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China’s growing debt burden limits space for economic stimulus
Mounting interest payments restrict headroom to revive domestic demand, say experts...
US hits commercial tanker in Gulf of Oman as tensions flare
The ship tried to break through America’s naval blockade of Iranian ports, Central Command says of i...
Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade ro...
US Oil Drillers See Pullback as Oil Prices Rise
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US falling to ...
India Boosts Battery Investment to Cut Solar Power Waste
Solar power developers in India have started to add battery storage to photovoltaic projects to attract buyers and reduce the large share of curtailments for power supply that the grids are unable to ...
Oil Nears $100 as Trump’s ‘Economic D-Day’ Raises the Stakes
Hormuz traffic remains near a standstill as Trump’s ‘Economic D-Day’ campaign pushes Brent closer to $100. Friday, August 21, 2026 Transits through the Strait of Hormuz have been in single digits the ...
India Builds Clean Power Faster Than It Can Use It
Numbers Report – August 21, 2026 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week ...
Saudi Oil Exports from Mediterranean Soar with Shuttles North to Avoid Houthis
Saudi Arabia has boosted its crude oil exports from Egypt’s Mediterranean port of Sidi Kerir by about 33% in the month since the Houthis threatened Saudi oil shipments in the southern Red Sea and the ...
The Battery Boom Is Becoming Impossible to Ignore
For the past several weeks, I have been working my way through the major findings in the Energy Institute’s 2026 Statistical Review of World Energy. This article concludes that series. For readers who ...
East African Nations Offered 30% Share of Dangote’s Kenya Mega-Refinery
Nigeria’s Dangote Group has offered a 30% stake in a planned refinery in Kenya to East African nations, a senior economic adviser to Kenya’s President William Ruto said. Dangote Group, the corporatio ...
Nigeria Eyes $50 Billion Offshore Oil and Gas Investment Boom
The new Nigerian incentives for offshore oil and gas projects have the potential to attract $50 billion in new investment in Nigeria’s offshore energy sector, the Nigerian Upstream Petroleum Regulator ...
China’s Oil Imports Set to Rebound as Refiners Hunt for New Supply
Crude oil imports into China are set to rise by about 1.2 million barrels per day in the final quarter of the year from the current one, although they will likely remain lower than pre-war levels, Blo ...
Brazil’s New Oil Frontier Could Keep Its Boom Alive For Decades
Brazilian President Luiz Inácio Lula da Silva has hailed a new offshore oil discovery by Petrobras (NYSE: PBR) near the mouth of the Amazon River as a "passport to the country's future", continuing hi ...
Houthis Move to Gain Complete Control Over Crucial Bab el-Mandeb Oil Chokepoint
The Yemeni Houthis are planning to seize land along the Yemeni coast in the Bab el-Mandeb Strait, tightening their control of the chokepoint. The information comes from the minister of information in ...
Hormuz Oil Crisis Accelerates Global EV Sales
Global electric vehicle sales have surged this year following the oil supply disruption in the Middle East and the second oil price shock in four years. The accelerating EV adoption that began with th ...