Equinor Targets 15 Million Tons of LNG as Qatar Exports Stay Blocked
Equinor plans to expand its global LNG portfolio to between 10 million and 15 million tons a year in the early 2030s, targeting European and …
Read Full ArticleEnergy Shock Puts Bank of England Under Pressure to Raise Rates
The Bank of England is facing mounting pressure to raise interest rates on Thursday amid a global bond market rout fuelled by concerns over runaway …
Read Full ArticleRussia Extends Diesel Export Ban Through October
Russia will extend its ban on diesel exports for all fuel producers to October 31, Vedomosti reported Tuesday, citing delayed refinery maintenance and the need …
Read Full ArticleU.S. Oil Inventories Edge Lower as Fuel Demand Softens
Crude oil inventories in the United States saw a decrease of 600,000 barrels during the week ending September 11, according to new data from the …
Read Full ArticleTTF Gas Hits $92.95 as Gulf Tensions Weigh on Energy Markets
Europe’s benchmark natural gas prices held above the 80-euro mark early on Wednesday, staying close to 2022 highs, as low gas volumes in storage sites …
Read Full ArticleSweeping Russia-Iran Sanctions Bill Advances Toward House Vote
The US House Rules Committee has advanced legislation imposing tougher sanctions on Russia and Iran, clearing a key procedural hurdle for a possible House vote …
Read Full ArticleGermany Weighs Market Incentives to Boost Record Low Gas Storage Level
Germany is considering expanding a key market incentive to encourage traders to raise gas storage levels ahead of the winter, a government source told Reuters …
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Africa to drive global upcoming liquid storage capacity additions by 2030
In Africa, demand for petroleum products and storage infrastructure is expected to drive liquids storage capacity additions to 2030.
Read Full ArticleU.S. Investigates Suspected Cyber Attacks on Texas-Bound Tankers
U.S. Coast Guard and Federal Bureau of Investigation (FBI) agents last month boarded tankers to probe suspected cyber attacks on the vessels bound for the …
Read Full ArticleJapan’s Top LNG Buyer to Sell Excess Gas in Global Markets
The biggest Japanese LNG importer and largest power producer, JERA, plans to sell liquefied natural gas in the long term as part of a strategy …
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Sri Lanka invites explorers to assess four Mannar Basin blocks
The Sri Lankan government, through the PDASL, has invited qualified energy companies to assess four offshore exploration blocks in the Mannar Basin under its 2026 …
Read Full ArticleSaudi Arabia Pivots to Spot Oil Sales After Key Pipeline Goes Offline
So far this week, Saudi Arabia has sold as many as 20 million barrels of crude oil in the spot market to be picked up …
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