Russia Captures Record Share of India’s Oil Market
Crude oil imports from Russia accounted for over 50% of India’s total import volumes last month. This was the highest share of Russian oil in India’s import mix, Reuters noted…
Oil Prices Head for 4% Weekly Gain as U.S.-Iran Deadlock Drags On
Crude oil prices were on course to add 4% this week, as the United States and Iran indicated they are no closer to a peace deal than they were at…
U.S. Backs X-Energy Reactor With Up to $2.15 Billion
Washington is putting real money behind advanced nuclear. The US Department of Energy is gearing up to hand X-energy another $1 billion for its planned nuclear project with Dow in…
Oil Shocks Could Accelerate EV Adoption, WoodMac Says
Oil supply disruptions, high fuel prices and faster battery innovation could give electric vehicle adoption a fresh push, with consequences for oil demand, power grids and metals markets, Wood Mackenzie…
Neogenyx to break ground on Nebraska RNG facility
By 56 min ago 2 min read Massachusetts-headquartered biofuels company Neogenyx Fuels (Neogenyx) and Nebraskan agribusiness Adams Land & Cattle (Adams) are set to break ground on a renewable natural…
US to Soon Unveil Unprecedented Sanctions on Iran
The US will soon announce unprecedented economic measures against Iran, Treasury Secretary Scott Bessent said, intensifying the Trump administration’s effort to force Tehran’s capitulation after almost six months of war.…
Argentina LNG applies to Rigi investment scheme for $51bn LNG project
By 41 min ago 2 min read Argentina LNG has submitted an application to join the country’s large investment incentive regime (Rigi) for the development of its $51bn LNG project.…
Ukraine Strikes Gazprom’s 200,000-Bpd Salavat Refinery in the Urals
Ukraine struck another major Russian refinery Thursday, hitting Gazprom’s Neftekhim Salavat complex in the Urals as Kyiv intensified attacks that have already forced Moscow to curb fuel exports and even…
Romania Shuts Down Last Nuclear Reactor As Danube Hits 90-Year Low
Romania on Thursday began shutting down its only remaining operating nuclear reactor as record-low water levels on the Danube have forced nuclear power shutdowns in central and eastern Europe in…
Decommissioning Spending in UK North Sea Hits Record High
Decommissioning remained a major activity across the UK North Sea in 2025, with industry spending hitting a record-high of £2.6 billion, or $3.5 billion, the North Sea industry regulator said…
