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
US establishes Nuclear Energy Launch Pad
The Nuclear Energy Launch Pad is intended to build on the Department of Energy (DOE) Reactor Pilot Program – which has 11 projects accepted and a target for three reactors to…
GBE-N granted licence to generate electricity
Gaining such a licence, Great British Energy – Nuclear (GBE-N) said, represents “a landmark moment” in its mission to deliver Europe’s first small modular reactors (SMRs). “Acquiring a generation licence…
Rook I uranium project gets construction approval
The Canadian Nuclear Safety Commission (CNSC) decision to issue the Licence to Prepare Site and Construct the proposed uranium mine and mill came 14 business days after the conclusion of…
Oil Tanker Hit By Blast Near Kuwait, Major Leak Reported
An oil tanker anchored off Kuwait reported late on Wednesday a large explosion and a subsequent leak from a cargo tank, the United Kingdom Maritime Trade Operations (UKMTO), a Royal…
Energy Dominance Won’t Stop US Fuel Costs Pushing Higher
By The Iran war may be happening on the other side of the world, but US consumers are already starting to see the effects. Get the Latest US Focused Energy…
More Tankers Come Under Attack as US-Iran Conflict Spreads in the Region
(Reuters) – More tankers came under attack in Gulf waters on Thursday as the U.S.–Iran war escalated, and Iranian drones entered Azerbaijan, threatening to spread the crisis to more oil…
Asia’s Refining Margins Soar to 4-Year High as Hormuz Chokes Crude Supply
Disrupted crude flows from the Middle East to Asia due to the de facto closure of the Strait of Hormuz has pushed Asian refining margins to the highest in four…
Japanese Refiners Urge Government to Release Strategic Oil Reserves
Japan’s oil refiners, which source about 95% of their crude supply from the Middle East, are calling on the Japanese government to tap the strategic petroleum reserves to ensure smooth…
LNG Shipping Rates Soar 650% to $300,000 Per Day
The global LNG shipping market has turned sharply higher in recent days, with charter rates for modern LNG carriers surging from roughly $40,000 last week to around $300,000 per day…
