Market-moving news and intelligence across global energy markets.
Papua LNG project achieves major milestones, including $4 billion in cost savings and operatorship transfer to ExxonMobil, positioning it for FID.
OPEC+ maintains October oil production quotas at September levels, citing disruptions from the Iran war in the Strait of Hormuz and future supply uncertain
Pertamina Patra Niaga increased prices for four non-subsidized fuels in early September 2026, citing global crude oil prices and rupiah exchange rates.
The US and Venezuela strike a strategic oil deal, granting the US control over 65 billion barrels and aiming to boost Venezuelan production to refill the S
Enbridge expands North American midstream footprint with $600M acquisition of Salt Creek Midstream's crude gathering business and a new KKR/Apollo JV for g
The Americas have emerged as a critical oil supplier, boosting production and exports to Asia following the Strait of Hormuz closure and Mideast geopolitic
African nations are investing heavily in LNG projects, with $78.48 billion earmarked for 31 new facilities by 2030, driving significant export growth.
Europe faces an impending energy crisis as critically low gas inventories and Middle East LNG disruptions threaten winter supply, potentially pushing price
Indonesia freezes subsidized fuel prices through 2026, while commercial diesel rates surge, impacting consumer habits, fiscal quotas, and logistics costs.
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