Saudi Arabia considers Red Sea pipeline expansion amid Hormuz disruption
July 8, 2026
Saudi Arabia is reportedly in preliminary talks with Kuwait, Bahrain and Qatar about expanding capacity of the East-West crude pipeline by
World
OPEC+ raises output as Saudi Arabia slashes prices
July 6, 2026
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 hits St Petersburg oil terminal as drone campaign targets Russia’s export network
July 6, 2026
Ukraine struck the St Petersburg Oil Terminal during a major drone attack on Friday, according to Russian regional authorities. The raid
Genel Energy’s $360 million takeover of Capricorn signals MENA push
July 2, 2026
Genel Energy will acquire Capricorn Energy for $360 million, paying $4.74 per share comprising $3.75 in cash and a $0.99 special
Russia arms LNG carrier raising maritime security fears
July 2, 2026
Surveillance photos released by Estonia show the Russian LNG carrier Marshal Vasilevskiy outfitted with machine gun emplacements and sandbags on its
JERA launches Singapore hub to integrate LNG and low-carbon fuels
July 1, 2026
Japanese utility JERA has created JERA Global Energy Solutions (GES) in Singapore to consolidate strategy, procurement and investments across its liquefied
Oil prices slide as US-Iran talks cool ‘war premium’
July 1, 2026
Brent crude fell to around $73/barrel and US WTI to about $69 per barrel on Monday, marking their steepest quarterly decline
XRG, Eni to acquire minority stakes in major Argentine LNG project
June 30, 2026
Abu Dhabi’s XRG and Italy’s Eni have agreed to acquire 32% stakes each in three upstream blocks in Argentina’s Vaca Muerta
Shell sees LNG demand rising 65% by 2050 as Asia reshapes global market
June 30, 2026
Shell expects global LNG demand to rise from 422 million tonnes in 2025 to nearly 700 million tonnes a year by
China outlines five‑year plan to reach 50% non‑fossil power by 2030
June 29, 2026
Beijing’s latest five‑year power sector plan aims for half of China’s electricity to come from non‑fossil sources by 2030, up from
Recent News
Energy bills top public’s Budget priorities in Survation poll
October 27, 2026
A new era: How politics is re-thinking energy and waste
October 21, 2026
Perenco completes Leman South and Durango subsea decommissioning
October 20, 2026
