TotalEnergies Pushes Deeper Into Namibia’s Offshore Oil Boom

TotalEnergies is expanding its exploration portfolio offshore Namibia with acreage north of a block where a major oil discovery has been made, as the supermajor looks to boost activity in…

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,…