UK wholesale gas prices have nearly doubled, and oil prices have surged to $80 a barrel following an escalation of the ...
The revitalization of Venezuela’s oil industry following U.S. intervention threatens the market for Ecuador’s heavy crude, ...
Iraq has begun curtailing oil production at key southern fields, including Rumaila, while West Qurna 2 is also shutting in roughly 460,000 barrels per day, according to Iraqi oil officials.
Keystone XL Might Be More Alive Than Dead. Canada’s midstream giant South Bow (TSE:SOBO), spun out of TC Energy in 2024, is reportedly seeking to revive the Keystone XL pipeline by re-routing it ...
Qatar is set to drive at least 40% of global LNG supply growth by 2029, expanding output from 77 mtpa to 142 mtpa.
Despite diversification of suppliers, the world still relies heavily on a single chokepoint, leaving oil and gas markets vulnerable to geopolitical escalation.
The combined company expects $1 billion in annual pre-tax synergies and will hold the largest drilling inventory in the ...
The current development of AI and ASI carries a catastrophic systemic risk, with industry insiders estimating a 10 to 25 ...
Italy’s Eni has strengthened its position in Algeria’s onshore Touat natural gas field following the complete exit of ...
The premium of Brent crude to the Dubai benchmark has surged to its widest level since 2022, confirming the global oil market is reacting to real supply disruption caused by the effective freeze of ...
Following military attacks on operating facilities, Qatar, the world’s second-largest LNG exporter, has ceased production, causing Europe’s benchmark natural gas prices to soar by approximately 70% ...
Rising LNG and oil prices would strain Egypt’s foreign reserves, widen fiscal deficits, pressure the currency, and potentially reignite inflation and social unrest.
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