PDVSA Faces Pricing Pressure as Tanker Seizure Disrupts Crude Flows
Venezuela’s state oil company PDVSA is facing wider crude discounts, stuck cargoes, and growing pressure from buyers to rewrite trading terms after the United States seized a tanker carrying Venezuelan…
EU to Scrap Combustion Engine Ban
The European Union is set to propose softening emissions rules for new cars, scrapping an effective ban on combustion engines following months of pressure from the automotive industry. The proposal…
Russia’s Crude Price Slips to Lowest since Ukraine Invasion
The price of Russia’s crude has tumbled over the past three months to its lowest level since Russia invaded Ukraine in early 2022, weighed down by intensified U.S. sanctions and…
Shell Renews Efforts to Sell Stake in Rosneft-Held German Refinery
Shell has restarted a process to sell its minority 37.5% stake in the Schwedt refinery in Germany, whose majority shareholder is now-sanctioned Russian state oil giant Rosneft, Reuters reported on…
Pakistan and Russia Discuss Oil Cooperation Deal
Pakistan and Russia are discussing a potential cooperation agreement in the oil sector, including in exploration, production, and refining, Pakistani Finance Minister Muhammad Aurangzeb told Russian news agency RIA on…
Global Solar Power Expansion to Dip for the First Time Ever in 2026
Amid major policy shifts, next year will see the first-ever decline in annual solar power capacity installations, following the weakest growth in seven years in 2025, according to BNEF’s Global…
Kimmeridge Bids $6 Billion to Buy U.S. Gas Producer Ascent Resources
U.S. energy investor Kimmeridge has offered to buy natural gas producer Ascent Resources for $6 billion amid a heated battle over plans of the gas driller’s private equity backer to…
TotalEnergies Secures 21-Year Deal to Power Google Data Centers in Malaysia
French oil and gas supermajor TotalEnergies is expanding its cooperation with Google and its footprint in long-term power purchase agreements after signing a 21-year PPA to provide renewable energy to…
Alfa Laval introduces cryogenic LNG fuel module
Swedish manufacturing firm Alfa Laval has launched a new fuel-conditioning module that uses cryogenic technology to prepare liquefied natural gas (LNG) for use in marine engines. The LNG fuel-conditioning module…
Atlas V rocket launch delivered with cryogenic gases and more
United Launch Alliance’s (ULA) Atlas V rocket has successfully lifted off, carrying another batch of satellites for Amazon’s Project Kuiper low Earth orbit broadband constellation. The launch relied on large…
