Oil Retreats as Investor Focus Returns to Ukraine Peace Talks
Summary Witkoff visit helped resolve misunderstandings, Russia says US seizes sanctioned oil tanker off Venezuela coast IEA trims its 2026 market surplus forecast (Reuters) – Oil prices eased on Thursday…
US Seizes Sanctioned Oil Tanker Off Coast of Venezuela, Trump Says
Summary Move is first known tanker seizure since US build-up began Signals new effort to go after Venezuela’s main revenue source Impact on global oil supply unclear (Reuters) – The…
Russia-China Gas Pipeline Could Take 10 Years to Build
The construction of the second Power of Siberia gas pipeline from Russia to Northern China could take up to 10 years because it involves “tremendous work, jobs and negotiations,” the…
Oil Tanker Rates Skyrocket 467%
The supertanker market has tightened this year as crude supply from OPEC+ and the Americas rises and vessels make increasingly longer trips. So much has the market tightened that several…
Federal judge says Trump’s offshore wind blockade is illegal
A federal judge has vacated President Donald Trump’s executive memorandum, lifting the pause on federal permitting for wind energy projects in a ruling on a lawsuit brought by over a dozen…
Oil Price Did Not Shift on Fed Cut
In a market update sent to Rigzone by the Rystad Energy team late Wednesday, Rystad highlighted that the price of oil “[did] not shift… on the Fed’s cut”. Rystad pointed…
Gulf Capital Shifts From Fossil Fuels To Global Climate Finance With Major Renewable Investments
A new investment approach is emerging from the Gulf, one that seeks to reposition regional capital not just as a source of fossil fuel wealth, but as a major player…
HESCOM Invites Bids For 108 MW Solar Projects Under PM-KUSUM In Karnataka
Representational image. Credit: Canva Hubballi Electricity Supply Company (HESCOM) has invited bids for the development of 108 MW of grid-connected solar projects under the Pradhan Mantri Kisan Urja Suraksha evam…
Petrobras Workers Announce Nationwide Strike
Workers at Brazil’s Oil & Gas giant Petróleo Brasileiro S.A. (NYSE:PBR), aka Petrobras, have announced a nationwide strike starting December 15, terming the company’s latest counteroffer for a labor agreement…
India’s Russian Oil Imports Are Set to Hit a Six-Month High
Indian refiners are on track to buy the most Russian crude in six months this December, despite U.S. sanctions on Russia’s top two exporters that went into effect in late…


IRAN’S “CROWN JEWEL” – US Attacks Iran’s Key Export Hub, Kharg Island, Trump Says
Sabah Unveils New Renewable Energy Framework To Boost Clean Power Investment In Malaysia
Actis Sells Peru Power Generation Platform Orygen to Grupo Romero
GE Vernova And Hitachi Explore Small Modular Reactor Deployment Across Southeast Asia
South Africa Marks 300 Days Without Loadshedding As Eskom Stabilizes Power Supply
Eskom And City Of Ekurhuleni Reach R3.4 Billion Debt Settlement To Secure Power Supply
Crude Futures Turn Positive on Continued Hormuz Closure
Hormuz Crisis Forces Massive Saudi Oil Shut-In
California Hit By Much Higher Oil Prices as Iran War Stresses Refiners
CHARTED: The Energy Mix of the World’s 10 Largest Economies – Visual Capitalist









