Guyana Fast-Tracks Gas Expansion as Oil Cash Piles Up

Guyana’s sights are set much higher than just being the new oil darling of the Western hemisphere. It wants to be the gas darling too.  That’s the frame coming out…

Santos to Axe 10 Pct of Workers after Decline in Annual Profit

Santos Ltd. is targeting a 10 percent headcount reduction after Australia’s second-biggest natural gas producer reported a slump in profit on lower oil and gas prices. The layoffs will include short-term…

France Fines Russia-Linked Oil Tanker Millions in Sanctions Crackdown

France has fined a Russia-linked oil tanker several million euros after detaining it for violating EU sanctions, marking one of the clearest physical enforcement actions yet against Moscow’s shadow fleet.…

Drone Strikes Force Russia to Reroute Massive Crude Oil Exports

As Ukrainian strikes on Russia’s refineries and the halt of Ukrainian shipments of Russian oil to central EU member states limit outlets of Russian crude, Moscow is boosting shipments via…