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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....
Sanctioned Russian LNG Tanker Stops at Norwegian Port
An LNG tanker linked to Russia's Arctic gas trade and sanctioned by the UK has stopped at a port in northern Norway in the first appearance of such a vessel under Western sanctions in these waters. Th ...
Trump’s Iran Signals Send Oil Markets Into Chaos
Oil prices whipsawed after reports of a possible U.S.-Iran framework deal briefly sent Brent plunging, only for fresh U.S. strikes on Iran to push crude back toward $100. Probable Super Niño Adds Insu ...
India's KPI Green Energy Eyes $1 Billion Renewables Trust Launch by 2028
India-based KPI Green Energy expects to raise up to $1 billion from the launch of an infrastructure investment trust backed by renewable energy assets, KP Group’s top executive told Reuters on Tuesday ...
Australia Dodges LNG Disruption as Union Cancels Strike
A strike threat at one of Australia’s biggest LNG facilities, Ichthys, has been averted after the trade union organizing the industrial action reported progress on negotiations with operator Inpex on ...
Mexico’s Pemex Still Struggles Despite the Oil Price Surge
Mexican state oil giant Pemex was spared a rating downgrade at Moody’s despite the agency slashing Mexico’s sovereign rating to just one notch above junk status. Yet, the affirmation of Pemex’s rating ...
America’s Water Crisis Can No Longer Be Ignored
Policymakers, politicians, and the media have been talking about the need for better water policy in the desert southwest of the United States for decades. As the Colorado River, a major source of wat ...
The Infrastructure Gap Threatening Britain's EV Transition
Motorway services will be central to the EV transition, but urgent action is needed to unlock grid capacity, writes Tim Gittins The UK has now passed a significant milestone with more than 2m electric ...
The Iraq Sanctions Strike That Signals Washington’s New Middle East Playbook
Iraq’s Deputy Minister of Oil, Ali Maarij Al-Bahadly, along with many other individuals and businesses, was last week included by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) ...
Why Hasn’t Oil Hit $150?
I think most energy analysts would have been shocked to learn that roughly three months into a total closure of the Strait of Hormuz, oil would be trading at just over $100 a barrel. I certainly expec ...
Malaysia Secures Fuel Supply Through End of July
Malaysia has secured its fuel supply until the end of July, state energy firm Petronas has assured the economy ministry, as Southeast Asia is reeling from the worst supply disruption in the history of ...
Sinopec Boosts China's Shale Oil Output
Sinopec’s Jiyang shale oil base in Shandong province has ramped up output in recent months, raising Chinese shale production and domestic resources and output as the world’s biggest crude importer loo ...
Australia Set to Include Existing LNG Deals in Gas Reservation Scheme
Australia plans to include existing LNG contracts in its so-called Domestic Gas Reservation scheme, expected to come into force in July 2027, to ensure local supply. The new Australian regulation, whi ...