Trump claims Britain is on the brink of disaster citing immigration and energy issues
Donald Trump, the U.S. president, said that Britain is "on the verge of disaster" in an interview with GB News. He expressed concerns about the high energy prices and net zero…
Russia's exports of LNG for January-August are up 13.7% on an annual basis
The Arctic LNG 2 project has contributed to a 13.7% increase in Russia's liquefied gas exports in the first eight-month period of 2026. In the first eight month of this year…
Shell Acquires Stake in BP's Conifer Prospect in the Gulf of Mexico
Shell Offshore, a subsidiary of British oil and gas major Shell SHEL.L, said on Wednesday it would acquire a 30% stake in the BP-operated Conifer exploration prospect in the…
Norway seizes Russian vessel over Naftogaz Award, says the company
Norwegian authorities have taken possession of a Russian vessel on the request of Ukrainian Naftogaz to ensure that Russia meets its obligations. Naftogaz has been pursuing…
Sources say that Chevron, KEO, ENI, and Primavera will sign energy agreements in Venezuela very soon.
Two sources close to the preparations say that oil?producers Chevron & ENI, as well as investors KEO Capital and Primavera will sign energy 'agreements' in Venezuela by Wednesday.
Thailand invests in rooftop solar to protect against LNG price shocks
Akanat PROMPHAN, Thailand's Energy Minister, said that the country will assist 1 million households in installing 5 gigawatts of rooftop solar panels by year-end to protect…
Chevron doubles production in five years with $7 billion investment plan.
Chevron plans to invest a total of more than $7 billion in order to double the crude oil production from Venezuela, to 600,000 barrels per day, over the next five-year period.
Minister: Thailand supports rooftop solar to protect against LNG price spikes
Akanat Promphan, Thailand's Energy Minister, said on Wednesday that the country will assist the public in installing 5 gigawatts of rooftop solar panels by the end of the year.
Dealers say that India's imports of soyoil and palm oil reached a record high in August, as well as a six-month high.
Five dealers said that Indian refiners imported the largest amount of palm oil in six months and a record volume of soyoil during August to build stocks for 'the festival season.
Eneos' global ambitions are tested by the Japanese oil giant.
Eneos Holdings is a top Japanese refiner, with a large cash reserve and declining domestic demand. It's currently expanding its overseas footprint and testing its ability of…
BP appoints Ian Tyler, former CEO of Balfour Beatty as its new chairperson after Manifold is ousted
BP?has named Ian?Tyler as its permanent chair, after firing Albert Manifold, who held the position for less than a month, citing concerns about governance and conduct. BP announced that board member Amanda Blanc…
Tropical Storm Edouard reaches Gulf Coast near Texas and Louisiana
Tropical Storm Edouard, which churned from the Gulf of Mexico and sloshed to the shore near the Texas-Louisiana border Tuesday with sustained winds up to 60 miles per hour and unleashing soaking downpours.
Source: Venture Global informs Plaquemines Phase 2 buyers of LNG deliveries on time
?U.S. According to a source with direct knowledge, Venture Global told its customers at the Plaquemines Phase 2 Export Plant in Louisiana that they are on track to deliver contracted…
US officials defend Venezuelan oil deal and say that agreement is part of the path to democracy
Officials from the United States defended Washington’s deal on Tuesday to take an equity stake and run oilfields in Venezuela. They argued that the agreement was part of a process to help the U.S.
Comstock to reduce debt by selling a $1.65 billion Haynesville stake to Azerbaijani SOCAR
Comstock Resources announced on Tuesday that it will sell its Haynesville assets, including its midstream business, to Azerbaijani 'SOCAR' for $1.65bn in cash. The U.S. gas producer is aiming to reduce its debt.
Australia's new shale-basin Beetaloo delivers first gas
The first gas flowed from the Beetaloo Basin in Australia to Darwin, Tuesday. Developers hope that this will show a steady flow of gas and allow for the commercialisation of Australia's first shale-gas venture.
Sources say that Trump's oil agreement with Venezuela raises concerns for some major producers.
Sources familiar with the matter said that the unprecedented deal between the U.S. and Venezuela to gain access to a quarter of Venezuela's reserves and the role played by a…
Sources say that Trump's oil agreement with Venezuela raises concerns for some major producers.
Sources familiar with the situation said that the unprecedented deal between the U.S. and Venezuela to access a fifth of the country's oil reserves, and the role played by a Venezuelan businessman in this deal…
Officials: US company to take over Venezuela oilfields that were previously operated by Chinese and Russian firms
Two U.S. officials said that the U.S. company North American Blue Energy Partners will be taking over oilfields controlled by several Chinese firms and a Russian firm. They…
Colombian oil service firms move into Venezuela amid deal announcements, trade group says
Following the announcement of new exploration and production contracts and reactivation, Colombian oil service and goods firms are moving to Venezuela. This move coincides with…