News & Map

Volgograd oil refinery, Rostov-on-Don production facility in flames following Ukrainian drone attack

Eyewitness footage from the scene appears to show flames emanating from the Lukoil-Volgogradneftepererabotka refinery, o...

Why the Arctic cannot replace the Middle East’s shipping lanes

Russian Arctic energy, not Arctic shipping, is the real beneficiary of the current crisis – and Western sanctions compli...

Race to Australia's first green steel entering final stages

Companies are racing to build Australia's first low-emissions steel mills as traditional steelmakers grapple with aging ...

Iran war live: Riyadh, China discuss Houthis as group claims Aramco attacks

Saudi-led coalition intercepts Houthi drones heading for Riyadh as the rebel group claims attacks on energy facilities.

Zimbabwe pledges mining reforms amid public outcry

Oil Prices Squeezed Between Peace Hopes and Iran Escalation Risk

Oil prices have crashed about 20% from the late-October peak of $118 per barrel, weighed down by hopes of sustainable de...

Yemen’s Houthis renew strikes on Saudi Arabia as UNSC extends sanctions

Saudi-led coalition intercepts flurry of suspected Houthi drones targeting oil and military infrastructure.

Indonesia, Thailand, Philippines to Establish Joint Emergency Fuel Stockpiles

The Japan-backed scheme will create a ticket system for emergency fuel reserves similar to that used in the European Uni...

Latest Oil Market News and Analysis for Nov. 13

Oil held a gain after President Donald Trump said the US could forgo a deal with Iran, dimming prospects for a breakthro...

Venezuela Ends 19-Year Power Monopoly, With Oil Fields First in Line

Venezuela is opening up its electricity sector to private capital for the first time since Hugo Chávez nationalized it i...

U.S. managed $12 billion in Venezuelan oil revenue, State Department says

Amid demands for transparency, the State Department released a report detailing the oil funds received by the United Sta...

Nemaska pause clouds Rio Tinto’s Quebec lithium plans

The Bécancour project forms part of Quebec’s attempt to build a battery supply chain that converts locally mined mineral...

China rules out hosting Cop33 climate summit in 2028

Decision disappoints experts hoping for world’s biggest emitter to take global lead on climate crisisChina has ruled out...

More Drilling Won’t Shield U.S. Consumers From Oil Price Shocks

Another month, another distressing Consumer Price Index report. As the war in Iran drags on, inflation in the United Sta...

Moldova cuts energy dependency on Russia with landmark new power line

Five years after Russia tried to bring Moldova to its knees through energy pressure, a landmark new power line has remov...

Oil Supertanker Squeeze Is Crimping US Crude Exports, Texas Port CEO Says

A shortage of available oil supertankers is constraining US crude exports, prompting shippers to hire smaller vessels an...

Yemen’s Houthis say they targeted Saudi East-West pipeline, port city of Yanbu

The East-West pipeline, which ends at Yanbu, has become increasingly important to Saudi Arabia, allowing it to get its o...

A natural-gas project off Alaska may be a Russian ploy

Surveys for the plant were funded by a UAE company steered by a Russian natural-gas giant under U.S. sanction.

Europe Enters Winter With Its Lowest Gas Inventory of the 2020s

Asian spot LNG is trading above $30 per million British thermal units and Europe is entering winter with its lowest gas ...

US releases report on $12bn from Venezuelan oil, mineral resources

The report seeks to address concerns about the Trump administration's handling of revenue held in trust for Venezuela.

$7 Billion in Oil Debt Has Nigerian Banks Holding Back Lending

A few Nigerian oil and gas companies owe local banks about $7 billion, and the fallout is reaching well beyond those bor...

What’s at stake in the renewed tensions over the Falkland Islands?

Argentina and the UK are in a legal battle over an offshore oil-drilling project.

SA gives green light for gas to help power future data centres

The South Australian government says it is "absolutely fine" for gas to be used to help power data centres, despite its ...

Plugged-in planet? COP31 host Turkey leads charge for electrification

It’s sweater weather in Paris. But even though November brings brisk temperatures and fall foliage, it doesn’t mean last...

Bowen pushes pragmatic climate deal amid pressure over fossil fuels

Chris Bowen says Australia's coal and gas exports have not damaged its standing in climate negotiations, as countries st...

Houthis claim responsibility for strikes on Saudi Aramco, airbase in Saudi Arabia

The Houthis also struck "a military transport aircraft at Sharurah Airport with a drone"

Electrification is only part of the climate battle

A COP31 pledge to expand electric power ought to have a green target attached

As coal burn declines, rising power demand will be primarily met by renewables: EIA

The electric power sector could install more than 26 GW of battery storage next year, helping support a renewable resour...

Acciona’s $1 Billion Mexico Infrastructure Deal Seen Threatened

Acciona Energía’s $1 billion deal to sell solar and wind assets to Mexico Infrastructure Partners is facing delays and i...

Democratic Senators Press CFTC on Suspicious Oil Trade Probe

A group of Democratic senators are pressing the Commodity Futures Trading Commission on its investigation into well-time...

EIA Data Shows Builds in Crude, Gasoline and Distillates

Crude oil inventories in the United States saw an increase of 4.7 million barrels during the week ending November 6, acc...

Yemen's Houthis say they attacked pumping station on Saudi Arabia's East-West oil Pipeline

Yemen's Houthis say they attacked pumping station on Saudi Arabia's East-West oil Pipeline Yemen's Iran-aligned Houthis ...

Brent Briefly Hits $94 After Trump Says U.S. Has No Need for Iran Deal

President Donald Trump declared Thursday that the United States no longer needs a deal with Iran, just three days after ...

Brent Briefly Hits $94 After Trump Says U.S. Has No Need for Iran Deal

President Donald Trump declared Thursday that the United States no longer needs a deal with Iran, just three days after ...

Brent Briefly Hits $96 After Trump Says U.S. Has No Need for Iran Deal

President Donald Trump declared Thursday that the United States no longer needs a deal with Iran, just three days after ...

Measures restricting clean tech exports slowing down energy transition

Major economies representing 58% of the world’s GDP have adopted at least one measure to restrict the import of clean en...

EU to Hit Russia With More Banking and Energy Sanctions

The European Union is set to approve over a hundred new sanctions on Russia targeting banks, energy firms and tankers il...

Trump’s Russia Diesel Deal Struggles to Find Willing US Buyer

An accord brokered by President Donald Trump to sell Russian diesel to the US appears to have failed to clear a key hurd...

UK says it's 1st country to target all of Russia's top 10 oil producers with latest round of sanctions

The U.K. announced a major new sanctions package targeting Russia's energy and shipping sectors on Nov. 12, with Prime M...

Current Hungarian cabinet accepting Rosatom’s work on Paks-2 NPP project — company’s CEO

Alexey Likhachev said that Rosatom remains ready to work on the Paks-2 project, despite all the challenges