Oil markets rally on combative rhetoric as Hormuz remains tense
May 15, 2026
Brent crude futures climbed by 2.4% to $108.22 per barrel after US President Donald Trump said he was running out of
World
Caturus advances Louisiana LNG megaproject with offtake deals
May 15, 2026
US developer Caturus has finalised long‑term sale and purchase agreements for offtake from the planned Commonwealth LNG export terminal. With commercialisation completed,
BP weighs sale of Egyptian gas assets as new CEO retools portfolio
May 15, 2026
BP is considering selling some natural gas assets in Egypt as part of CEO Meg O’Neill’s overhaul to cut debt and focus
UAE fast‑tracks pipeline to bypass Hormuz and double exports
May 15, 2026
Abu Dhabi’s crown prince ordered state company ADNOC to accelerate construction of a West-East pipeline, doubling the UAE’s oil export capacity
OPEC trims 2026 oil demand growth but expects a rebound in 2027
May 13, 2026
OPEC’s latest monthly report has cut the forecast for 2026 global oil demand growth from 1.38 million barrels per day to
IEA warns of the largest‑ever oil supply shock; global deficit looms
May 13, 2026
The International Energy Agency’s May oil market report warns that the Middle East war has shut in more than 14 million
Google secures 500 MW solar PPA with Linea Energy
May 12, 2026
Google’s agreement with Linea Energy secures the supply of 500 MW of solar to power Texas data centres. The Duffy Solar
New Energy Weekly – 8 May 2026
May 11, 2026
Why energy security is once again driving the agenda The week beginning 4 May 2026 marked an inflection point for the
Oil surges above $120 as Middle East tensions escalate
May 1, 2026
Brent crude has briefly exceeded $120 per barrel, driven by fears of supply disruption in key transit routes. Markets are pricing
UK orders refineries to maximise jet fuel production
April 29, 2026
The UK government has instructed refineries to boost jet fuel output in response to aviation fuel supply concerns. Reflects direct state
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