India’s Oil Import Dependence Climbs to Nearly 89% as Domestic Output Lags

India is growing more dependent on imports of crude oil, with the total share of imports in its oil consumption reaching 88.6% over the first ten months of its current…

Woodside Warns LNG Glut Fears May Be Overstated

Woodside Energy, Australia’s biggest LNG producer, on Tuesday warned that expectations of a major disruptive glut should not be taken at face value, as demand will remain strong and not…

Oil Prices Hover Near Seven-Month Highs on US-Iran Tensions

Summary Both crude benchmarks hover near seven-month highs US-Iran tensions key market driver in near term, analysts say US tariff situation creating market uncertainty (Reuters) – Oil prices hovered near…

US and China Hold the Keys to Containing a Mideast Oil Shock

(Reuters) – A serious military confrontation between the U.S. and Iran could trigger a major disruption in Middle East oil supplies. The vast oil reserves the U.S. and China hold could prove…

New Cross-Border U.S. Pipeline Proposal Could Revive Idle Keystone XL Assets: Analysts

The line from Canada to Wyoming could potentially piggyback off pipe laid for the cancelled project Get the Latest US Focused Energy News Delivered to You! It’s FREE: A major…

GameChange Energy Technologies Acquires eBOS Division From Terrasmart, Expanding Fully Integrated Module-To-Grid Solar Solutions

GameChange Energy Technologies, a global infrastructure firm delivering module-to-grid energy solutions, has announced the acquisition of the Electrical Balance of Systems (eBOS) division from Terrasmart, a unit of Gibraltar Industries.…

Diamondback Says Oil Glut Fears Are Fading as Demand Holds Strong

The risk of global oil oversupply is diminishing thanks to demand resilience, Diamondback Energy said in a letter to shareholders authored by the company’s chief executive ahead of the company’s…