Oil Demand Slumped by 614,000 Bpd in December on U.S. Decline

Global oil demand fell by 614,000 barrels per day (bpd) in December compared to November 2025, and plunged by 536,000 bpd from December 2024, driven by lower U.S. demand, the…

ERC Hosts EGATi Delegation to Strengthen Philippine-Thailand Energy Cooperation

Representational image. Credit: Canva The Energy Regulatory Commission (ERC), led by Chairperson and CEO Atty. Francis Saturnino C. Juan, welcomed delegates from the Electricity Generating Authority of Thailand International Company…

Saudi Oil Catches Up as India Buyers Navigate Russia Sanctions

India is set to import the most crude from Saudi Arabia in more than six years this month, as the South Asian nation faces sustained US pressure to reduce purchases…

Cenovus Energy Q4 Earnings Skyrocket on Record Production

Cenovus Energy on Thursday reported a surge in fourth-quarter net earnings from a year earlier as its upstream production rose by 5% on the year to hit a record high. …

US Distillate Fuel Demand Rose in Latest Week to Four-Year High Last Week, EIA Says

(Reuters) – U.S. product supplied of distillate fuel oil, a measure of demand for diesel and heating oil, rose in the previous week to 4.75 million barrels per day (bpd),…

Denison granted licence for Wheeler River

The Canadian Nuclear Safety Commission (CNSC) released the decision of its administrative tribunal approving the Environmental Assessment (EA) and issuing the Licence to Prepare Site & Construct a Mine and…

Copenhagen Atomics secures thorium supply from Norway

Copenhagen Atomics is developing a containerised molten salt reactor. Moderated with unpressurised heavy water, the reactor consumes nuclear waste while breeding new fuel from thorium. Small enough to allow for…