US Squeeze on Venezuela Oil Won’t Create Global Crunch: Bousso

The United States’ tightening grip on Venezuela’s oil exports could strangle the country’s crude output and cut off President Nicolas Maduro’s main economic lifeline, but it will have limited impact…

Oil Prices Stable as Venezuelan Supply Disruptions Balance Surplus Concerns

Summary Brent, WTI steady after 4% losses last week Venezuelan oil exports down sharply since US seizure of a tanker Surplus outlook and potential Ukraine peace deal weigh (Reuters) –…

US Demands EU Exempt its Gas from Methane Emissions Law, Document Shows

The U.S. has demanded that the European Union exempt its oil and gas from obligations under the bloc’s methane emissions law on fuel imports until 2035, a U.S. government document…

Oil Tanker Rates to Stay Strong into 2026 as Sanctions Remove Ships for Hire

The cost of shipping oil is likely to remain high in the first half of 2026 as the global fleet ages and a rising number of vessels are hit with…

Tokyo Gas to Steer More Than Half of Overseas Investments to US in Next 3 years, CEO says

“North America is our top priority in our overseas strategy,” Sasayama told Reuters in an interview last week, citing both rising U.S. domestic gas demand – driven by surging power…

China’s Coal and Gas Power Faces Its First Annual Decline in a Decade

Coal- and gas-fired power generation in China is on course for an annual decline for the first time since 2015, unless demand surges this month. Over the first 11 months…

Arctic Ice Halts LNG Ship at Novatek’s Sanctioned Arctic Project

Advancing ice has prevented an LNG carrier from loading a cargo at Novatek’s Arctic LNG 2 plant, Bloomberg reported today, citing ship-tracking data. The Buran, an Arc4 ice-class vessel that…

Refinery Runs Rise Sharply in China Despite Seasonal Maintenance

Chinese refiners processed 39% more crude oil last month, with the total at 60.83 million tons, or 14.86 million barrels daily, official data cited by Reuters showed. The November daily…

Korea Power Exchange To Announce Winners Of Major 540 MW Energy Storage Auction In February 2026

Representational image. Credit: Canva South Korea is preparing to announce the winners of a major energy storage auction in February next year, as part of the country’s efforts to strengthen…

Ellomay Capital Secures FER X Tender for 20 MW Solar Project in Northern Italy

Representational image. Credit: Canva Ellomay Capital Ltd., an Israel-based renewable energy developer listed on the NYSE American and Tel Aviv Stock Exchange, has secured a tariff award under Italy’s Transitional…