Market-moving news and intelligence across global energy markets.
The Iran war has significantly eroded OPEC+'s market influence, with China's reduced crude imports now a dominant factor balancing global oil markets.
European LNG spot prices hit a three-year high of $22.83/MMBtu as Strait of Hormuz disruptions and low storage levels intensify winter supply concerns.
Six months into the Iran war, OPEC+ struggles to influence oil markets as the conflict disrupts Middle East crude exports and China's demand cuts reshape g
President Trump's executive order bans foreign-made grid equipment from U.S. bulk-power systems, citing national security and supply chain vulnerabilities.
Japan's new "POWERR GX" energy policy package, aimed at crisis response, faces criticism for deepening fossil fuel dependence instead of promoting renewabl
India's ONGC aims for a tenfold oil output increase in Venezuela, signaling renewed Latin American production focus, while US shale navigates rig count dip
Africa has become the leading region for global upstream expansion, capturing nearly half of new country entries as operators rebuild exploration portfolio
Indonesia officially begins construction on the $21 billion Abadi LNG project in the Masela Block, boosting gas capacity and energy security with Pertamina
Enbridge acquires Salt Creek Midstream's crude oil gathering business for $600 million, enhancing its Permian Basin export value chain.
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