US Drillers Cut Oil and Gas Rigs for Second Week in a Row, Baker Hughes Says
Services Firms Feel the Squeeze as Oil Rally From Iran War Fails to Spur Drilling
Oil, Gas Exploration is Back: Energy Giants Hunt to Replenish Reserves
Spiking US Diesel Prices Keep Trucking Industry Stuck in Years-Long Slump
Russia’s Baltic Ports Burning Again as Ukraine Drone Campaign Enters Third Day
Asia Begins Pricing U.S. Oil Against Brent as Dubai Volatility Spikes
Execs Predict What Price WTI Oil Will Hit in Future
Cuba Looks to Vatican for Help to Ease US Oil Embargo, Washington Post Reports
Meta Funds Seven Gas Plants to Power Biggest Data Center
Bessent Says Hormuz Ships Insurance Program to Start Soon
Analyst Explains Friday’s Oil Price Rise
Crude is continuing to gap higher as the market still lacks clarity around the reopening of the Strait of Hormuz. That’s what Rebecca Babin, a senior equity trader for CIBC…
THE NEW ESG – For Energy, ESG Now Means Economics, Security and Geopolitics
The crude oil tanker Sanan in coastal waters off Iran. Takeaways by Bloomberg AI The US has switched from being an effective underwriter of global energy security to disrupter, with President…
Daily Ship Traffic in Strait of Hormuz Plummets From 138 to Just 2
Vessel traffic through the Strait of Hormuz has dropped from an average of 138 ships a day to just two in the 24 hours to Thursday, the Joint Maritime Information…
HSFO Prices Jump 40% as War Chokes Key Singapore Bunkering Hub
The price of fuel oil has surged this week as the stalled tanker traffic at the Strait of Hormuz is tightening supplies of the fuel in Asia, the key bunkering…
IMF: Oil Price Shock Tests Global Economic Resilience
The surge in oil and LNG prices as a result of the Middle East war is testing the resilience of the global economy once again, IMF Managing Director Kristalina Georgieva…
Europe-Bound LNG Cargoes Divert to Asia as War Upends Gas Market
A growing number of LNG cargoes that were initially en route to Europe have sharply diverted in the Atlantic toward Asia via the Cape of Good Hope as Asian buyers…
Nigeria Needs $23 Billion To Electrify 143,000 Communities, Says REA
The government of Nigeria has revealed that about $23 billion will be needed to provide reliable electricity to communities that still lack proper power access across the country. The estimate…
