Amid weakened global demand, the rise of U.S. shale oil, and internal divisions, OPEC+ seeks to preserve its influence on prices while adapting its production strategy.
Amid weakened global demand, the rise of U.S. shale oil, and internal divisions, OPEC+ seeks to preserve its influence on prices while adapting its production strategy.
The unexpected growth in Iranian oil exports, combined with slowing Chinese demand, disrupts the global tanker market as sanctioned fleets capture a growing share of maritime trade.
The unexpected growth in Iranian oil exports, combined with slowing Chinese demand, disrupts the global tanker market as sanctioned fleets capture a growing share of maritime trade.
The Trump administration considers sanctions against Iraq to limit Iranian influence. These measures could redefine the geopolitical and economic dynamics of the global energy market.
The Trump administration considers sanctions against Iraq to limit Iranian influence. These measures could redefine the geopolitical and economic dynamics of the global energy market.
Oil prices edge slightly lower ahead of the key OPEC+ meeting, while the Bank of Korea shocks markets with a second consecutive rate cut, signaling significant economic challenges in Asia.
Oil prices edge slightly lower ahead of the key OPEC+ meeting, while the Bank of Korea shocks markets with a second consecutive rate cut, signaling significant economic challenges in Asia.
The new HPCL Rajasthan Refinery Ltd. integrated refinery is set to transform India's petrochemical sector. With an annual capacity of 9 million tons, it aims to reduce petrochemical imports and increase refining margins.
The new HPCL Rajasthan Refinery Ltd. integrated refinery is set to transform India's petrochemical sector. With an annual capacity of 9 million tons, it aims to reduce petrochemical imports and increase refining margins.
Venture Global has initiated LNG sales for early 2025 from the Plaquemines terminal, marking a key milestone in U.S. market expansion despite challenges at Calcasieu Pass.
Venture Global has initiated LNG sales for early 2025 from the Plaquemines terminal, marking a key milestone in U.S. market expansion despite challenges at Calcasieu Pass.
New Zealand's final carbon auction of 2024, scheduled for December 4, is expected to see partial clearance, with prices exceeding NZ$64/tCO2e and an anticipated increase for 2025.
New Zealand's final carbon auction of 2024, scheduled for December 4, is expected to see partial clearance, with prices exceeding NZ$64/tCO2e and an anticipated increase for 2025.
The South Korean government extends tax cuts on liquefied natural gas (LNG) and coal until June 2024 to ease losses faced by energy companies and maintain affordable tariffs despite inflationary pressures.
The South Korean government extends tax cuts on liquefied natural gas (LNG) and coal until June 2024 to ease losses faced by energy companies and maintain affordable tariffs despite inflationary pressures.
The National Financial Prosecutor's Office is investigating suspicions of public fund misappropriation involving EDF. Material benefits were allegedly granted to its former executives without any legal framework over several years.
The National Financial Prosecutor's Office is investigating suspicions of public fund misappropriation involving EDF. Material benefits were allegedly granted to its former executives without any legal framework over several years.
Masdar strengthens its global energy portfolio with the acquisition of 70% of TERNA ENERGY, marking a key step in the strategic transfer of assets for Europe’s energy transition.
Masdar strengthens its global energy portfolio with the acquisition of 70% of TERNA ENERGY, marking a key step in the strategic transfer of assets for Europe’s energy transition.
Serbia ends a 35-year moratorium on civil nuclear energy. This historic decision paves the way for nuclear power plants, marking a strategic shift for a country heavily reliant on coal.
Serbia ends a 35-year moratorium on civil nuclear energy. This historic decision paves the way for nuclear power plants, marking a strategic shift for a country heavily reliant on coal.
China General Nuclear Power Corporation (CGN), in partnership with Africa Policy Institute, publishes a report detailing the contribution of mining companies to Namibia's economic and social progress while exploring their challenges and opportunities.
China General Nuclear Power Corporation (CGN), in partnership with Africa Policy Institute, publishes a report detailing the contribution of mining companies to Namibia's economic and social progress while exploring their challenges and opportunities.
The American bank anticipates a decline in Brent crude oil prices to $76 per barrel in 2025, driven by an oversupply in the global oil market, despite ongoing geopolitical tensions.
The American bank anticipates a decline in Brent crude oil prices to $76 per barrel in 2025, driven by an oversupply in the global oil market, despite ongoing geopolitical tensions.
TotalEnergies strengthens its strategy in South Africa with an environmental impact study for the Deep Water Orange Basin block, a strategic offshore area, despite persistent environmental controversies.
TotalEnergies strengthens its strategy in South Africa with an environmental impact study for the Deep Water Orange Basin block, a strategic offshore area, despite persistent environmental controversies.
RIC Energy, a pioneer in renewable energy, secures its first authorization for a green hydrogen plant in Valladolid, marking a milestone in Castile and León's energy transition.
RIC Energy, a pioneer in renewable energy, secures its first authorization for a green hydrogen plant in Valladolid, marking a milestone in Castile and León's energy transition.
Maxeon Solar Technologies announces a strategic restructuring of its business portfolio, refocusing its operations on the U.S. market while transferring its international activities to the TCL Group.
Maxeon Solar Technologies announces a strategic restructuring of its business portfolio, refocusing its operations on the U.S. market while transferring its international activities to the TCL Group.
Sonnedix celebrates a major milestone with the inauguration of its Betierra project, a 150 MW solar park in Spain, reaching a total capacity of 1 GW, strengthening its key role in the energy transition.
Sonnedix celebrates a major milestone with the inauguration of its Betierra project, a 150 MW solar park in Spain, reaching a total capacity of 1 GW, strengthening its key role in the energy transition.
Following an unexpected outage due to a control system issue, Woodside Energy's Pluto LNG site is preparing for a safe resumption of operations, while the neighboring Karratha Gas Plant continues normal activities.
Following an unexpected outage due to a control system issue, Woodside Energy's Pluto LNG site is preparing for a safe resumption of operations, while the neighboring Karratha Gas Plant continues normal activities.
The Australian company Hartshead Resources plans to revise its development plan for the Anning and Somerville gas fields, with an alternative export route now available under new UK fiscal terms.
The Australian company Hartshead Resources plans to revise its development plan for the Anning and Somerville gas fields, with an alternative export route now available under new UK fiscal terms.
While Washington imposes sanctions on Venezuelan officials for human rights violations, maintaining oil licenses underscores the delicate balance of its energy diplomacy.
While Washington imposes sanctions on Venezuelan officials for human rights violations, maintaining oil licenses underscores the delicate balance of its energy diplomacy.
Iran has activated thousands of advanced centrifuges to enrich uranium up to 60%, defying a recent resolution by the International Atomic Energy Agency (IAEA) criticizing its lack of cooperation.
Iran has activated thousands of advanced centrifuges to enrich uranium up to 60%, defying a recent resolution by the International Atomic Energy Agency (IAEA) criticizing its lack of cooperation.
Primary Hydrogen Corp. announces the acquisition of two natural hydrogen exploration projects in Newfoundland and Labrador, strengthening its portfolio with a strategy focused on geological formations conducive to natural hydrogen production.
Primary Hydrogen Corp. announces the acquisition of two natural hydrogen exploration projects in Newfoundland and Labrador, strengthening its portfolio with a strategy focused on geological formations conducive to natural hydrogen production.
