Shell Fourth Quarter 2025 Update Note

The following is an update to the fourth quarter 2025 outlook and gives an overview of our current expectations for the fourth quarter. Outlooks presented may vary from the actual…

China Says US Seizure of Foreign Vessels Violates International Law

(Reuters) – The U.S. move to seize foreign vessels in international waters seriously violates international law, the Chinese foreign ministry said on Thursday. “China has always opposed illegal unilateral sanctions…

Shell Sticks to LNG Output Outlook, Warns of Chemicals Loss

(Reuters) – Shell narrowed its projected range for fourth-quarter liquefied natural gas production but kept it within previous guidance, it said in a trading update on Thursday, as it warned…

US, China Can Balance Roles in Venezuela, US Energy Chief Says

(Reuters) – U.S. Energy Secretary Chris Wright said there was room to balance roles for both the United States and China in Venezuela to allow for commerce but that Washington…

Saudi SABIC to Sell European Chemicals Business for $950 Million

Saudi Basic Industries Corporation (SABIC) has signed two separate agreements to sell its European petrochemicals business and the engineering thermoplastics business in the Americas and Europe, for a total of…

Norway’s Oil Future Hinges on Urgent Exploration and New Investment

Despite the best exploration results in four years in 2025, Norway will need even more exploration and discoveries, as well as investment in new oil and gas projects, to reverse…

Major Exchange Shift Extends European Natural Gas Trading Hours

Intercontinental Exchange Inc (ICE) is extending Europe’s natural gas and power trading to 22 hours a day, in a major shift in the European energy markets aimed to align power…

Galp and Moeve Combine Downstream Operations in Major Iberian Deal

Portugal’s energy giant Galp and the owners of Spanish refiner Moeve have agreed to advance discussions on a potential merger of their downstream portfolios to create two separate major Iberian…

Oil Rises as Market Focuses on Venezuela and US Sanctions Plans

Summary Brent and WTI benchmarks firm US crude stocks fell last week while fuel stocks rose, says EIA Two Venezuela-linked oil tankers seized by US in Atlantic Ocean (Reuters) –…

US Seizes Russian-Flagged Tanker, Another Tied to Venezuela as Trump Widens Oil Push

A U.S. Coast Guard official looks through binoculars at the ship Marinera (Ex-Bella 1) in this handout image released January 7, 2026. US EUROPEAN COMMAND via X/Handout via REUTERS Summary…