High Costs, Low Prices Threaten to Stall Argentina’s Shale Ambitions
Argentina’s prized shale basin Vaca Muerta, once hailed as the key to transforming the country into a global energy exporter, is now facing a period of stagnation and uncertainty. Lower…
Chevron Works to Restart Units at LA Refinery after Fire
Chevron’s El Segundo refinery in California is producing fuels at reduced rates following last week’s massive fire, the supermajor said on Tuesday, adding it is working to restart units that…
Alberta Seeks Federal Backing for New Oil Pipeline
Alberta Premier Danielle Smith is negotiating with the federal government and Prime Minister Mark Carney on the newly proposed oil pipeline from the oil-producing province to the West Coast. Smith…
EU Plans to Sanction Providers of False Flags to Russia’s Shadow Fleet
The EU plans to impose sanctions on three companies that have provided false flags to tankers of the Russian shadow fleet, Bloomberg reported on Tuesday, citing documents it has reviewed. …
Ukraine Looks to Boost Gas Imports by 30% After Russian Attacks
Ukraine has discussed with G7 countries additional natural gas imports as it seeks to boost imports by 30% to offset the damage from Russian strikes on its gas infrastructure, Ukrainian…
BMI Believes OPEC+ Will Remain Responsive to Price Shifts
Tuesday October 07, 2025 – ‘We believe that the group will remain responsive to shifts in the oil price, tempering supply growth if necessary to prop up Brent’, BMI analysts…
Rotterdam biofuels cancellation costs Shell $600m
Shell is to write down $600m from the cancellation of its biofuels plant in Rotterdam, according to a third quarter outlook update. A Dutch subsidiary it would not resume construction…
Hanwha Ocean completes ship-to-ship LNG transfer
South Korea’s Hanwha Ocean has completed what it claims is the world’s first ship-to-ship transfer of liquefied natural gas between vessels under sea trials. It is being presented as a…
Kazakhstan to Raise Crude Oil Supply to Germany in 2026
Kazakhstan will boost its crude oil exports to Germany next year after Kazakh national oil and gas company KazMunayGas extended a supply deal with Rosneft Deutschland, which has been under…
Shell’s Q3 Profit Soars on Strong Trading and Production
Strong gas trading, higher upstream production and liquefaction volumes, and increased refining margins are expected to boost Shell’s third-quarter earnings, the supermajor said in a trading update on Tuesday. Shell…
