Russia Doubles Dark Fleet to Ship LNG to Asia
In just nine months, Russia has doubled the number of opaque-owned vessels that it uses to ship liquefied natural gas from its sanctioned Arctic LNG 2 export project, a Bloomberg…
U.S. Energy Storage Capacity Installations Hit Record High in Q2
The U.S. installed a record-high energy storage capacity in the second quarter of the year as grid operators and utilities turned to storage to boost grid reliability and meet rising…
Asia Spot LNG Prices Hit 5-Month High as Hormuz Blockage Drags On
Spot LNG prices in Asia jumped on Tuesday to the highest level since the 2026 winter, as buyers compete for spot cargoes amid the still-stalled LNG traffic through the Strait…
U.S. Oil Deal Pushes China and Russia Out of Venezuelan Fields
A U.S. oil company controlled by a Venezuelan business tycoon will replace Chinese and Russian operators of several Venezuelan oil fields, Reuters has reported, citing two unnamed U.S. officials. North…
Europe’s Wind Power Buildout Jumps 30% in First Half
New wind power capacity in Europe reached 8.8 GW in the first half of the year, up about 30% from a year earlier, according to WindEurope data cited by Reuters.…
Price, Not Politics, Is Driving Most of India’s Oil Buying
India’s imports of spot crude cargoes from producers such as the United States and Venezuela are being driven by the prevailing cargo and oil prices, the top executive of India’s…
Ukrainian Drone Barrage Sets Key Russian Oil Port Ablaze
A massive Ukrainian drone attack at Russia’s Ust-Luga oil export terminal in the Baltic Sea has sparked a fire at the site as Ukraine continues to target Russian refineries and…
Solar Overtakes Coal as China’s Largest Power Source
Solar power has just become the single largest electricity capacity source in China, toppling coal in a landmark achievement of the Chinese renewable energy rollout. Solar power capacity in China…
Two Supertankers Hit by Unknown Projectiles in Strait of Hormuz
Two oil supertankers have been hit by unknown projectiles while transiting the Strait of Hormuz outbound from the Persian Gulf, maritime risk management firm Marisks said on Tuesday, as tensions…
What Is the Oil, Gas Impact of Storm Edouard?
What is the oil and gas impact of the Gulf’s Tropical Storm Edouard? Well, according to Earth Science Associates’ (ESA) GOMsmart platform, the answer to that question is – minimal.…
