Norway’s Oil Export Earnings Surge 68% Amid Iran War
Norway’s crude oil export earnings surged 67.9% year-on-year in March to a record 57.4 billion kroner ($6.1 billion), primarily driven by soaring global energy prices following the outbreak of the…
BofA Flags Gas Price Surge but No Pullback in Discretionary Spend
The national average for 87-octane gasoline has remained above the politically sensitive $4-a-gallon level for two straight weeks after the largest monthly jump in AAA data going back two decades.…
Pakistan Army Chief in Tehran to Push Renewed Talks
Pakistan’s army chief landed in Tehran to a warm welcome from officials as he tries to help renew talks between the US and Iran after the two sides failed to…
Trump Threatens To Fire Powell If He Stays Beyond May
U.S. President Donald Trump has again threatened to fire Federal Reserve Chair Jerome Powell if he does not leave office when his term as chair ends in May. The Trump…
Mexico’s oil and gas sector needs certainty to drive investment, AMEXHI says
(WO) – The Mexican Association of Hydrocarbons Companies (AMEXHI) has expressed support for the federal government’s gas strategy aimed at strengthening energy sovereignty, while emphasizing the need for improved investment…
China Considers Cuts to Solar Equipment Exports to U.S.
China is tentatively considering whether to curb exports of solar manufacturing equipment to the United States in what could become another significant export restriction of a technology in which Chinese…
Maine Moves to Become First U.S. State to Ban New Data Centers
Lawmakers in Maine have approved a bill temporarily banning the construction of large data centers until November 2027 in a move that could make Maine the first U.S. state to…
World’s Top Oil Companies To Rake In Extra $234 Billion In War Profits
An analysis by The Guardian has revealed that the world’s largest Oil & Gas companies, as well as major oil producers such as Saudi Arabia and Russia, will make an…
South Korea Locks In 273 Million Barrels of Crude That Won’t Touch Hormuz
South Korea has secured 273 million barrels of Middle Eastern and Kazakh crude that will not need to transit the Strait of Hormuz—volumes that would sustain its economy for more…
Japan to Deploy $10 Billion to Help Southeast Asia Cope With Oil Shock
Japan is readying a $10-billion financial support package for Southeast Asian economies to help them procure crude oil amid the supply shock from the Middle East, Japanese news outlet NHK…
