
Saudi Arabia considers Red Sea pipeline expansion amid Hormuz disruption
Saudi Arabia is reportedly in preliminary talks with Kuwait, Bahrain and Qatar about expanding capacity of the East-West crude pipeline by

Saudi Arabia is reportedly in preliminary talks with Kuwait, Bahrain and Qatar about expanding capacity of the East-West crude pipeline by

Shell has raised its Q2 production guidance for integrated gas, LNG and upstream, while forecasting significantly stronger gas trading earnings than

OPEC+ agreed on 5 July 2026 to raise collective output targets by 188,000 barrels per day (bpd) from August, marking the fifth consecutive

Ukraine struck the St Petersburg Oil Terminal during a major drone attack on Friday, according to Russian regional authorities. The raid

UBS, Morgan Stanley and other banks have slashed oil price forecasts, citing faster‑than‑expected resumption of Gulf exports. UBS cut its third

The Energy Institute’s Statistical Review of World Energy reveals that China produced 73% more total energy and 222% more electricity than

Genel Energy will acquire Capricorn Energy for $360 million, paying $4.74 per share comprising $3.75 in cash and a $0.99 special

National Grid Ventures will invest $1.75 billion for a 35% stake in Joulent, a US energy platform building 2.67 GW of

A historic heatwave across the eastern US pushed the PJM Interconnection to forecast record peak demand of up to 166.3 GW,

Surveillance photos released by Estonia show the Russian LNG carrier Marshal Vasilevskiy outfitted with machine gun emplacements and sandbags on its





