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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...
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 ...
Venezuela’s Oil Revival Gains Momentum
The United States’ plans to revitalize Venezuela’s oil sector are moving at a snail’s pace. But it seems that plans are finally falling into place, with two different U.S. companies – SLB and Hunt Oil ...
45 Power Plants in India Running on Critically Low Levels of Coal Stocks
As many as 45 coal-fired power plants in India are currently operating with critically low levels of coal stocks, as electricity demand rises amid the strong El Nino but supply is disrupted by monsoon ...
The AI Boom Is Driving a New Era of U.S. Power Demand
Global data-center electricity demand is growing at a remarkable pace, and no country is driving that growth more than the United States. The Energy Institute’s 2026 Statistical Review of World Energy ...
Strait of Hormuz Traffic Ticks Higher Amid New Diplomatic Push
Commodity vessel traffic at the Strait of Hormuz rose slightly over the past 24 hours amid diplomatic efforts to discuss temporary corridors or tentative reopening of the Middle East’s most vital oil ...
Trump Complained About Big Oil Profits, But Dumped Exxon Stock on Ceasefire Day
President Donald Trump’s investment accounts sold between $500,000 and $1 million of ExxonMobil stock on April 7, the same day Trump announced a ceasefire in the Iran war and hours before Exxon shares ...
Fortum Seeks State Aid for Major New Nuclear Project in Sweden
Nordic energy company Fortum on Thursday said it had submitted a state aid application to start talks with the Swedish state on the terms and conditions to advance a new nuclear power project in Swede ...
Baltic States Build Up Defenses Amid Rising Fears of Russian Aggression
A letter seen by RFE/RL reveals growing concern about Russian aggression in the Baltic States, speaking of a "deteriorating security environment" amid an "increased frequency of airspace violations an ...
TotalEnergies Exits Russia’s Sanctioned Arctic LNG 2 Project
French oil and gas supermajor TotalEnergies has completed the transfer of its 10% stake in the Arctic LNG 2 to operator Novatek, ending its participation in the sanctioned Russian export project. Tota ...
Weak Asian Oil Imports Challenge Claims of Surge in Hormuz Transits
Asia is expected to welcome roughly the same volumes of crude oil this month as it did in July, with these still weak imports not signaling a surge in tanker crossings at the Strait of Hormuz as the U ...
Qatar and Kuwait Restore 70% of Pre-War Oil Exports Through Hormuz
Qatar and Kuwait have managed to boost their crude oil exports from the Strait of Hormuz to 70% of pre-war levels as they followed the United Arab Emirates in shuttling oil through the chokepoint and ...
Thailand Accelerates Clean Energy Push to Cut LNG Dependence
Thailand plans to accelerate the rollout of renewable energy sources and embrace nuclear power for the first time to cut reliance on imported LNG in the wake of the Middle East crisis, Energy Minister ...