Suffocating U.S. & Western Pressure May Finally Force Russian Oil Output Cuts: Bousso

Russian oil producers could be forced to sharply cut output in coming months as tightening pressure from U.S. President Donald Trump and European powers restricts the country’s exports and its…

Saudi Oil Exports to China Set to Soar as the Kingdom Slashes Prices

Near-term demand for Saudi Arabia’s oil in China is soaring after the Kingdom early this month slashed its official selling prices (OSPs) for Asia to the lowest level versus regional…

European Gas Prices Slide as Mild Weather Tempers Supply Fears

Despite fast-depleting gas inventories, Europe’s benchmark natural gas prices plummeted by more than 5% early on Monday as forecasts of milder weather ahead and a plunge in the U.S. benchmark…

New Discovery Bolsters Equinor’s North Sea Production Future

Equinor and its partners have made an oil and gas discovery in a prospect near the Gullfaks field in the northern part of Norway’s North Sea, the Norwegian Offshore Directorate…

China Secures Record Russian Oil Imports as India Reduces Purchases

China’s oil imports from Russia are on track for all-time high of over 2 million barrels per day in February as India is withdrawing from Russian spot purchases and supply…

EBW Warned of Faltering Gas Demand Heading into Holiday Weekend

In a U.S. natural gas focused EBW Analytics Group report sent to Rigzone by the EBW team on Friday, Eli Rubin, an energy analyst at the company, warned of “faltering…

  • Coal
  • February 16, 2026
Wartsila Building Energy Storage in Support of Belgian Grid

Technology group Wärtsilä has been selected by Gramme Storage 1 to deliver a 50-MW/100-MWh battery energy storage system (BESS) in central-eastern Belgium. The companies on February 16 said that the…

U.S. Forces Board Another Tanker in Expanding Venezuela Oil Crackdown

United States forces boarded a second oil tanker in a week in the Indian Ocean, claiming it was attempting to escape from what Washington has called a quarantine on tankers…

Iran Floats Joint Oil Investment With the U.S. Ahead of Nuclear Talks

Iran and the United States could invest jointly in oil and gas development as part of the new nuclear deal the two are currently negotiating, an official from Tehran’s foreign…