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EU and Canada explore LNG deal as Europe grapples with gas crisis

A draft EU-Canada summit statement envisages a feasibility study on long-term LNG exports to Europe as Brussels seeks to diversify its energy supplies...

Oct 28, 2026 · Staff
Originally on Wedgetail
News
The UK cuts energy bills, taxes banks and boosts defense in high-stakes budget

The U.K. budget cuts household energy costs, raises taxes on banks and directs billions toward defense, Ukraine and artificial intelligence

Oct 28, 2026 · Staff
Originally on Wedgetail
News
European gas prices jump above €100 on fears of Iran war escalation

Traders are also concerned by forecasts of cold winter at a time when gas storage levels are low

Oct 28, 2026 · Staff
Originally on Wedgetail
News
European gas prices jump above €100 on fears of Iran war escalation

Traders are also concerned by forecasts of cold winter at a time when gas storage levels are low

Oct 28, 2026 · Staff
Originally on Wedgetail
News
US Oil Inventories Fall Again As Prices Rise

Crude oil inventories in the United States saw a decrease of 1.9 million barrels during the week ending October 23, according to new data from the U.S...

Oct 28, 2026 · Staff
Originally on Wedgetail
News
UK Sticks With North Sea Windfall Tax Despite Industry Outcry

The UK government decided to stick with a windfall tax on North Sea oil and gas producers, dismissing the industry’s calls to end it next year.

Oct 28, 2026 · Staff
Originally on Wedgetail
News
Rosatom to increase number of personnel at Bushehr NPP to 200 in November — CEO

According to Alexey Likhachev, at the peak of the military conflict, the number of Rosatom personnel dropped from 700 to 20 people

Oct 28, 2026 · Staff
Originally on Wedgetail
News
China’s Refiners Turn to Africa and Brazil Crude as Freight Rates Ease

China’s refiners are buying crude oil from West Africa and Brazil after freight rates eased in the past two weeks, while competition for Russian suppl...

Oct 28, 2026 · Staff
Originally on Wedgetail
News
China’s Refiners Turn to Africa and Brazil Crude as Freight Rates Ease

China’s refiners are buying crude oil from West Africa and Brazil after freight rates eased in the past two weeks, while competition for Russian suppl...

Oct 28, 2026 · Staff
Originally on Wedgetail
News
Russia aims to assist Africa with energy planning, hydrocarbon hubs — Energy Minister

The master plans will outline and balance electricity demand and meet it using both local and transit-based energy sources, Sergey Tsivilyov said

Oct 28, 2026 · Staff
Originally on Wedgetail
News
Shell ups its production ante with first oil from US Gulf project’s third chapter

Shell has tied new wells into an existing floating oil facility, boosting deepwater output in the U.S. Gulf of Mexico (Gulf of America).

Oct 28, 2026 · Staff
Originally on Wedgetail
News
Iran Eyes $130 Oil While at Least 50 Tankers Sit Stuck in the Gulf

An oil price of $130 per barrel could be one of the scenarios of Iran’s economic planners preparing the budget for the next Iranian year starting Marc...

Oct 28, 2026 · Staff
Originally on Wedgetail