India’s Oil Imports Set for Record High in January
India is on track to import record-high volumes of crude oil and condensate in January as refiners boost non-Russian purchases to replace barrels lost to U.S. sanctions, energy flow tracking…
Shell and BP Seek U.S. Licenses for Shared Venezuela-Trinidad Gas Fields
UK-based supermajors Shell and BP are seeking U.S. licenses to develop gas fields that Trinidad and Tobago shares with Venezuela, the Caribbean island’s Energy Minister Roodal Moonilal said on Wednesday.…
Kazakhstan Seeks U.S. Approval to Buy Lukoil’s Kazakh Assets
Kazakhstan has filed a formal bid with the U.S. Treasury seeking authorization to buy out the Kazakh assets of Russia’s sanctioned oil firm Lukoil, Kazakhstan’s Energy Minister Yerlan Akkenzhenov said…
India Is Still Waiting for Cheaper LNG
India needs liquefied natural gas prices in Asia to nearly halve in order to significantly raise LNG imports and consumption, the top executive of the biggest Indian LNG importer said…
China’s Electric Truck Boom Begins to Threaten LNG’s Role in Heavy Transport
Electric truck sales are booming in China, displacing not only petroleum product demand but also threatening to begin eroding LNG demand for heavy-duty transportation. Chinese electric truck sales soared to…
Australia and Timor-Leste Push to Fast-Track Giant Offshore Gas Project
Australia and Timor-Leste call for the Greater Sunrise offshore gas project to be developed as soon as possible, the two countries said in a joint declaration on Wednesday, as Australia…
Kazakhstan Says Tengiz Oil Field Will Resume Normal Output Within Days
The offshore Tengiz oil field should return to usual production rates within a week, Kazakhstan’s energy minister said today, as quoted by Reuters. The Tengiz field stopped pumping oil earlier…
China Added 543 Gigawatts in New Power Capacity in 2025
China built a total of 543 GW in new power generation capacity last year, which was more than any other country, with coal and wind capacity at record high, government…
