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Iran demands diplomatic solution to peace after Trump rejects peace plan
I ran on Sunday and insisted that diplomacy is the only way to solve the conflict between Iran and the United States, and Israel after US President Donald Trump rejected an Iranian proposal for reopening the Strait of Hormuz. Abbas Araqchi, Iranian Foreign Minister, posted on Twitter…
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El Nino and record supply are affecting US natgas price this winter
Analysts said that US natural gas will be cheaper than last winter due to a strong El Nino climate pattern, which is expected to curb demand, and the?ample supply of gas, which keeps supplies balanced. Gas prices that are lower during the peak heating season of December to February…
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Glencore receives approval for the extension of Hunter Valley coal mining operations in Australia
Glencore won approval on Wednesday to continue operating its Hunter Valley thermal coal project in Australia until 2045 after a state government determined that the economic benefits outweighed any environmental impact. Environmentalists criticized the decision, saying it would worsen…
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ConocoPhillips considers selling its Norwegian business and UK Teesside assets
ConocoPhillips, a US oil and natural gas producer, said that it is considering a possible sale of its Norway operations and the Teesside assets in the UK after receiving an unsolicited bid. The company didn't disclose the identity or financial details of the buyer. ConocoPhillips…
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Early Saturday, Hurricane Isaias is forecast to strike the US Gulf Coast as Tropical Storm Isaias
The National Hurricane Center reported that Tropical Storm Isaias formed?in the Gulf of Mexico Wednesday. It is expected to intensify into a Hurricane before hitting the southern US coastline early Saturday morning. It is expected that the storm will pass through areas where there…
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ConocoPhillips considers selling its Norwegian business and UK Teesside assets
ConocoPhillips, a US oil and natural gas producer, said that it is considering a possible sale of its Norway operations and…
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Russell: The seaborne thermal coal markets in Asia are shrinking slowly.
In the next few years, the market for seaborne coal thermal is in a slow race as a slight decline in demand competes with?an…
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Spain, Portugal, and Luxembourg press for 2040 EU Renewable Energy Target
In a letter that was seen on Tuesday by, Spain, Portugal, and Luxembourg urged the European Union (EU) to set a target for…
Latest news
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Brazil's Petrobras could include Colombia gas project into 2027-2031 plan.
Petrobras, Brazil's state oil company, may include the Sirius offshore gas project in Colombia as part of its production…
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Argentina accuses UN ignoring the rising tensions in Falkland Islands
Argentina's president Javier Milei criticized Wednesday the United Nations for "looking the other way" during escalating…
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IGU Executive: Iran War has caused global gas prices to be tightened due to the prolonged Iran war
A top executive in the industry said that global gas markets will continue to 'pricing out' tight supplies despite the fact…
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First shuttle talks between the US and Iran in months bring hope for progress
The first shuttle talks between the United States of America and Iran in months raised hopes that the two adversaries might…
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Argentina's Milei speaks to the UN as tensions over Falkland Islands rise
Argentine President Javier Milei will speak to world leaders on Wednesday at the United Nations General Assembly, amid escalating…
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US judge dismisses Michigan climate lawsuit against oil companies
A US judge dismissed on Tuesday an antitrust suit in which Michigan accused four major oil firms of colluding to forestall…
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Qatar's UCC is in talks with Venezuelan oil and gas companies about possible entry into their areas, says executive
Erik Keskula said that the head of Upstream for UCC Oil and Gas Holding, a Qatari producer, is currently in negotiations…
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Qatar's UCC is in talks with Venezuelan oil and gas companies about possible entry into their areas, says executive
Erik Keskula said that the head of Upstream for UCC Oil and Gas Holding, a Qatari producer, is currently in negotiations…
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Qatar's UCC is in talks with Venezuelan oil and gas companies about possible entry into their areas, says executive
Erik Keskula said that the head of Upstream for UCC Oil and Gas Holding, a Qatari producer, is currently in negotiations…
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Qatar's UCC is in talks with Venezuelan oil and gas companies about possible entry into their areas, says executive
Erik Keskula said that the head of Upstream for UCC Oil and Gas Holding, a Qatari producer, is currently in negotiations…
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Iran demands diplomatic solution to peace after Trump rejects peace plan
I ran on Sunday, insisting that only diplomacy could solve the conflict between Iran and Israel and the United States after…
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Brazil's Petrobras could include Colombia gas project into 2027-2031 plan.
Petrobras, Brazil's state oil company, may include the Sirius offshore gas project in Colombia as part of its production…
Exploration
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Three chemical plants to be closed by Ineos due to high energy costs
Ineos, the company owned by Jim Ratcliffe, announced on Tuesday that it was halting production at three chemical plants located in Hull.
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Sources: Rodriguez will lead a Venezuelan delegation to the US to discuss energy and debt.
Two sources familiar with the preparations say that a Venezuelan delegation headed by interim president?Delcy Rod will be…
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Court rules that Glencore can sue refinery for $236 million in the UK
The London High Court ruled that commodities trader Glencore could sue the now insolvent Prax’s Lindsey Refinery for around…
Drilling
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Baker Hughes reports that US energy companies added rigs in the second week at their highest level since May 2024.
Baker Hughes, a provider of energy services, said in its Friday report that US energy companies added rigs this week for…
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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…
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ROI-Trump plan risks derailing Venezuela oil recovery: Bousso
The plan of President Donald Trump to gain direct U.S. entry to Venezuela's vast reserves of oil could end up derailing the…
