The knock-on industry impacts of high diesel prices
Energy Groups Urge Trump to Reject Fuel Export Restrictions
Middle East Oil Exports Rebound to 12.8 Million Bpd
Goldman Warns Diesel Export Ban Would Send Gasoline Prices Higher
Germany’s Gas Storage Sits at 57%, but VNG Says Winter Supply Is Covered
TotalEnergies Targets 3% Annual Oil and Gas Growth Through 2030
JA Expands C&I BESS Offering with DC-Coupled Hybrid Battery and Latest-Gen AC-Coupled Solution
Ellenbarrie commissions ASU for India steel producer
CleanMax Raises INR 2,500 Crore Through Green NCDs at 8.25%–8.76% Fixed Coupons
SWELECT Rolls Out 5 kW to 50 kW SWEES EN+ Hybrid Inverter Range for C&I Customers
Oil Prices Surge on Fresh Middle East Strikes and API Crude Draw
Oil prices spiked in early Asian trade on Wednesday, erasing a significant portion of Tuesday’s selloff on the back of renewed hostilities in the Middle East and a bullish U.S.…
New Zealand Awards First Offshore Oil License Since Ending Drilling Ban
New Zealand’s government has awarded the first offshore oil and gas exploration license after last year lifting a ban on drilling, put in place by the previous government that wanted…
ADNOC Defies Hormuz Risks as UAE LNG Exports Continue
The UAE is still exporting liquefied natural gas, despite the threat of strikes in the Strait of Hormuz. According to a Bloomberg report, an ADNOC LNG tanker appeared in the…
U.S.-Saudi Consortium Plans $5 Billion Gulf Refinery Outside Hormuz
A consortium of U.S. and Saudi companies is set to build a new refinery in the Persian Gulf despite the current situation in the region. The facility will have a…
Eni Increases 2026 Buybacks as Production Growth Accelerates
Eni (E:NYSE) is raising its share buyback program for the year after reporting on Wednesday consensus-beating earnings for the second quarter on the back of higher oil and gas prices…
Houthis Claim Attack on Saudi Oil Tanker in Red Sea
Yemen’s Houthis late on Tuesday claimed an attack on a Saudi oil tanker in the Red Sea, saying that the vessel had violated the blockade the Iran-aligned group announced last…
Iran Rejects Oman’s Proposal to Evenly Divide Hormuz Control
Iran has rejected a proposal from Oman to evenly share control of the lanes in the Strait of Hormuz, as Tehran demands it control most of the critical oil and…
UK Regulator Targets Data Center Land Grab on the Power Grid
Britain’s energy regulator, Ofgem, on Wednesday launched a consultation on a proposed commitment fee for data center projects as part of broad reforms to ensure network capacity is used for…
Luxfer agrees to acquisition by US investment firm Wynnchurch Capital
By 3 min ago 2 min read Materials engineering company Luxfer has entered into a definitive agreement to be acquired by affiliates of US investment firm Wynnchurch Capital in an…
Why Is Oil Rebounding?
In a market analysis sent to Rigzone on Wednesday, Naeem Aslam, CIO at Zaye Capital Markets, highlighted that Brent crude was trading near $87.81 per barrel, “up approximately 4.4 percent”.…
