Energy Market News
25 Feb 2025
President Donald Trump is looking to revive the Keystone XL crude project and get it built if not by the ...
25 Feb 2025
Energy major BP has signed an agreement with the Iraqi government to invest in several major upstream projects around Kirkuk...
25 Feb 2025
The US wants to impose new fees and take other actions on Chinese players in the global maritime, logistics...
25 Feb 2025
The LOCAP crude oil pipeline system halted operations Monday after receipt issues at its St. James...
25 Feb 2025
Brazil's refined oil products output dropped to its lowest levels in eight months in January as a big drop off in diesel output was seen amid...
25 Feb 2025
The European automotive sector opened the year in contraction, industry data showed Tuesday, as declining sales of conventional vehicles...
25 Feb 2025
Shell hiked its outlook for global LNG demand Tuesday, seeing 60% growth out to 2040 from 50% this time last year...
25 Feb 2025
Middle East crude rebounded after the US announced a new round of sanctions aimed at Iran, while the diesel EFS widened further...
25 Feb 2025
Global electricity demand is poised to outpace overall energy growth dramatically during the next decade, the International Energy...
25 Feb 2025
The head of the International Energy Agency (IEA) has suggested that European nations will be better positioned to replace Russian LNG...
25 Feb 2025
Middle East crude opened the week lower as prices caught up with the pre-weekend Brent selloff after Asia had closed, with the move help...
25 Feb 2025
BP is set to abandon its pledge to cut oil and gas output and announce at least one major divestment at its investor day Wednesday...
25 Feb 2025
Energy consultancy Wood Mackenzie expects Brent prices to average at just below current levels this year, as new production...
24 Feb 2025
Kosmos Energy sees less output from its E&P operations in the Gulf of Mexico (GOM) in 1Q compared...
24 Feb 2025
Benchmark crude oil futures opened the week lower as markets braced for increasing volumes entering the market, while LSGO extended losses...
24 Feb 2025
The US Treasury Department on Monday sanctioned more than 30 brokers, tanker operators, and shipping companies...
24 Feb 2025
Shell shut early Monday its Zydeco pipeline system's tank farm in Houma, Louisiana to investigate...
24 Feb 2025
India's crude oil imports surged to an eight-month high in January, according to government data released Monday, even as product exports...
24 Feb 2025
The UK government has announced £200 million ($253 million) in funding to secure the future of clean energy production at the...
24 Feb 2025
The marine fuel 0.5% sulphur East-West spread narrowed to $30.25/mt, its lowest level since August 2022, as declining Singapore price...