Market-moving news and intelligence across global energy markets.
The EU failed to endorse its 21st sanctions package against Russia, risking the effectiveness of its oil revenue restriction tools amid unresolved disputes
The UAE reported an 80% surge in June crude production to OPEC, leveraging its recent exit and innovative Strait of Hormuz navigation amid regional tension
Asia's LNG imports are set to reach a six-month high in July, driven by strong demand from China, Japan, and South Korea, diverting critical cargoes from E
Global oil prices jumped over 9% to a one-month high after the US announced a naval blockade of Iran's coastline, reigniting Strait of Hormuz supply fears.
Future oil bull markets hinge on China's confirmed purchases and global Strategic Petroleum Reserve rebuilding, alongside persistent Strait of Hormuz risks
Singapore's Energy Transition Acceleration Finance (ETAF) partnership has achieved its first close, securing US$250 million to boost Asia's low-carbon shif
The IEA projects a 3.7 million bpd drop in global oil supply for 2026, driven by Middle East conflict impacts and tight product markets, despite a partial
GTT wins a major contract for the world's largest floating LNG vessel, Delfin FLNG 1, and expands its strategic role in Africa's burgeoning LNG sector.
The Trump administration has spent billions in taxpayer money to cancel offshore wind projects and boost coal, drawing criticism for favoring fossil fuels.
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