News & Map

Macron calls on EU to tackle soaring energy prices

Emmanuel Macron has written to the EU Commission president, Ursula von der Leyen, calling on Brussels to take immediate ...

Brazilian subsea services provider changes hands

Norwegian engineering company CoreMarine has completed the acquisition of Brazil’s BravOcean, a provider of […] The post...

More than 10,000 could flee Yemen fighting to Djibouti in coming months: UN

The Iran-backed Houthis earlier this month seized control of Yemen’s Red Sea coastline, in a dramatic offensive that has...

Record Oil Supertanker Rates Make Waves for the Whole Fleet

High earnings for the biggest oil carriers are spreading to smaller vessels.

Dangote Hires Engineers India for $16 Billion Kenya Refinery

Aliko Dangote, Africa’s richest person, has hired the engineers that built his Lagos refinery to work on the new crude p...

Europe’s Power Exchange Giant EEX Eyes New Weather Futures

European Energy Exchange AG, the world’s biggest power bourse, is considering listing new weather futures, becoming the ...

Saudi war against Houthis displaces 130,000 Yemenis as hunger crisis deepens

Saudi war against Houthis displaces 130,000 Yemenis as hunger crisis deepens Submitted by Elis Gjevori on Tue, 09/22/202...

Saudi’s Ceer unveils first EVs in push to become autos hub

PIF-backed carmaker’s luxury EVs aim to make Saudi a manufacturing center and challenge Chinese brands.

Poland aims to become gas hub for Europe, minister says

Wojciech Balczun added that Warsaw is already holding talks with Greece, which "can control gas supplies to Europe from ...

Venezuela courts debt, energy and mining deals in New York

For years, Caracas was seen as a pariah, and foreign direct investment flows plummeted. But investors have begun returni...

Tech Rally Loses Steam In Europe as Oil Rises

A rally in technology stocks came to a halt as oil resumed its role in setting the tone for markets, with Brent heading ...

Oil could top $150 a barrel if supplies further tighten, Bank of America warns

If disruptions caused by fighting in the Middle East persist into spring 2027, Brent crude could spike above $150 a barr...

France warns of fresh oil shock, urges EU to free up refinery capacity

In a letter to Ursula von der Leyen, Macron said the EU’s energy security has so far relied heavily on buffers — includi...

Oil falls below $98 as Saudi Arabia signals East-West pipeline reopening

Key route for Saudi crude to reach Red Sea has been closed for two weeks following drone strikes

Oil falls below $98 as Saudi Arabia signals East-West pipeline reopening

Key route for Saudi crude to reach Red Sea has been closed for two weeks following drone strikes

Weapon of distraction: How Israel uses greenwashing to mask its climate crimes

Weapon of distraction: How Israel uses greenwashing to mask its climate crimes Submitted by Asma Barakat on Fri, 09/04/2...

ICE Brent crude price falls below $98 per barrel for first time since September 8

As of 1:00 p.m. Moscow time, Brent stood at $97.98 per barrel

Oil Analyst Sankey Sees ‘Very Elevated’ Market Through End of 2027

Paul Sankey, president at Sankey Research, warns of oil market risk from tightness in US refining capacity as diesel rea...

European fusion start-up pushes for local supply chain as US dominates funding

Google-backed Proxima Fusion says it will invest in production of crucial material for future power plants in the German...

Dimon Says US Shouldn’t Punish India Over Russian Oil: CNBC TV18

India and global oil markets shouldn’t be punished as the US seeks to pressure Russia to end its war in Ukraine, JPMorga...

Cameroon plans two large-scale PV plants

Cameroon’s Electricity Sector Regulatory Authority has met with developers to discuss implementing a 200 MW and 44 MW so...

Armed group shuts Libya's largest oil field pipeline, jeopardising exports

A valve closure on the El Sharara-to-Zawiya pipeline has cut production at a field accounting for roughly a third of Lib...

Saudi Arabia restarts East-West oil pipeline, to resume exports from Yanbu, sources say

SINGAPORE/NEW DELHI, Sept 22 (Reuters) - Saudi Arabia has restarted operations at its East-West Pipeline and could resum...

Iran ready to reopen Strait of Hormuz if US eases military pressure and lifts blockade

By Parisa HafeziNEW YORK, Sept 22 (Reuters) - Iran can reopen the Strait of Hormuz within seven days if the United State...

Saudi Arabia restarts East-West oil pipeline, sources say

By Trixie Yap, Nidhi Verma and Florence TanSINGAPORE/NEW DELHI, Sept 22 (Reuters) - Saudi Arabia has restarted operation...

Navitas forges ahead in South Africa as it wraps up offshore acquisition

Israel’s Navitas Petroleum has brought into its fold a stake in a block off the coast of South Africa through a deal wit...

IN BRIEF: Military-industrial, energy, metallurgy facilities hit in strike by Russian army

The Russian Armed Forces launched a massive strike using precision land-, sea-, and air-based weapons, as well as unmann...

Ineos idles three UK chemical plants as gas prices soar

Sir Jim Ratcliffe-owned conglomerate suspends factories in Hull, which support 4,000 jobs, as oil and gas prices surge o...

Iran ready to reopen Strait of Hormuz if US eases military pressure and lifts blockade

NEW YORK, Sept 22 - Iran can reopen the Strait of Hormuz within seven days if the United States eases military pressure ...

Power start-up for Mochovce 4

Slovakia's Mochovce 4 began power generation at 15:33 on Monday, which operator Slovenske elektrárne describes as the la...

How Russia, Ukraine traded strikes overnight on oil, energy sites as Zelenskyy visited US - videos

Indonesia presses ahead with Russian oil imports despite ‘real risk’ of US penalties

Indonesia plans to press ahead with discounted Russian crude oil imports to secure domestic energy supplies and manage f...

Rwanda: Rwanda Targets First 110mw From Nuclear Energy By 2033

[New Times] Rwanda expects to start generating 110 megawatts of electricity from nuclear energy between 2030 and 2033 as...

South Korean players embark on small-scale LNG commercialization mission

Two South Korean companies, GasEntec and Samsung Heavy Industries (SHI), are pooling resources to commercialize small-sc...

Czechia caps fuel margins and cuts diesel tax as prices soar

Czechia will cap fuel retailers’ margins, cut diesel duty and tax refiners’ higher profits as governments across Europe ...

Oil Drops as Traders Track Hormuz Diplomacy Prospects

Brent fell toward $99 a barrel, after tumbling over the previous four sessions. Oil erased earlier gains on a report tha...

Vietnam pushes provinces to accelerate rooftop solar rollout

The Vietnamese government has ordered provinces to accelerate rooftop solar support after most missed a national deadlin...

From wok to wing: China tightens grip on ‘gutter oil’ trade to fuel green flight ambitions

Proposed digital tracking standards aim to eliminate irregularities as China ups sustainable jet fuel production.

Sri Lanka replaces net metering with feed-in tariffs for rooftop solar

Sri Lanka has discontinued net metering for new rooftop solar systems, requiring new installations to operate under its ...

Gazprom resumes gas supplies via Power of Siberia after scheduled maintenance

The maintenance was carried out from September 15 to 22