INEOS and Norwegian recycler Recuro have signed an MoU to develop a pyrolysis-based plastics recycling plant at INEOS’ Bamble polymer site
A Qatari LNG tanker, the Al Rekayyat, and a Saudi‑flagged crude supertanker have been hit by projectiles near the Strait of Hormuz,
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
