Trump Administration Reopens Door to Offshore Oil Leasing in California
Federal regulators have officially reopened a door California politicians have spent years trying to weld shut. The Bureau of Ocean Energy Management on Thursday announced it will prepare a programmatic…
Cheniere’s Profit Soars by 64% in 2025 as LNG Demand Jumps
Cheniere Energy (NYSE: LNG), the biggest U.S. LNG exporter, booked a 64% surge in its net income for 2025 from a year earlier, as it produced and exported a record amount…
Aramco Starts Gas Production at Jafurah
Jafurah, the Middle East’s biggest unconventional gas field, recently began production, in a project designed to deliver up to two billion cubic feet per day (Bcfpd) of sales volume by…
Full EU Ban on Russian Oil Shipping Services Requires Global G7 Approval
The European Union has to coordinate its plans to impose a full ban on maritime services for Russian crude oil with the G7 group of the world’s most advanced economies,…
Moscow Brands EU Leaders “Madmen” Over Oil Ban
Russia is not amused. Moscow on Thursday blasted the European Union’s plan to permanently ban Russian oil imports, with Foreign Ministry spokeswoman Maria Zakharova calling the proposal madness and suggesting…
Eni’s Oil and Gas Production Jumps 7% with Six New Projects
Eni’s oil and gas production rose by 7% in the fourth quarter from a year earlier as the Italian energy major started up six major new projects in 2025. Fourth-quarter…
Angola’s State Oil Firm Looks to Tap into Critical Minerals
Sonangol is seeking stakes and footprints in the development of critical minerals domestically, Sebastiao Gaspar Martins, the chief executive of Angola’s state-held oil company, has said. Sonangol on Wednesday reported…
