U.S. Strikes Iran Targets Near Hormuz With No Accord in Sight

By Jennifer A. Dlouhy and Courtney McBride The U.S. struck Iranian military targets for the second time this week and Kuwait said it responded to missile and drone threats, highlighting…

American Energy Snapshot: The Anatomy of a $4 Billion Lease Sale

By Last week, something big happened in the U.S. oil and gas industry. In southeastern New Mexico, the federal government held the largest onshore oil and natural gas lease sale…

US and Iran Reach Deal But Need Trump’s Final Approval, Axios Reports

(Reuters) – The U.S. and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Iran’s nuclear program, but President Donald…

US Crude, Fuel Inventories Fell Last Week, EIA Says

(Reuters) – U.S. crude, gasoline and distillate stockpiles fell last week, the Energy Information Administration said on Thursday, as demand jumped. Crude inventories fell by 3.3 million barrels to 441.7…

Uniper Sees Gas Shortage in Winter If Storage Rates Don’t Speed Up

Energy giant Uniper warns that Germany could face natural gas shortages in the winter if it doesn’t accelerate the rate of filling gas storage sites. Uniper’s chief executive Michael Lewis…

US Natgas Prices at Waha Remain Negative but Rise to 16-Week High as Pipeline Constraints Ease 

U.S. spot natural gas prices for Thursday at the Waha Hub in West Texas rose to their highest since early February – while remaining in negative territory – as demand…

TotalEnergies Plans $5.2 Billion Offshore Wind Project in Normandy

TotalEnergies has applied for authorization of France’s biggest renewables project, a 1.5-GW offshore wind project off Normandy, which is estimated to cost $5.2 billion, the French supermajor said on Thursday.…

Malaysia Boosts Domestic Gas Use as Power Demand Hits Record Highs

A major heatwave and soaring data center electricity consumption are driving Malaysia’s power demand to record highs, pushing the world’s fifth-largest LNG exporter to increase domestic gas use for power…

Suriname Wants Two Wins From One Block: Gas Is Done, Oil Could Follow

Suriname’s offshore Block 52, which has already yielded a major gas discovery, could be declared commercial for oil within the next year and a half, Annand Jagesar, managing director of…

India’s Energy Investment Set for Record $170 Billion in 2026

Energy investment in India is set to reach a record high of $170 billion this year, driven by spending on solar installations and expansion of oil refining capacity, the International…