Russia’s Pipeline Gas Exports to China Set for 25% Surge in 2025

Russia is expected to deliver 25% higher volumes of natural gas via pipeline to China this year, compared to 2024, an anonymous source with knowledge of the flows told Reuters…

U.S. Pauses Offshore Wind Leases over National Security Concerns

The U.S. Department of the Interior is pausing leases for five offshore wind projects, due to national security concerns, Secretary of the Interior, Doug Burgum, said on Monday. Due to…

Russia and China Unfazed by Sanctions in Booming LNG Trade

An LNG tanker has loaded fuel from a sanctioned Russian export project on the Baltic Sea, vessel-tracking data showed on Monday, as Russia and China are boosting their mutually beneficial…

Harbour Energy Enters U.S. Gulf with Strategic $3.2 Billion Acquisition

Harbour Energy has agreed to buy Louisiana-based privately-held LLOG Exploration Company for $3.2 billion in a strategic deal that will establish a foothold for the UK-based oil and gas producer…

Indonesia Tenders Eight New Oil and Gas Blocks to Boost Reserves

Oil and gas producer Indonesia has put up for tender eight new blocks to award to companies as Southeast Asia’s biggest economy looks to boost domestic hydrocarbon reserves and production.   …

Africa Needs $100 Billion in Refining Investment as Oil Demand Soars

Africa’s crude oil demand is set to more than double to 4.5 million barrels per day (bpd) by 2050, which will need more than $100 billion in investment in refining…

USA Pursuit of 3rd Oil Tanker Intensifies Venezuela Blockade

(Update) December 22, 2025, 2:20 PM GMT: Article updated with Venezuela announcing departure of Chevron shipment in fourth paragraph. The US Coast Guard’s pursuit of a third oil tanker off…

Trump admin ‘pauses’ leases for five offshore wind projects already under construction

The U.S. Dept. of the Interior has immediately paused the leases for all large-scale offshore wind projects under construction in the United States due to “national security risks identified by the…

US Seizes Vessel Off Venezuelan Coast, Officials Say

This would mark the second time in recent weeks that the United States has seized a tanker near Venezuela and comes amid a large U.S. military build-up in the region.…

PERSPECTIVE: Oil’s Geopolitical Premium Vanished in 2025 – And May Not Return

Ron Bouss (Reuters) – Global oil markets faced multiple black swan events in 2025 – including the Israel-Iran war and Ukrainian strikes on Russian refiners – yet they were barely fazed. This calm…