Market-moving news and intelligence across global energy markets.
Asian nations grapple with a severe energy crisis as a Red Sea oil blockade by Yemen's Houthis exacerbates supply woes and drives up inflation.
Louisiana's energy sector recorded over $10 billion in M&A activity, driven by Mitsubishi's $7.5B Haynesville acquisition and Shell's $1.7B Gulf of Mexico
OPEC+ is set to halt oil production increases after September, as Middle East conflict and Strait of Hormuz disruptions overshadow nominal quota adjustment
Asia is emerging as the epicenter of global energy transformation, driven by rising demand, evolving trade corridors, and geopolitical shifts.
Eni and TotalEnergies have taken the final investment decision for the Cronos gas development, marking Cyprus' inaugural gas project and boosting Europe's
TotalEnergies can continue selling Russian LNG to Asia after the EU allowed European firms to ship gas outside the bloc, reversing an earlier ban.
Oil prices fell as Iran tensions eased, but a doubled 2026 supply deficit and constrained Hormuz flows suggest supply risks remain underpriced.
OPEC+ is expected to suspend oil production increases beyond September 2026, signaling caution over market balance and future quotas, sources indicate.
Indonesia's Pertamina Patra Niaga begins nationwide B50 biodiesel distribution, a landmark move to cut fuel imports and enhance energy security.
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