Market-moving news and intelligence across global energy markets.
Pertamina Hulu Rokan warns Indonesia's vital Rokan oil block faces a 30% annual output drop without aggressive drilling, highlighting upstream challenges.
Global oil prices surged as renewed Middle East airstrikes reignited supply fears, with WTI and Brent crude rebounding significantly amid escalating geopol
The EU's 21st sanctions package freezes the oil price cap, bans a refinery, and targets Russian LNG transfers, intensifying pressure on Moscow's war econom
The European Commission proposes to simplify the EU ETS, revising the emissions cap trajectory from 2031 and extending the net-zero target to 2048.
Morocco has initiated financing discussions with US EXIM and the World Bank for the ambitious $26 billion African Atlantic Gas Pipeline project.
The EU's 21st sanctions package tightens restrictions on Russian LNG, freezes the oil price cap, and expands financial and trade measures, impacting energy
Argentina achieved record oil output in May, with the Vaca Muerta shale formation contributing 69% of volumes, solidifying its role in global energy supply
India's top refiner, Indian Oil Corp, plans to acquire 50% stakes in Very Large Gas Carriers to reduce freight costs for rising US LPG imports from 2027.
OPEC+ is expected to pause oil production increases from October, maintaining 2 million bpd cuts amid Middle East conflict and IEA's 2027 surplus projectio
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