$5 Billion Pipeline Deal Could Be Coming to the Gulf Coast

Texas-based EnCap Flatrock Midstream is considering a sale of gas pipeline operator Momentum Midstream in a deal that could fetch $5 billion. According to a Bloomberg report citing unnamed sources,…

Iran Rushes to Ship Oil Ahead of Possible U.S. Strike

Iran has tripled the rate of loading tankers in recent days as Tehran rushes to get its oil out of the Gulf ahead of potential further escalation of the tensions…

Russia to Tighten Budget Fiscal Rule as Oil and Gas Revenues Plunge

The Russian government is considering lowering the oil price level above which it sends the proceeds to its wealth fund as the Kremlin’s oil and gas revenues are plummeting with…

Trump Summons Amazon, Google, Meta to Sign Power-Cost Pledge

Bloomberg News President Donald Trump is convening technology executives at the White House next week to sign pledges committing their companies to foot the electricity bill for energy-hungry data centres. Get the Latest US Focused…

Saudi Arabia Boosting Oil Output In Anticipation of U.S. Attacks On Iran

Saudi Arabia has started to increase its oil output as part of a contingency plan in the event the United States attacks Iran and oil flows are disrupted, Reuters reported…

Iran Restarts Gas Exports to Iraq as Energy Pressures Mount

Iran has restarted the exports of natural gas to its neighbor Iraq despite U.S. opposition to the exchange, which last year led to the cancellation of these supplies. The daily…