EU Delays Methane Penalties for Oil, Gas Imports Amid Supply Concerns
The European Commission will recommend delaying penalties for methane emissions from oil and gas imports, addressing concerns over potential supply disrupt
Market-moving news and intelligence across global energy markets.
The European Commission will recommend delaying penalties for methane emissions from oil and gas imports, addressing concerns over potential supply disrupt
Shell sells its Indian renewable energy platform, Sprng Energy, to Aditya Birla Renewables for $1.8 billion, aligning with its strategy to optimize its pow
Goldman Sachs projects over 45% of Gulf oil exports could bypass the Strait of Hormuz by end-2027, driven by new pipeline projects amid persistent geopolit
Indonesia will mandate B50 biodiesel at all fuel stations by October 1, 2026, with Pertamina adjusting distribution to cut diesel imports by 310,000 bpd.
Global oil prices hit a four-week high as the US reimposed a naval blockade on Iran and attacks escalated in the Strait of Hormuz, fueling supply disruptio
The UAE's crude production surged 80% in June after exiting OPEC, reaching near-record highs and creating an Asian supply surplus, impacting regional prici
European natural gas prices, benchmarked by Dutch TTF futures, jumped over 3% as renewed US-Iran tensions in the Strait of Hormuz disrupted LNG shipments.
Vietnam's new Decree 272/2026/ND-CP establishes a transparent framework for foreign investment in offshore wind and power grid infrastructure, accelerating
Greenfire Resources has acquired Connacher Oil and Gas for C$1.277 billion, expanding its thermal oil sands footprint in Alberta and targeting C$30 million
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