India Seeks $30 Billion From Reliance and BP in Long-Running Gas Dispute
The Indian government is demanding over $30 billion in compensation from Reliance Industries and BP for their failure to produce contracted gas volumes from two offshore fields, Reuters reported today,…
Oil Stuck in Tug of War
Oil is stuck in a tug of war, Naeem Aslam, Chief Market Analyst at Zaye Capital Markets, said in a comment sent to Rigzone on Monday. “Geopolitics are adding short…
Nigeria Bets on Long-Delayed Gas Pipeline to Ignite an Industrial Boom
Nigeria’s state oil and gas company is planning to jumpstart an industrial boom in the north of the country thanks to a much-delayed gas pipeline, Reuters has reported, citing the…
Oil Prices Edge Higher as Energy Strikes Darken Russia-Ukraine Peace Hopes
Oil prices climbed in early Asian trading on Monday, as Russia attacked a key heating plant in Kherson and Ukraine targeted a Russian oil refinery. The strikes dampened hopes of…
Texas Launches $350 Million Nuclear Energy Initiative
Texas Governor Greg Abbott has congratulated the Texas Legislature for passing House Bill 14, saying it will help revolutionize Texas’ energy sector and cement the state’s role in leading a…
Precious Metals Rally Extends As Safe Haven Demand Surges
The safe-haven trade in precious metals is showing little sign of cooling, with gold, silver, and platinum extending gains into Friday’s session. Gold futures climbed ~1.6% to trade above the…
Ukraine Claims Fresh Strike on Rosneft Refinery in Samara
Ukraine said it attacked the Syzran oil refinery in Russia’s southern Samara region overnight for the second time this month, causing a fire at the site. The extent of the…
Turkey Eyes Major Energy Breakthroughs In 2026
Turkey anticipates major energy breakthroughs in the coming year, including the launch of the first reactor at its Akkuyu Nuclear Power Plant alongside increased domestic natural gas production and continued…
China’s Solar Rebound Signals Discipline, Not Another Boom
China’s solar installations jumped to a six-month high in November, with developers adding roughly 22 gigawatts of new capacity, according to data released by the National Energy Administration. That’s even…
US, Russia Allegedly Discuss Nuclear Plant Crypto Mining
Russian media claimed on Friday that the Trump administration held talks with Russia over joint management of Ukraine’s Zaporizhzhia Nuclear Power Plant, including the potential to use its power for…
