U.S. Administration Eyes Venezuela’s Critical Minerals
After signing what President Donald Trump touted as “the biggest oil deal in world history” to take majority control of 65 billion barrels of proven …
Read Full ArticleBritain Can Save £500 by Scrapping Net Zero, If It Ignores Most of the Bill
A new British report offers households an attractive deal: abandon net zero and save more than £500 a year. At a time of painfully high …
Read Full ArticleBelarus Refineries Post Decade-High Profits Amid Russia's Fuel Crisis
Belarusian oil refineries recorded their highest profitability in a decade in 2026, according to the independent Pozirk news agency, as Russia's refining crisis pushed record …
Read Full ArticleU.S. Moves to Isolate Iran’s Aviation Sector From the Global Economy
The United States has imposed sanctions on all of Iran's remaining active airlines, sharply escalating pressure on Tehran's aviation sector as part of a broader …
Read Full ArticleUganda Launches New Crude Grade as First Oil Exports Near
Uganda is approaching its entry into the oil export market, but getting its new Pearl Sweet grade to buyers will be harder than its low …
Read Full ArticleGoogle Bets €13 Billion on Finland to Power AI Boom With Nuclear Energy
Google will invest at least €13 billion ($15.1 billion) in Finnish AI infrastructure over 2027 and 2028 and has signed a 22-year power purchase agreement …
Read Full ArticleBank of England Warns Iran War Could Push UK Inflation Above 4%
Bank of England governor Andrew Bailey has warned inflationary pressures are still buffeting the UK economy and energy prices could rise further next year if …
Read Full ArticleExxonMobil, ANPG Notch 20th Discovery in Angola's Block 15
Angola's National Oil, Gas and Biofuels Agency, ExxonMobil and its Block 15 partners confirmed a new oil discovery at the Vicango Este-01 well on Wednesday, …
Read Full ArticleCopper Hits Record Highs While Smelters Lose Money on Every Ton
Copper is trading at record prices, and the people who turn raw ore into usable metal can't make money doing it. That's the copper market …
Read Full ArticleUkraine Targets Russia's Key Black Sea Oil Port
Ukraine hit with drones overnight on Wednesday infrastructure in Novorossiysk, which is Russia’s key oil terminal in the Black Sea, in attacks that killed four …
Read Full ArticleCalifornia Heat Wave Tests Grid as Power Demand Surges
The National Weather Service has issued heat advisories across California's Central Valley and coastal areas, including the Bay Area and Los Angeles, with more severe …
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Saipem wins Osman Gazi FPU commissioning contract in Türkiye
Saipem has secured a contract from GOE Petrol Sanayi to provide commissioning services for the Osman Gazi FPU, which will serve the Sakarya gas field …
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