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Kazakhstan Cuts Gas Output after Drone Strike on Russian Processing Plant
Kazakhstan has slashed by a quarter natural gas production at the huge Karachaganak oil and gas fiel...
Oil prices fall, tech sell-off hits S&P 500 and Nasdaq
Brent crude is trading under $73 a barrel while the Nasdaq is on pace for a weekly loss of more than...
Crude Prices Sink as Traders Bet on More Iranian Oil
August WTI crude oil futures kept falling sharply during the week ending June 26. Traders continued ...
Malaysia's Oil Production Fell 5.5% in Q1
Malaysia's crude and condensate production dropped by 5.5% from a year earlier to 43 million barrels in the first quarter of 2026, due to a slump in crude output, the Department of Statistics Malaysia ...
Norway Averts Offshore Strike as Workers and Industry Reach Deal
Norway has narrowly avoided a strike at offshore oil platforms after trade unions and oil companies reached an agreement on wages in the early hours on Friday. The potential strike over wages could ha ...
Indian Companies Eye Venezuelan Oil Fields as Imports Surge 51% in a Month
Indian energy companies are interested in expanding into Venezuelan oil, New Delhi’s top energy official Hardeep Singh Puri said today at a meeting with Venezuela’s interim president Delcy Rodriguez i ...
Japan Plans to Replace Up to 14 Nuclear Reactors by 2050
Japan's government is making long-term plans for replacing up to a dozen nuclear reactors by 2050, to secure its electricity supply, with two to five of these to be rebuilt by the 2040s, the country's ...
Oman Oil Terminal Attack Rattles the Market's Last Calm Corner
Media reports about a blast disrupting oil loadings at Oman’s main terminal pushed benchmark prices higher earlier today, in the latest sign that any hopes about an end to Persian Gulf hostilities is ...
North Dakota Chases A Second Bakken Boom Through Enhanced Recovery
North Dakota’s elected officials are pushing hard to deploy Enhanced Oil Recovery (EOR) technologies to boost oil production in the Bakken before Donald Trump's tenure as president expires. The Trump ...
Brazil, Guyana, Venezuela Fuel South America’s Oil Export Boom
South America has raised its oil exports more than the U.S. has done so far this year as key producers in the region boosted production and shipments to a world scrambling for crude that’s not depende ...
IAEA Warns Iran Nuclear Risk Has Increased
The possibility of Iran developing a nuclear weapon is now higher than it was before the United States and Israel first attacked the country in February, the International Atomic Energy Agency has con ...
A New U.S. Battery Line Designed to Make Energy Storage Safer and Cheaper
The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid. The new line is housed at ...
Iran's Oil Exports Collapse to Six-Year Low as Blockade Tightens
Iran's oil exports fell to their lowest level in at least six years in May as the U.S. naval blockade continued to choke off crude shipments and leave tens of millions of barrels stranded at sea. Acco ...
Venezuela’s Debt Overhaul Faces New Controversy
When the US removed Nicolás Maduro from power in Venezuela, the expectation was collapse. It has not come. The removal of a long-serving head of state is almost always followed by economic chaos. Foll ...
Central Banks Bought Less Gold in 2025 But It Still Hit a 45 Year High
Gold saw a significant price rally over the course of 2025, after geopolitical uncertainty and heightened central bank buying drove more people to the safe haven asset. Gold prices rallied 44 per cent ...