Fossil Fuels

Iraq warns it might leave OPEC over production quotas

June 29, 2026

Iraqi officials said the country could consider leaving OPEC if it is not allowed to increase its oil production quota significantly.

Cautious Hormuz reopening tempers oil prices, but risks persist

June 25, 2026

A ceasefire between the US and Iran has enabled three stranded supertankers and several Qatar‑controlled LNG carriers to transit the Strait

Gas pivotal to UK energy security as renewables falter – National Gas

June 24, 2026

From October 2025 to March 2026, the UK’s gas network transported around 500 terawatt‑hours (TWh) of energy. Although overall demand fell

World Bank warns rampant gas flaring undermines energy security

June 24, 2026

Global gas flaring increased for the third consecutive year in 2025, reaching 167 billion cubic metres (Bcm), according to the World

Russian fuel shortages prompt rare import plans and public restrictions

June 24, 2026

Months of Ukrainian drone attacks on Russian oil refineries have knocked out about 14% of the country’s refining capacity, prompting petrol

UN urges AI companies to come clean on their resource footprint

June 23, 2026

A UN University study projects that AI data centres could consume about 945 terawatt‑hours (TWh) of electricity by 2030 and enough water

Goldman Sachs predicts EV surge will dent oil demand by 2027

June 23, 2026

Goldman Sachs predicts that rapid electric vehicle adoption could reduce global oil demand by 0.13-0.32 million barrels per day (bpd) by

What Andy Burnham as Prime Minister could mean for UK energy policy

June 22, 2026

Andy Burnham’s meteoric rise from Greater Manchester mayor to prime ministerial frontrunner has generated intense speculation about his policy agenda. Energy

US grants 60‑day waiver for Iranian oil and petrochemical exports

June 22, 2026

The US Treasury’s General License U allows production, delivery and sale of Iranian oil and petrochemicals through 21 August 2026, extending a previous