Market-moving news and intelligence across global energy markets.
Shell's 2026 LNG Outlook reveals global trade may remain flat this year due to Strait of Hormuz disruptions, despite robust long-term demand from Asia.
Talos Energy will acquire Shell's deepwater Gulf of America assets for $850 million, boosting its oil-weighted production and reserves in a strategic move.
Saudi Arabia approved a July 2026 OPEC+ output hike it cannot deliver, with Brent crude below breakeven, as the Strait of Hormuz remains closed.
Talos Energy acquires deepwater oil assets in the Gulf of America from Shell Offshore Inc. and Ridgewood Energy for $850 million, expanding its offshore fo
Brookfield and Bloom Energy dramatically expand their AI infrastructure power partnership to $25 billion, addressing hyperscaler demand for reliable, clean
Baker Hughes secures a 13-year service agreement with Nigeria LNG for its Train 7 expansion, boosting Bonny Island's liquefaction capacity to 30 MTPA.
Asia's crude oil imports saw a modest June uptick but remain near decade lows, impacted by the Iran conflict disrupting Middle East shipments and China's r
Global crude oil prices fall to multi-month lows as US-Iran ceasefire reopens Strait of Hormuz, reducing geopolitical risk. OPEC+ increases supply.
Nigeria's Dangote Refinery inks $400M equipment deal with China's XCMG, aiming to double capacity to 1.4M bpd and transform Africa's fuel market.
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