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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...
Houthis Target Saudi Oil Tanker in Red Sea Missile and Drone Attack
Yemen's Houthis on Monday targeted the Saudi oil tanker Amzan in the Red Sea off Yanbu with a ballistic missile and drones, the Iran-aligned militant group announced. Soon after initial reports emerge ...
Norway Warns Oil and Gas Output Could Collapse After 2030
Norway is producing oil and gas faster than the industry is finding new resources, increasing the risk of a steep decline after 2030, according to a new report from the Norwegian Offshore Directorate. ...
TotalEnergies Backs Two Major Oil Pipelines to Bypass Hormuz
TotalEnergies will invest in two major oil pipelines designed to bypass the Strait of Hormuz, backing Abu Dhabi’s expansion of its Fujairah export route and a planned pipeline carrying Iraqi crude thr ...
US Accuses More Than 40 Countries of Helping China Evade Tariffs
The United States has fingered over 40 countries, including Azerbaijan, Georgia, Kazakhstan and Uzbekistan, as alleged accomplices in helping China engage in tariff evasion schemes designed to maintai ...
Iran-Linked Cyberattack Tests Britain’s Energy Defenses
An attack on an energy facility which was shut down for four days last month was carried out by hackers linked to the Iranian regime. The cyberattack, which is believed to be the first time Iranian-af ...
Goldman Sachs: Europe Needs Much Higher Gas Prices to Secure Winter Supply
Natural gas prices in Europe need to jump by December for European storage to fill up with enough inventory for the coming winter if the Strait of Hormuz crisis persists and keeps spot LNG prices in A ...
European Leaders Gather in Kyiv as Ukraine Seeks More Air Defense
Ukrainian President Volodymyr Zelenskyy's push to bolster international support and receive additional air defenses continues on August 24 as the so-called Coalition of the Willing meets to discuss wa ...
Iran Blacklists 45 Tankers as Hormuz Standoff Escalates
Iran has blacklisted 45 oil, LNG, LPG and product tankers using the Strait of Hormuz, threatening fines, detention and cargo confiscation as Tehran retaliates against Washington’s looming “economic D- ...
Equinor and Aker BP Make New North Sea Gas Discovery
Norwegian oil and gas firms Equinor and Aker BP have made a gas and condensate discovery close to the operating Balder field in the North Sea, the Norwegian Offshore Directorate, the regulator of the ...
Norway Takes Oilfield Climate Battle to Supreme Court
The Norwegian government is asking the country’s Supreme Court to overturn lower-court rulings that invalidated the development permits of three new oilfields in Norway’s North Sea. The case was broug ...
Japan Power Prices Surge to Highest Since 2023
Japan’s nationwide day-ahead electricity price soared by 20% in one week to settle on Monday at the highest level since January 2023, as gas supply disruptions from the Middle East and an intense heat ...
Iran Unveils Huge New Gas Discovery Amid U.S. Economic Pressure
Iran has made a new gas discovery in the southern province of Fars, with the oil ministry reporting estimates of 7.5 trillion cubic feet of gas, of which 73% is recoverable, or 5.7 trillion cu ft. Ira ...