Trump Officials Urge Oil Industry to Boost Output Amid War

Takeaways by Bloomberg AI Trump administration officials urged US oil producers to boost output amid a global supply shock caused by the war in Iran. The administration is grappling with the…

U.S.-Iran Deal Will Take Months, Gulf and European Officials Say

Leaders want the vital Strait of Hormuz opened immediately to restore energy flows Some Gulf Arab and European leaders believe that a U.S.-Iran peace deal will take about six months…

Oil Prices Could Remain Under Pressure

Oil prices could remain under pressure amid hopes of a diplomatic breakthrough in the Middle East, Paolo Broccardo, CEO at BankPro, said in a market analysis sent to Rigzone on…

China Moves to Expand Oil Stockpiles Against Global Supply Shocks

China is set to extend its oil stockpiling as part of efforts to insulate itself from any “emergency situation”, a senior official from Beijing’s central planning body said today. China…

China’s Nuclear Power Boom Is Accelerating Faster Than Expected

China plans to put into operation seven new nuclear reactors this year, boosting its already substantial fleet of nuclear generators, which is already the largest in the world. Ground has…

IMF Tells Europe Not to Repeat Its Costly Energy Crisis Mistakes

The European Union should not overdo fuel subsidies aimed at cushioning the oil shortage blow to businesses and consumers, the International Monetary Fund has warned, adding that some financial pain…

Middle East Oil Output May Take Two Years to Recover

The Middle Eastern producers may need up to two years to restore their oil and gas output to the levels from before the war, according to Fatih Birol, the executive…

  • Gas
  • April 17, 2026
Crowley’s LNG carrier marks first year of supply to Puerto Rico

By 41 min ago 2 min read Florida-based marine and energy company Crowley’s American Energy LNG carrier has shipped over two million cubic metres of US-sourced LNG to Puerto Rico…

  • Gas
  • April 17, 2026
Switzerland could cut gas imports by half with domestic biomethane, study finds

By 56 min ago 3 min read Up to half of Switzerland’s expected future gas demand could be met by domestic biomethane, according to a study led by the Paul…

CleanPeak Energy Acquires SEI To Expand Solar And Battery Portfolio Across Australia

Representational image. Credit: Canva CleanPeak Energy Holdings (CPEH) has announced that it has fully acquired Sustainable Energy Infrastructure (SEI), strengthening its position in Australia’s renewable energy market. SEI is known…