Analyst Highlights Focus of IEW Event
Focus at the London International Energy Week (IEW) last week was the balancing of geopolitics versus assessed surplus of oil globally in 2026. That’s what Skandinaviska Enskilda Banken AB (SEB) Chief…
Enbridge Books Record-High Core Earnings for 2025
Canadian pipeline giant Enbridge reported record-high core earnings for 2025 and consensus-beating earnings for the fourth quarter amid growing demand for oil and gas egress from production centers to consumption…
Azule Energy makes 500-MMbbl offshore oil discovery in Angola Block 15/06
(Bloomberg) – The Eni/bp venture Azule Energy and its partners have discovered an offshore well that may hold 500 million barrels of crude, a potential boost to Angola’s efforts to…
India Explores Gas Power Boost to Stabilize Grid During Peak Hours
India considers boosting the run rates of its gas-fired power plants during evening peak hours to support the grid amid the surge in renewable power generation, India’s Power Secretary Pankaj…
Venezuela Oil Revenue Projected to Hit $5 Billion Under U.S. Control
Venezuela’s oil sales, under the control of the United States for five weeks now, are set to bring $5 billion over the next few months, U.S. Energy Secretary Chris Wright…
India’s Top Private Refiner Gets U.S. License to Buy Venezuelan Oil
India’s largest private refiner, Reliance Industries, has been authorized by the United States to buy, export, and sell Venezuelan crude oil, Reuters reported on Friday, citing sources with knowledge of…
Indian Scrapyards Welcome Growing Number of Dark Fleet Tankers
At least three vessels sanctioned by the United States have arrived in recent weeks at the demolition hub of Alang on India’s west coast, following a record 15 dark fleet…
