LyondellBasell Targets $1.3 Billion in Cost Savings After Surprise Quarterly Loss
(Reuters) – Petrochemicals maker LyondellBasell on Friday posted a surprise loss for the fourth quarter and said it aims to save $1.3 billion by the end of 2026, as it…
Exxon Beats Wall Street Q4 Target as Permian, Guyana Fields Take Output to 40-Year High
Summary Exxon Mobil reports Q4 adjusted EPS $1.71 vs estimate of $1.68 Exxon achieves highest annual upstream production in 40+ years Exxon plans $20 billion share buyback through 2026 HOUSTON,…
Freeport LNG in Texas to Take in More Gas After Thursday Shutdown, LSEG Data Shows
Summary Freeport LNG shutdown impacts global gas prices US gas futures rise, European prices fall on Freeport news Freeport’s Train 3 shut due to compressor issue No comment from Freeport…
Chevron Beats Q4 Profit Estimate, Eyes Venezuela Investment Opportunities
Summary Chevron evaluates investment opportunities in Venezuela amid geopolitical changes Q4 profits exceed estimates despite lower crude prices, focus on cost-cutting Tengiz maintenance and weather impact Q1 production, expected to…
China’s LNG Imports Rise for a Third Straight Month
The recovery in China’s imports of liquefied natural gas is expected to extend for another month in January, Kpler has reported, for a total of three consecutive months of higher…
Venezuela Rewrites Its Oil Law to Attract Foreign Investment
Venezuelan legislators have voted for an updated oil industry law that the country’s leadership hopes will bring in much-needed foreign investment to reverse a decline resulting from mismanagement and U.S.…
Britain’s Octopus Energy Takes a Big Bet on China’s Clean Power Markets
The UK’s largest energy supplier, Octopus Energy, is entering the Chinese market with a joint venture to trade renewable power in the world’s top clean energy market. Octopus Energy announced…
Chevron Beats Profit Estimates as It Commits to Venezuela
Chevron Corporation (NYSE: CVX) reported on Friday consensus-beating earnings for the fourth quarter as it pledged to boost presence in Venezuela, where it is currently the only U.S. company authorized…
Odds-On for USA to Strike Iran Before June
Prediction markets now put the probability of the U.S. striking Iran before June this year at 71 percent. That’s what Erik Meyersson, Chief EM Strategist at Skandinaviska Enskilda Banken AB (SEB),…


India Emphasizes That Shipping Chaos, Not Supply, Is Driving High Oil Prices
China Halts Fuel Exports Until Further Notice
Three Tankers Struck by Unknown Projectiles in Strait of Hormuz
India’s Power Shortages Jump to Three-Year High
Xanadu and Bluefors to advance cryogenic cooling prototype for data centres
How the majors are navigating the helium supply squeeze
H2 View – October 2026: Storage and distribution
Pakistan Weighs Direct LNG Imports for Power Plants to Ease Energy Crisis
Taiwan Allocates $13 Billion to Shield Consumers From High Energy Costs
Indian Refiners Seek Tankers for Hormuz Oil








