EU Suspends Methane Emission Penalties Amidst Energy Crisis and US Pressure
The EU recommends suspending methane emission penalties for oil and gas firms from 2027-2030, prioritizing energy security over climate goals amid global m
Market-moving news and intelligence across global energy markets.
The EU recommends suspending methane emission penalties for oil and gas firms from 2027-2030, prioritizing energy security over climate goals amid global m
Escalating US-Iran hostilities and attacks on Gulf shipping have pushed Brent crude near $90, intensifying concerns over Middle East oil supply disruptions
Indonesia's Energy Ministry targets full nationwide B50 biodiesel distribution by October 1, 2026, initiating a three-month transition to reduce emissions
Global oil markets face renewed volatility as Brent crude surpasses $90/barrel, driven by escalating US-Iran conflict and Strait of Hormuz disruptions.
Brent crude surged past $90 a barrel as escalating US-Iran hostilities in the Middle East intensified, threatening critical oil shipments through the Strai
Indonesia has finally broken ground on the $21 billion Abadi Masela LNG project, a critical milestone after nearly three decades of delays, boosting domest
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 crucial cargoes from Eu
TXNM Energy and Blackstone Infrastructure extend their merger agreement to May 2027, seeking more time for regulatory approvals for the proposed acquisitio
Global oil demand growth decelerated in Q2 2024, influenced by China's contraction and economic headwinds, while supply forecasts show mixed trends.
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