Market-moving news and intelligence across global energy markets.
Global oil benchmarks Brent and WTI fall to four-month lows as US-Iran diplomatic talks reduce geopolitical risk and OPEC+ signals further supply increases
Indonesia's state energy firm Pertamina confirms readiness to launch B50 biodiesel on July 1, aiming for energy self-sufficiency and reduced fuel imports.
Pembina Pipeline, Morgan Stanley Infrastructure Partners, and Kineticor reach FID on C$4.6 billion Greenlight Electricity Centre, a 932 MW gas-fired power
Genel Energy completes recommended cash acquisition of Capricorn Energy for $4.74 per share, creating a diversified independent energy company in the MENA
OPEC+ increased July oil supply by 188,000 bpd, contributing to a price drop from $112 to $89/barrel, as rising US shale and weak China demand pressure cru
Saudi Arabia's crude exports are nearing pre-war levels, extending the recovery in Persian Gulf flows and heightening prospects of a global supply surplus,
Pertamina confirms readiness to distribute B50 biodiesel across Indonesia, with President Prabowo set to launch the program in early July 2026.
Global oil prices fell for a third consecutive day as crude flows through the Strait of Hormuz surged and US-Iran talks showed signs of progress.
ADNOC's XRG arm, through its Arcius Energy joint venture, has approved a $500 million Final Investment Decision for Egypt's Harmattan gas field, boosting u
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