U.S. Oil Dominance Keeps Growing Despite Lower Prices
While much of the world spent 2025 debating peak oil, the United States was busy setting another production record. New data from the U.S. Energy Information Administration showed that U.S.…
Indonesia and Singapore explore CCS and green industry potential
By 12 min ago 2 min read Indonesia is in discussions with Singapore to develop green electricity exports and industrial estates, and pursue carbon capture and storage (CCS) opportunities. Both…
Indonesia Receives First Russian Crude Shipment Under April Supply Deal
Indonesia has recently welcomed the first cargo of Russian crude oil under a deal Southeast Asia’s biggest economy struck with Moscow in April. About 770,000 barrels of Russian crude oil…
BP Weighs North Sea Exit Under New CEO
BP has started to simplify its portfolio and cut costs, and will make fewer but better choices in which projects to invest, chief executive Meg O’Neill said on Thursday. “We…
IEA chief urges EU to revisit Arctic oil and gas drilling ban
(Bloomberg) – International Energy Agency Executive Director Fatih Birol pressed the European Union to revisit its moratorium on drilling for oil and gas in the Arctic, challenging the bloc’s long-held…
Ukraine Hits Two Russian Fuel Tankers as Moscow’s Fuel Crisis Deepens
Ukraine hit two fuel tankers overnight offshore Russia’s southern coast in an expanding campaign to deepen the fuel crisis in Russia. The two tankers were hit in Taganrog Bay, the…
Pakistan Rushes to Buy Emergency LNG After Qatar Cargo Is Canceled
Pakistan is forced to turn to the spot LNG market once again after the re-escalation in the Strait of Hormuz has canceled a cargo from Qatar. State-controlled Pakistan LNG has…
Escalation Continues as U.S. and Iran Face Off Over Hormuz
The United States is prepared for a continued exchange of fire with Iran over the Strait of Hormuz and Tehran’s attacks on commercial vessels in the chokepoint, U.S. officials have…
EU Eyes 2040 Electrification Target to Slash Oil and Gas Dependence
The European Commission is set to unveil next week an electrification target for 2040 in a bid to reduce the need for fossil fuels and strengthen the renewable energy sector…
Nuada deploys capture facility to advance Europe’s biogenic CO2 market
By 39 min ago 4 min read UK-based carbon capture company Nuada has partnered with French energy infrastructure group IDEX to deploy one of Europe’s first industrial-scale biogenic carbon dioxide…
