
Oil Prices Head for a Weekly Loss Despite Escalating Iran Tensions
Crude oil prices were on course to book another weekly loss despite no sign of any progress being made towards peace between Iran and the United States. At the time of writing, Brent crude was trading ...
Egypt’s LNG Comeback Is Set to Start in Cyprus
Egypt’s gas sector is running short of domestic gas just as Cyprus prepares to become a producer. The recently approved Cronos project offshore Cyprus (expected to deliver up to 2.8 million tonnes per ...
East Africa’s Oil Rivalry Spurs Multi-Billion-Dollar Projects Across The Region
Last month, we reported that Nigerian billionaire and Africa’s richest man, Aliko Dangote, has agreed to build a $17 billion (Ksh2.2 trillion), 700,000-barrel-per-day refinery on Kenya’s Lamu Island t ...
U.S. In Talks To Take Direct Ownership Of Venezuelan Oil Fields
The Trump administration is reportedly in active discussions with Venezuela’s interim government to acquire a direct U.S. ownership stake in key Venezuelan oil fields. According to senior U.S. officia ...
Trump’s War on Offshore Wind Leaves U.S. Workers in Limbo
United States President Trump has strongly criticised wind power since coming into office, introducing several executive actions aimed at restricting the development of wind farms. Trump has particula ...
Trump Sends Saudi Nuclear Deal to Congress as Riyadh Rejects Israel Condition
Trump has formally sent the landmark U.S.-Saudi civilian nuclear agreement to Congress, even as Riyadh reiterated Thursday that it will not normalize relations with Israel without an independent Pales ...
Central Asia Resists US Pressure to Choose Sides in AI Race
Kazakhstan and Uzbekistan are tossing figurative darts at a US trial balloon connected to the intensifying race between the United States and China for leadership in AI development. Reuters reported ...
Energean in Exclusive Talks for $1 Billion BP Egypt Gas Deal
Energean is in exclusive talks to buy a package of BP’s Egyptian oil and gas assets in a deal that could raise about $1 billion for the British energy major, Reuters reported Thursday exclusively, cit ...