Market-moving news and intelligence across global energy markets.
Indonesia officially launched its forestry carbon trading ecosystem on July 6, issuing 31 million tonnes of CO2e credits, aiming for a new economic growth
The EU faces delays in approving its 21st Russia sanctions package, potentially postponing a critical freeze on the Russian oil price cap amid rising globa
Indonesia Energy Corporation (IEC) begins drilling at Kruh Block's K-29 well, with state-owned Pertamina committed to purchasing all crude oil produced.
Saudi Arabia has enacted its largest crude price cut for Asian buyers in over two decades, signaling intense competition as Gulf supplies rebound and Hormu
Altera Infrastructure finalizes agreements with Eni for a new FPSO for the Baleine Phase Three project, boosting Côte d'Ivoire's oil and gas output.
UK-listed Genel Energy acquires Capricorn Energy for $360 million, securing a major foothold in Egypt and reducing its reliance on Iraqi Kurdistan assets.
Senegal significantly increased its crude oil and LNG exports in June 2026, driven by robust offshore production and the Grand Tortue Ahmeyim project's ram
OPEC+ nations will increase crude production by 188,000 bpd in August, continuing a gradual supply hike as Strait of Hormuz exports improve and Brent price
OPEC+ agrees to raise output by 188,000 bpd from August as Strait of Hormuz exports recover, pushing oil prices to pre-war levels.
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