Market-moving news and intelligence across global energy markets.
ExxonMobil and partners commit $1.1 billion in pre-FID contracts for Mozambique's $30 billion Rovuma LNG project, signaling confidence despite regional ris
Saudi Aramco has resumed crude oil loadings from the Strait of Hormuz, offering spot heavy crude cargoes to Asian refiners after weeks of halted sales.
A joint venture led by WhiteWater and including Devon Energy has reached FID on the Solitude Pipeline System, enhancing Permian-to-Gulf Coast gas transport
Global oil markets face tension as geopolitical risks push prices up, while weaker demand and rising inventories exert downward pressure, defining market v
OPEC and IEA issue vastly different 2026 oil demand forecasts, with a 2.2 million b/d gap, signaling deep market uncertainty driven by Middle East disrupti
Argentina LNG, a joint venture by YPF, Eni, and XRG, secures RIGI approval for its $51 billion integrated LNG export project, targeting FID by late 2026.
Ensign Energy Services has closed its $65 million acquisition of Citadel Drilling, significantly boosting its high-spec rig fleet in the U.S. Permian Basin
The IEA significantly lowers its 2026 global oil demand forecast, citing the Strait of Hormuz closure and high fuel prices, while OPEC maintains a growth o
The IEA's August 2026 report reveals global refinery throughput cuts for Q3 amid Middle East disruptions, partially offset by increased Asian output, tight
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