China’s Oil Imports Set to Rebound as Refiners Hunt for New Supply
Crude oil imports into China are set to rise by about 1.2 million barrels per day in the final quarter of the year from the …
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Continental signs HoA for 50% stake in Phoenix from Mercuria
US-based Continental Resources has signed a heads of agreement (HoA) to acquire a 50% interest in Phoenix Global Resources, an independent upstream oil and gas …
Read Full ArticleAustralia’s Beetaloo Shale Basin Is About to Start Pumping Gas
First gas from Australia’s Beetaloo shale basin is scheduled to start flowing next month, with initial production of 37 million cu m, Reuters has reported, …
Read Full ArticleOil Prices Head for Second Straight Weekly Gain as Iran Risks Mount
Crude oil prices were on course to book a second consecutive weekly gain as the prospects of peace in the Middle East dimmed further amid …
Read Full ArticleBrazil’s New Oil Frontier Could Keep Its Boom Alive For Decades
Brazilian President Luiz Inácio Lula da Silva has hailed a new offshore oil discovery by Petrobras (NYSE: PBR) near the mouth of the Amazon River …
Read Full ArticleHouthis Move to Gain Complete Control Over Crucial Bab el-Mandeb Oil Chokepoint
The Yemeni Houthis are planning to seize land along the Yemeni coast in the Bab el-Mandeb Strait, tightening their control of the chokepoint. The information …
Read Full ArticleHormuz Oil Crisis Accelerates Global EV Sales
Global electric vehicle sales have surged this year following the oil supply disruption in the Middle East and the second oil price shock in four …
Read Full ArticleWashington Eases Gasoline Rules as Iran Pressure Campaign Jolts Fuel Costs
Washington is tightening the screws on Iran and loosening the rules on gasoline at the same time as Americans are paying more than $4 a …
Read Full ArticleHow Solar Panel Prices Fell 90 Percent In 15 Years
Solar power is far and away the world’s fastest-growing form of energy production, beating out every other form of energy on Earth in 2025. Despite …
Read Full ArticleEurope’s Energy Reserves Worked. The Next Test Will Be Harder
Europe has discovered something unusual during the latest energy crisis: its emergency system actually works. The closure of the Strait of Hormuz removed or disrupted …
Read Full ArticleChina Is Squeezing India Out of Russia’s Oil Trade
China is buying more Russian oil to replace missing Iranian barrels. The problem for India is that some of those Russian barrels used to be …
Read Full ArticleKazakhstan Caught in the Middle of the U.S.-China AI Rivalry
Kazakhstan and, to a lesser extent, Uzbekistan and other Central Asian states are finding themselves caught in the middle of a deepening struggle between the …
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