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India is accelerating biofuel expansion to enhance energy security as Middle East conflict pushes crude prices above $100 per barrel. Surging import bills, up 60% year-over-year in Q2, are driving th…
Global clean tech investment dropped 17% in the first half of the year, driven by a 49% plunge in China following subsidy cuts and EV tax exemption phaseouts. The pullback highlights shifting governm…
Direct military clashes between the U.S. and Iran near the Strait of Hormuz threaten global oil transit, stoking crude supply disruption fears, elevating inflation risks, and boosting long-term deman…
A former Chevron executive highlights the operational complexities of restarting Venezuelan oil production. Despite the strategic value for U.S. energy security, the heavy crude and lack of infrastru…
The US government is negotiating a 35% stake in North American Blue Energy Partners' Venezuelan oil venture. While this secures future supply at cost, the deal is passive and involves a private entit…
Geopolitical tensions in the Middle East are structurally reshaping the global energy landscape, impacting supply routes and tanker rates. Despite current soft oil prices, the industry is responding …
US SPR fell to a 43-year low of 298.7M barrels amid Iran-Israel conflict and stalled Mideast cease-fire talks. Degraded infrastructure limits refill/drawdown capacity, raising inflation and oil suppl…
Egypt plans $4.5bn refinery investment, aims to boost oil/gas output, import Cypriot gas for re-export, and reduce petroleum imports as part of its 2026/2027 development strategy.
Gulf oil producers explore an Israel-Saudi pipeline to bypass dangerous Hormuz and Bab-el-Mandeb chokepoints amid Iran-Houthi threats. Plan remains speculative, hindered by lack of Saudi-Israel diplo…
China's strategic reserves and reduced oil imports have cushioned global markets during the Iran war-driven Strait of Hormuz closure, but analysts warn a prolonged disruption beyond two months could …
Middle East war disrupts LNG flows from Qatar, doubling prices since January. Global LNG demand may fall 8% in 2025 as buyers switch to coal, while supply risks persist amid Strait of Hormuz attacks.
Shell will invest in Arrow Energy's Surat Gas Project Central in Queensland, adding 143 wells to supply domestic and QCLNG export markets, with production starting in 2028.
India's Russian crude oil imports hit a record high in July, accounting for 55.5% of total imports. Despite U.S. sanctions, India relies heavily on Russian oil due to supply security concerns in the …
NextDecade's Rio Grande LNG Phase 1 is ahead of schedule, with Train 1 LNG output expected in H1 2027. Iran conflict and Strait of Hormuz closure have tightened global LNG supply, boosting demand for…
Europe faces a winter energy crunch as gas storage sits below target and diesel inventories hit multi-year lows amid Qatari LNG disruptions and Russian export bans, threatening supply security and pu…
Greenland Energy (GLND) is advancing Arctic oil exploration, gaining attention amid global energy security concerns. While the project highlights the need for diversified supplies, it carries substan…
Baker Hughes shares surge after strong Q2 earnings beat, driven by robust cash flow and resilience amid Middle East disruptions. CEO cites energy security and AI demand as growth drivers, signaling b…
Houthi attacks on shipping pushed oil above $100/barrel, tightening physical crude and LNG markets. Despite volatility, majors continue billion-dollar upstream investments, signaling long-term confid…
Norway's June crude output beat forecasts at 1.827M bpd, up from 1.677M bpd last year, as fields returned from maintenance. Rising supply from a reliable producer offsets some Middle East risk premiu…
Trump claims incoming UK PM Andy Burnham will expand North Sea oil drilling, but Labour officials deny a policy shift, calling it a matter of 'emphasis.' Speculation remains unconfirmed.