Chinese Oil Giants Return to Russian Crude After U.S. Sanctions Waiver

Chinese state oil giants are back scouring the market for Russian crude, four months after halting purchases due to the U.S. sanctions on Rosneft and Lukoil, as China aims to…

Airlines Push Back Against EU Synthetic Green Fuel Rules

The biggest airlines in Europe are seeking weaker EU rules on synthetic sustainable aviation fuel (SAF) amid very high costs and scarce supply of the fuel on the market, sources…

LG to Supply Tesla With US$4.3 Billion of Batteries

By Hyonhee Shin An LG Energy Solution Co. battery cell for electric vehicle displayed at the InterBattery exhibition in Seoul, South Korea, on March 17, 2022. Photo by SeongJoon Cho/Bloomberg…

US Natural Gas Rallies With Oil on Lingering Mideast Fears

By Fort St. Vrain Generating Station in Platteville, Colorado. Photographer: Chet Strange/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: US natural gas futures rose along…

Iran War Spurs a Surge in Stock Sales From US Shale Companies

By Oil drilling rigs near Stanton, Texas. Photographer: Justin Hamel/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: Stock sales by US-listed oil and gas producers…

Iraq Negotiates with Iran to Reopen Vital Oil Shipping Route

The federal Iraqi government is in contact with Iran to persuade Tehran to allow some Iraqi oil tankers to pass through the Strait of Hormuz, Iraq’s Oil Minister Hayyan Abdul…

Oil Price Shock Forces India’s Top Refiners to Suspend Fuel Credit

India’s state-controlled refiners and retailers are requesting advance payments for the fuel they are supplying to fuel stations as the Middle East war chokes supply to the world’s third-largest crude…

UAE Halts Shah Gas Field After Iranian Drone Attack

The United Arab Emirates has suspended operations at a key natural gas field in Abu Dhabi following the first direct attack on a producing field in the UAE as Iran…