Libya’s Largest Oilfield Hit by New Armed Group Blockade
Oil Tumbles 3% as Iran Floats Hormuz Reopening Within a Week
“We’re Living On An Oil Market Credit Card”: Analyst Sounds Alarm
UK Gas Prices Force Ineos to Idle Three Chemical Plants
Generate Capital sells anaerobic digestion business to UK and US platforms
Revcoo to capture up to 8,000 tonnes of CO2 at Belgian zinc plant
FortisBC moves ahead with 2.5mtpa Tilbury LNG expansion with EA approval
Montauk Renewables opens $200m US agricultural biogas facility
India’s Oil Import Bill Jumps 48% as Crude Prices Soar
US Crude, Gasoline Stocks Rise, Distillate Inventories Fall, EIA Says
(Reuters) – HOUSTON, Dec 3 – U.S. crude and gasoline stocks rose while distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 574,000…
Technical Glitch Allowed Some Traders to Access US Oil Market Data Earlier Than Others
(Reuters) – The U.S. Energy Information Administration published its weekly petroleum status report more than half an hour later than expected on Wednesday due to technical issues, although some traders…
Cuba Plunges Into Darkness After Electrical Grid Failure
For the fifth time this year, Cuba suffered a massive power outage after a partial collapse of the electrical grid early on Wednesday. The capital city of Havana and many…
China’s Oil Demand to Remain Weak Until At Least Mid-2026
China’s oil demand will likely stay tepid for months ahead, at least until the middle of 2026, according to private refiner Hengli Petrochemical. “It’s difficult to find a very bright…
Global Supply Woes Push Copper Past $11,400 Per Ton
Soaring copper orders from South Korea and Taiwan led to the biggest rise in requests for withdrawals from London Metal Exchange warehouses since 2013, pushing copper prices to a new…
Saudi Arabia Starts Natural Gas Production at Giant Jafurah Project
Saudi Arabia has launched production at the giant Jafurah natural gas field, the largest non-associated gas development in the Kingdom, which is key to the Saudi goal to significantly boost…
Hungary Challenges EU’s Phase-Out of Russian Energy Imports
Hungary on Wednesday vowed to challenge the EU’s decision to phase out imports of Russian oil and gas at the Court of Justice of the European Union, claiming it is…
Indian Energy Exchange Records 11,409 MU Electricity Traded In November 2025, Up 17.7% YoY, While REC Trading Hits 4.74 Lakh Certificates
Representational image. Credit: Canva Indian Energy Exchange (IEX), India’s leading electricity exchange, reported a monthly electricity traded volume of 11,409 million units (MU) in November 2025, excluding TRAS, reflecting a…
Oil Rises as Moscow Peace Talks Fail to Reach Breakthrough
(Reuters) – Oil prices climbed more than 1% on Wednesday after Russia said talks with U.S. officials in Moscow failed to reach a compromise on a potential Ukraine peace deal…
China’s Petrochemicals Surge Raises Global Oversupply Fears
A buildout in new petrochemical capacity in China is fueling fears that the country could tip the global market into oversupply, hurting smaller petrochemical producers. Bloomberg reported today that China’s…
