USA Natural Gas Extends Decline
US natural gas dropped for a second session on the outlook for warmer temperatures across large parts of the country, which is likely to trim demand for the fuel used…
Japan’s Mitsui Nears Deal to Buy Stake in Huge Qatar LNG Project
Japan’s trading company Mitsui & Co is in an advanced stage of talks with QatarEnergy to buy a minority stake in one of Qatar’s mega expansion projects, anonymous sources with…
Ørsted Targets Dividend Comeback After Two Brutal Years
Ørsted targets to reinstate dividends for the financial year 2026, the world’s largest offshore wind developer said on Friday, signaling it may have turned a corner from the worst of…
Oil Tankers Wait Offshore as Russia Redirects Barrels to China
Tankers carrying a total of up to 12 million barrels of crude oil are either en route or close to China in East Asian waters, waiting for buyers in the…
India’s Imports of Russian Oil Dropped Sharply in December
Russian oil exports to India fell to less than 25% of the country’s total imports in December, from 34% in November, hitting the lowest in 38 months, The Hindu reported,…
Oil Markets Waver as Iran Prepares for Prolonged Nuclear Negotiations
Ahead of the U.S.-Iran nuclear talks on Friday, Tehran signaled that the negotiations will likely be a long process, dashing hopes of a quick and more sustainable de-escalation of tensions…
India Resumes Venezuelan Crude Purchases After U.S. Opens Market
India’s largest private refiner, Reliance Industries, is buying Venezuelan crude again, securing the first Indian purchase of oil from the world’s top reserves holder since the U.S. took control of…
