Pakistan asks Qatar to defer LNG cargoes on weaker demand
The Pakistan government is to ask QatarEnergy to defer on LNG cargoes as it forecasts a supply surplus until 2031 which will cost it $5.64bn, according to local media reports.…
India Refiners to Curb Russian Buys
Refiners in India, among the largest buyers of Russian crude, are planning to trim their purchases in the coming weeks, a modest concession to Washington’s hawks less than a day…
Oil Jumps 2% on Fed Easing Signals, Ukraine Drone Strikes
Crude prices moved higher in early Monday trade, with macro tailwinds from a more dovish U.S. Federal Reserve and fresh supply jitters after Ukrainian drone attacks on Russian energy infrastructure.…
Kazakhstan Insists Oil Majors Pay $4.4 Billion Fine Despite Court Win
Kazakhstan insists that the international oil majors pay a hefty $4.4 billion fine for sulfur pollution despite a court win for Big Oil earlier this month. At the beginning of…
China Accelerates Coal Plant Commissioning to 9-Year High
Despite record solar and wind capacity additions and booming renewable energy output, China is not giving up on coal, on the contrary. During the first half of 2025, China commissioned…
Northern Lights Project Achieves Major Carbon Storage Milestone
The Northern Lights carbon capture and storage project (CCS) has stored the first volumes of carbon dioxide offshore western Norway, the three oil and gas majors leading the project said…
New Permian Pipeline Project Addresses Growing Gas Demand
ONEOK, Inc., MPLX LP, Whitewater, and Enbridge Inc. announced a new natural gas pipeline project to transport gas from the Permian Basin to the U.S. Gulf Coast. The Eiger Express…
Ørsted Shares Plummet After U.S. Offshore Wind Project Halted
Shares in Ørsted tumbled to their lowest level on record on Monday as investor concerns about the world’s biggest offshore wind project developer grew following a stop-work order on a…
Equinor Uncovers New Oil and Gas in North Sea
Equinor has discovered additional oil and gas resources near the huge operating Troll field in the North Sea, the Norwegian energy major said on Monday. The discovery, 9 km (5.6…
China’s Coal Imports Set to Climb This Month
China’s thermal coal imports are set for a substantial rise this month, reaching 25.63 million tons, which would be the highest monthly increase since last December, Kpler reported, as cited…
