Ukraine Strikes Gazprom's 200,000-Bpd Salavat Refinery in the Urals
Ukraine struck another major Russian refinery Thursday, hitting Gazprom's Neftekhim Salavat complex in the Urals as Kyiv intensified attacks that have already forced Moscow to …
Read Full ArticleHormuz Stalemate Raises Risk of $120 Oil
For months now, traders and market analysts have had to weigh two opposing scenarios for oil prices—the ongoing war and severely disrupted oil flows at …
Read Full ArticleRomania Shuts Down Last Nuclear Reactor As Danube Hits 90-Year Low
Romania on Thursday began shutting down its only remaining operating nuclear reactor as record-low water levels on the Danube have forced nuclear power shutdowns in …
Read Full ArticleAmerica’s Authoritarian Adversaries Are Forging a New Power Bloc
The world's leading autocracies -- China, Russia, Iran, and North Korea -- are increasingly drawing on one another's resources, military capabilities, and geopolitical leverage to …
Read Full ArticleDecommissioning Spending in UK North Sea Hits Record High
Decommissioning remained a major activity across the UK North Sea in 2025, with industry spending hitting a record-high of £2.6 billion, or $3.5 billion, the …
Read Full Article
Golar LNG signs $2.5bn agreement for fourth floating LNG vessel
Golar LNG has signed an EPC agreement with Yantai CIMC Raffles Offshore for the it's fourth FLNG production vessel, at a total budget of around …
Read Full ArticleIndia Eyes Two New Sites to Expand Strategic Oil Reserves
State-controlled Indian Strategic Petroleum Reserves Ltd (ISPRL) is finalizing feasibility studies for two new strategic petroleum reserves facilities as the world’s third-largest crude oil importer …
Read Full ArticleAlaska LNG Pipeline Bill Dies in Legislature, Governor Fires Back
A bill about the construction of a pipeline for liquefied natural gas has failed to secure sufficient votes in the state’s legislature, prompting a sharp …
Read Full ArticleHigh Oil Prices Deliver a Windfall for China’s Coal-to-Chemicals Industry
China’s biggest coal-to-chemicals producer reported record profits for the first half, raking in the equivalent of $1.4 billion as crude oil prices soared internationally, strengthening …
Read Full Article
SK Shipping to acquire H-Line LNG ships and long-term contracts
SK Shipping aims to become Asia’s largest operator of LNG carriers by acquiring vessels and contracts from H-Line Shipping in a deal announced by Hahn …
Read Full Article
Bernhard closes acquisition of natural gas utility NMGC from Emera
Bernhard Capital Partners has completed its acquisition of New Mexico Gas Company (NMGC) from Emera in a transaction valued at approximately $1.25bn.
Read Full ArticleNew Zealand Approves New Oil and Gas Production as Energy Security Concerns Grow
New Zealand’s petroleum and mining regulator has granted a 10-year petroleum mining permit in the onshore Taranaki region as the country looks to boost natural …
Read Full Article