The EU Must Spend More to Counter Climate Change
The European Union needs to spend more to move away from hydrocarbons because Europe is the fastest-warming continent, the bloc’s climate advisory body has warned. The increased frequency of extreme…
Citi Sees Oil Prices Falling to $60 if Trump Secures Iran and Russia Deals
According to Citi analysts, geopolitics will continue to provide support for oil prices in the immediate term, but they may later come under pressure if President Trump’s attempts to clinch…
Australian Energy Major Wins Greenwashing Court Case
Australia’s Santos has won a court case that was brought against it five years ago by environmentalists, alleging that the company misled its shareholders about its net-zero intentions. A federal…
Analyst Says Bearish Gas Risks Growing
EBW Analytics Group Energy Analyst Eli Rubin warned, in an EBW report sent to Rigzone on Tuesday, that “bearish” medium-term NYMEX gas risks are “growing into the Spring”. “The long…
EIA Still Sees USA Oil Output Falling Next Year
The U.S. Energy Information Administration (EIA) is forecasting that total U.S. crude oil production, including lease condensate, will drop from 2026 to 2027 in its latest short term energy outlook…
Germany’s Mukran LNG Terminal Reopens After Frozen Baltic Is Cleared
Operations at the Mukran LNG terminal in Germany’s Baltic Sea have resumed following successful icebreaking operations to clear a navigable channel. The facility had been temporarily disrupted by heavy sea…
