Market-moving news and intelligence across global energy markets.
OPEC+ agreed to increase oil output by 188,000 bpd from August as Strait of Hormuz exports recover, pushing Brent crude prices to pre-war levels.
ADNOC's investment arm, XRG, has acquired an additional stake in the Rio Grande LNG project in Texas, solidifying its presence in the US and global gas mar
OPEC+ nations will add 188,000 bpd to August oil output targets, marking the fifth consecutive increase as Middle East tensions ease and crude prices decli
India's Ministry of Petroleum and Natural Gas has revoked emergency gas supply restrictions as LNG shipments through the Strait of Hormuz normalize.
ExxonMobil's Rovuma LNG project in Mozambique is on track for a 2026 Final Investment Decision, complementing Eni's advancing Coral North FLNG.
Global liquefied natural gas (LNG) output is set to jump in 2026, easing market constraints, dampening prices, and spurring demand from key Asian and Europ
TotalEnergies plans a 7.1 MW solar plant at its Mozambique LNG site in Afungi, aiming to reduce the project's carbon footprint as construction resumes afte
Ukrainian Defense Forces have disabled 42.7% of Russia's oil refining capacity by early July 2026, causing a severe domestic fuel crisis and impacting glob
Global oil markets are transitioning from a supply shock to a surplus, with IEA forecasting a significant glut by 2027, prompting OPEC to pause output hike
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