New Fortress Seeks to Push Debt Deadline as Restructuring Looms

By The New Fortress Energy liquefied natural gas terminal near the Port of San Juan in Puerto Nuevo, Puerto Rico. Photographer: Alejandro Granadillo/Bloomberg Get the Latest US Focused Energy News…

How One Oil Company Got a Head Start in Venezuela

The Trump administration wants the oil majors to rebuild the nation’s energy industry. Chevron has been on the ground there for decades. By With Venezuela President Nicolás Maduro in a…

TotalEnergies Lands Key Offshore Exploration Permit in Lebanon

TotalEnergies has signed an agreement with Lebanon to obtain an offshore exploration permit in the eastern Mediterranean next to a block where it has started exploration, the French oil and…

Oil Prices Rise as Protests in Iran Escalate

Oil prices rose early on Friday as protests in Iran continued to escalate, unnerving market participants that one of the biggest oil producers in the Middle East could see supply…

Russian Oil Production Dips as U.S. Sanctions Bite

Russia’s crude oil production dipped to 9.326 million barrels (bpd) in December, down by over 100,000 bpd from November and nearly 250,000 bpd lower than Moscow’s OPEC+ quota, sources familiar…

India’s Power Grid Faces Unprecedented Winter Surge

India saw a seasonal record power consumption in December, with peak demand surging very close to the summer levels, when electricity demand in the country is at its highest.  Chillier…

Venezuela Fuel Oil Flows to U.S. Pushes Asian Premium to 8-Month High

The prospect of increased Venezuelan heavy crude and fuel oil flows to the U.S. Gulf Coast has upended the high-sulfur fuel oil (HSFO) market as far as Asia.     The premium…

Venezuela’s Oil in Floating Storage Soars to 29 Million Barrels

The volume of Venezuelan oil in tankers at sea has jumped to over 29 million barrels following the U.S. blitz to extract Nicolas Maduro out of Venezuela, up from 20…

  • Gas
  • January 9, 2026
Shell backs high-pressure electrolysis for industrial hydrogen

UK-based renewable hydrogen technology company Supercritical Solutions has signed a non-exclusive collaboration agreement with Shell Global Solutions International as it advances its electrolyser technology towards pilot-scale demonstration. Announced on 8…

  • Gas
  • January 9, 2026
Vallourec partners with Geostock on hydrogen storage solutions

French pipe manufacturer Vallourec has signed a memorandum of understanding with underground energy storage specialist Geostock to jointly develop infrastructure solutions for hydrogen storage and carbon capture, utilisation and storage.…