European Gas Surges as Middle East Peace Hopes Fade
European natural gas prices hit two-week highs after Iran boycotted peace talks, reigniting supply fears and underscoring market vulnerability to geopoliti
Market-moving news and intelligence across global energy markets.
European natural gas prices hit two-week highs after Iran boycotted peace talks, reigniting supply fears and underscoring market vulnerability to geopoliti
Indonesia's Pertamina Patra Niaga begins B50 biodiesel distribution at 29 terminals, aligning with a new mandate to boost energy self-sufficiency.
A new UN report reveals global fossil fuel subsidies are set to hit $1.1 trillion in 2026, driven by the Iran war and government efforts to curb energy cos
Equinor's 2026 Capital Markets Day reveals a disciplined strategy focused on growing oil and gas production, increasing shareholder returns, and selective
Europe lost its leading position as the primary destination for U.S. LNG exports in June, as higher Asian prices and record Egyptian demand diverted cargoe
Global investment bank Houlihan Lokey will acquire Intrepid Financial Partners, a premier independent energy sector advisory firm, expanding its oil and ga
Shell's 2026 LNG Outlook reveals global trade may remain flat this year due to Strait of Hormuz disruptions, despite robust long-term demand from Asia.
Talos Energy will acquire Shell's deepwater Gulf of America assets for $850 million, boosting its oil-weighted production and reserves in a strategic move.
Saudi Arabia approved a July 2026 OPEC+ output hike it cannot deliver, with Brent crude below breakeven, as the Strait of Hormuz remains closed.
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