Market-moving news and intelligence across global energy markets.
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
TotalEnergies sells its 8.5% net interest in the Marjoram gas field offshore Malaysia to Japan's Inpex for $350 million, optimizing its global portfolio.
Wood Mackenzie forecasts Henry Hub natural gas prices will rise to $5/mmbtu by 2035, ending a decade of cheap gas due to surging demand and costly supply.
Russia has armed a civilian LNG tanker, the Marshal Vasilevskiy, with an automated machinegun, escalating tensions over European interceptions of its 'shad
Indonesia's state-owned Pertamina confirms readiness to distribute B50 biodiesel, supporting the nation's ambitious goal of achieving energy self-sufficien
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