Russia’s Oil Exports Face Delays as Tankers Take 70% Longer Route

Oil tankers carrying Russian oil appear to be avoiding the fastest Black Sea route to the Turkish straits and travel along the Georgian and Turkish coasts to avoid drone attacks…

Trump Vowed Energy Dominance. Here’s How He’s Doing

By Oil production hit another record this year, climbing above 13.8 million barrels a day in September. Photographer: Robyn Beck/AFP/Getty Images Get the Latest US Focused Energy News Delivered to…

Asia’s Imports of US Energy Drop in 2025 Despite Trump Trade Moves: Russell

Asia’s imports of U.S. crude oil, coal and liquefied natural gas are on track to decline this year despite President Donald Trump’s efforts to boost shipments as part of his…

Japan’s JAPEX Buys US Tight Oil and Gas Assets in $1.3 Billion Deal

The Japanese energy firm has been seeking to become an operator of a U.S. oil and gas exploration and production (E&P) project as it now prioritises oil and gas investment…

Japanese Company Buys U.S. Shale Assets for $1.3 Billion

Japan’s JAPEX has struck a deal to buy shale oil and gas asset owner Verdad Resources Intermediate Holdings for $1.3 billion, Reuters has reported, adding the company will finance the…

Vår Energi Commits $15 Billion to New Norway Offshore Projects

Vår Energi plans to invest around $15 billion in a score of new tieback projects offshore Norway, aiming to keep its oil and gas production at over 350,000 barrels per…

China’s Gasoline Exports Plummeted 51.7% in November

China’s exports of refined petroleum products last month booked a 2.2% decline on the year to 5.12 million tons, which was an increase on October, by 13.3%. Exports of refined…

  • Gas
  • December 18, 2025
Chlor-alkali firm starts California plant expansion to market by-product hydrogen

US-based K2 Pure Solutions has started expanding its Californian chlor-alkali site with plans to sell by-product hydrogen in the state. The company said its existing plant in Pittsburg would be…

Oil Prices Steady as Market Assesses Reports of Possible US Sanctions on Russia, Venezuela Blockade

Summary US prepares more Russian energy sanctions if Moscow rejects peace deal, Bloomberg reports Venezuela’s PDVSA resumes loading after cyberattack, most exports on hold Trump announced blockade of tankers under…

EIA Sees 2.2 Million Barrel Per Day Glut in 2025

World petroleum and other liquid fuels production will outweigh consumption by 2.24 million barrels per day in 2025. That’s according to the U.S. Energy Information Administration’s (EIA) latest short term…