Israel-Egypt Nat Gas Deal ‘Purely Commercial,’ Says Cairo
Israel’s agreement to supply Egypt with 130 billion cubic meters of natural gas worth $35 billion through 2040 has been approved after pressure from Washington, with Egypt emphasizing the deal…
UK Sanctions Smaller Russian Oil Producers
The UK government imposed sanctions on three smaller Russian oil producers, as a US-brokered peace deal between Moscow and Kyiv remains elusive. Tatneft PJSC, Russneft PJSC and NNK PJSC were…
How BP’s New Boss Became the Most Powerful Woman in Fossil Fuels
By and Meg O’Neill’s rapid rise to the top of one of the world’s biggest fossil-fuel companies has been unencumbered by doubt. At a moment when oil executives are still…
Can Trump Succeed in Foiling the US Wind Industry He Loathes?
By and US President Donald Trump hates wind power. His administration has made a concerted effort to thwart the industry. Trump issued a directive within hours of his return to…
Prices in Biggest US Power Grid Auction Hit New Record, Signaling Higher Utility Bills Ahead
By Capacity prices in PJM hit fresh record high PJM’s supply shortfall affects 13-state region, raising power bills Governors push for extended price limits Dec 17 (Reuters) – Power bills…
Energy Transfer Announces Suspension of Development of Lake Charles LNG
DALLAS–(BUSINESS WIRE)–Energy Transfer LP (NYSE:ET) announced today that it is suspending development of the Lake Charles LNG project in order to focus on allocating capital to its significant backlog of natural…
West Africa Oil Faces Crisis as Global Surplus Builds
Millions of barrels of Nigerian and Angolan crude remain unsold in the December and January loading programs, as they struggle to compete with ample supply and cheaper cargoes, traders and…
Trump Media announces merger with fusion firm TAE Technologies
Under the terms of the merger agreement, TAE and Trump Media & Technology Group (TMTG) shareholders will each own about 50% of the combined company – which will be one…
Ethiopia and Russia hold talks over potential nuclear power project
According to Russia’s state nuclear corporation Rosatom, “the parties discussed a comprehensive range of issues related to the construction of a large-scale nuclear power plant in Ethiopia featuring Russian design”.…
Pre-feasibility study launched for Estonian SMR plant
The study will analyse the technical, financial, legal, and market aspects of deploying advanced small modular reactor (SMR) technology in Estonia, supporting Fermi Energia’s ongoing national designated spatial planning process.…


Hormuz Crisis Sparks Urgent Call to Boost UK Gas Storage
Iraq To Restore Kirkuk-Turkey Pipeline as Iran War Chokes Off Exports
Middle East War Revives Interest in Alaska LNG
EU Considers Naval Action to Reopen Vital Strait of Hormuz
Pakistan Oil Tanker Transits Hormuz
Kent wins engineering and design contract for Prinos CO2 storage project
COMMENTARY: US is Quickly Exhausting Tools to Absorb Iran War Oil Shock – Ron Bousso
Trump Adviser Says Iran ‘Terror Premium’ Inflated Oil Prices for Decades
Japan Taps Emergency Oil Reserves
Fujairah Suspends Oil Loadings After Another Attack








