Platts Cuts Out Russian-Linked Fuel From Price Benchmarks
Platts just redefined European oil pricing, and it did it with a single line: Russian-crude-derived fuels are out. Beginning Dec. 15 for cargoes and Jan. 2 for barges, any diesel…
Oversupply Warning Jolts India’s Solar Buildout
India’s solar sector has hit that awkward stage of adolescence where ambition seems to be outpacing demand. And now the adults in the room are issuing critical warnings. A new…
Indian ONGC Set to Keep Stake in Russia’s Sakhalin-1 Oil Project
India’s Oil and Natural Gas Corporation Limited (ONGC) is moving to keep its 20% stake in the Sakhalin-1 oil project in Russia after the Kremlin allowed the Indian state-run company…
Sanctioned Russian LNG Plant Ships to China
A Russian liquefied natural gas export facility delivered its first shipment to China since being sanctioned by the US in January, the latest sign of increased energy cooperation between Beijing…
Oil Could be Significantly Impacted by USA-VEN Tensions
Friday December 05, 2025 – Benchmark crude oil prices could be impacted significantly by escalating military tensions between the U.S. and Venezuela, Rystad warned.
China’s Independent Refiners Boost Crude Buying After New Import Quotas
Helped by the newly-issued crude import quotas, China’s independent refiners are buying sanctioned Iranian crude again and raising their processing rates, making room for Iran’s oil to move out of…
Heavy Crude Prices Could Surge as U.S.-Venezuela Tensions Escalate
A loss of Venezuelan oil production in case of a U.S. military intervention will materially impact global benchmark prices as the market will have to replace Venezuela’s heavy crude—the bulk…
Cargill and Uzbekneftegaz Ink Deal to Boost Central Asian Energy Security
Uzbekistan’s state oil and gas firm Uzbekneftegaz has signed a cooperation agreement with U.S. corporation Cargill, under which the parties will look to attract up to $5 billion in energy…
Equinor Makes Two Large Gas Discoveries in Norway’s North Sea
Equinor announced on Friday two gas and condensate discoveries in the Norwegian part of the North Sea in its largest discoveries so far this year that can be developed through…
India Braces for a Steel Export Slump as Europe’s Carbon Tariff Takes Hold
A carbon tax on imports that kicks in next month for the European Union will lead to a slump in Indian exports of steel to the bloc, forcing producers to…
