Asia's Crude Imports Hit Highest Level Since the Iran War Began
Asia is set to import the highest volumes of crude oil in September since February this year, when the Iran war started, crippled supply from …
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PTTEP and Valeura reach FID on Bussabong gas project phase one
Thailand’s PTT Exploration and Production (PTTEP) and its partner Valeura Energy have agreed to proceed with the Phase 1 of gas development at the Bussabong …
Read Full ArticleOil Set for Longest Losing Streak Since August 2025
Oil prices fell in Asian trading on Wednesday and were on course for a sixth consecutive day of declines as the first U.S.-Iran talks in …
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Shell finalises $840m sale of Gulf of Mexico platform interests
Shell, via its subsidiary Shell Offshore, has finalised the sale of its 50% non-operated working stake in the Na Kika platform and related fields, as …
Read Full Article$100 Brent Keeping China's Oil Buying in Check, Goldman Says
China's crude oil exports will rise only slightly in the fourth quarter from the third quarter if oil prices remain high, potentially easing the upward …
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EIL secures $450m EPCM role for Dangote’s refinery in Kenya
Engineers India (EIL) has secured a contract exceeding $450m to act as project management and engineering, procurement, construction management (EPCM) consultant for Dangote Group’s planned …
Read Full ArticleMichigan Judge Tosses State's Antitrust Suit Against Big Oil
A district judge in Grand Rapids has dismissed a lawsuit brought against several oil supermajors that accused the companies of conspiring to interfere with competition …
Read Full ArticleSouth Korea Aims to Cut Middle East Crude Reliance to 50% by 2035
South Korea will try to cut its reliance on Middle East crude imports to 50% by 2035, Reuters has reported, citing the country’s industry ministry. …
Read Full ArticleTrump Backs Diesel Export Ban as Prices Hit Record Highs
President Trump has declared his support for a potential ban on diesel fuel exports amid record-breaking prices at the pump. “I've said let's not send …
Read Full ArticleWashington Needs This LNG Deal More Than Beijing Does
Xi Jinping arrives in Washington September 24, prepared to discuss reviving a $6 billion-a-year trade in US liquefied natural gas, contingent on lifting a 15% …
Read Full ArticleTrump Proposes $5 Billion Fund to Rebuild Gulf Energy Infrastructure
U.S. President Donald Trump has proposed a fund to finance infrastructure rebuilding damaged in the war with Iran, offering $5 billion in U.S. money for …
Read Full ArticleIs China’s Secret Power Advantage About To Trigger An 89% Crash In U.S. AI Stock
The current focus of the world’s governments, business and media when it comes to artificial intelligence (AI) is on the dangers it poses to jobs, …
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