TRUMP ON GAS PRICES: Americans Should Expect to Pay More ‘For a Little While’

(Reuters) – U.S. President Donald Trump told reporters that Americans should expect to pay higher gas prices “for a little while.” Get the Latest US Focused Energy News Delivered to…

“Time for Action”: Kimmeridge Releases Letter to the Future Board of Devon Energy

NEW YORK, April 28, 2026 /PRNewswire/ — Kimmeridge, a private investment firm focused on the energy sector, today released an open letter to the future Board of Devon Energy ahead…

  • Gas
  • April 28, 2026
LNG impacts from UAE leaving Opec and scale of Gulf supply shock revealed

By 18 hours ago 3 min read The UAE has announced it will leave the Opec and Opec+ group of major oil producing nations on 1 May after nearly 60…

  • Gas
  • April 28, 2026
LNG impacts from UAE leaving Opec and scale of Gulf supply shock revealed

By 3 hours ago 3 min read The UAE has announced it will leave the Opec and Opec+ group of major oil producing nations on 1 May after nearly 60…

  • Gas
  • April 28, 2026
LNG impacts from UAE leaving Opec and scale of Gulf supply shock revealed

By 4 min ago 2 min read The UAE has announced it will leave the Opec and Opec+ group of major oil producing nations after nearly 60 years of membership.…

BP Profit More Than Doubles as War-Driven Oil Trading Surges

BP (NYSE: BP) more than doubled its profit for the first quarter from a year earlier as oil prices jumped and oil trading boomed amid the war in the Middle…

Brent Tops $111 as Analysts Raise Forecasts on Hormuz Stalemate

Oil prices extended gains in Asian trade on Tuesday, with Brent Crude topping $111 per barrel, as the Strait of Hormuz remains inaccessible for more than eight weeks and the…

Eni and Repsol Bet Big on Post-Maduro Venezuela

Italy’s Eni and Spain’s Repsol, two of the largest European energy companies, plan to increase natural gas production from their jointly owned Cardon IV gas field in Venezuela. Currently, output…

Iranian Tankers Pile Up Outside Hormuz as U.S. Blockade Tightens

At least six Iranian tankers laden with oil are loitering in a cluster near the port of Chabahar in Iran, outside the Strait of Hormuz but just inside the U.S.…

UAE Quits OPEC and OPEC+ as Hormuz Crisis Drags On

The United Arab Emirates is leaving OPEC and OPEC+, effective May 1, the country’s state news agency WAM confirmed Tuesday, ending nearly six decades of membership and stripping the cartel…