A Russian drone strike on a commercial vessel in Ukraine's Odesa region has killed five seafarers and injured 12 others in one of the deadliest single strikes on commercial shipping since the start of the war. According …
Artikel lesen →The UK’s borrowing costs have sailed past five per cent for only the third time since the onset of the Iran war, in a headache for Andy Burnham just days before he enters Downing Street. The yield on the UK’s 10-year …
Artikel lesen →Global liquefied natural gas (LNG) trade volumes increased 5.4% to a record 56.3 billion cubic feet per day last year (Bcf/d), driven largely by U.S. LNG export capacity expanding to meet growing demand, according to a …
Artikel lesen →Pakistan is on track to procure the most LNG cargoes on the spot market since the Iran war began as the re-escalation in the Strait of Hormuz threatens to disrupt anew term supplies from Qatar. State-controlled Pakistan …
Artikel lesen →Iran continues to export its oil despite last week’s cancellation of the U.S. waiver of its oil sales, Iranian Oil Minister, Mohsen Paknejad, said on Tuesday, as Tehran remains defiant and determined to control the …
Artikel lesen →Asian buyers are back to negotiating spot cargoes of U.S. crude oil after the expected recovery of flows through the Strait of Hormuz ground to a halt early this week with the latest re-escalation in the U.S.-Iran …
Artikel lesen →Some Chinese refiners have not nominated term crude cargoes from Saudi Arabia for August, while others have not been allocated any term supply for next month, as weak demand in China, competition from other producers, …
Artikel lesen →Brent Crude prices soared by 3% early on Tuesday to above $86 per barrel, following an Iranian attack on two tankers of the United Arab Emirates in the southern lane of the Strait of Hormuz, in one of the biggest …
Artikel lesen →Iran is estimated to have sneaked supertankers with a total of 12 million barrels of crude oil in the week between the end of the U.S. waiver on Iranian oil sales on July 7 and July 14, just as the U.S. announced the …
Artikel lesen →China’s crude oil imports crashed to a decade-low in June as the reduced flows through the Strait of Hormuz hiked oil prices and reduced refiners’ appetite for costly crude. Overall Chinese imports of crude oil plunged …
Artikel lesen →Oil prices extended Monday’s surge into Asian trade on Tuesday, with Brent Crude prices hitting a one-month high, as the renewed war risk premium crashed the calmer trade of the past weeks amid renewed U.S.-Iran …
Artikel lesen →Oil refiners have stumbled into one of the best profit environments in years. Crude prices have fallen back to where they traded before the Iran war erupted. But gasoline, diesel, and jet fuel remain stubbornly …
Artikel lesen →While the United States has been the world’s biggest consumer of oil for decades, it became the largest oil producer, too, back in 2018, and has retained that crown ever since. The shale revolution and the growth in the …
Artikel lesen →OPEC has trimmed its 2026 global oil demand growth forecast for the third straight month, even as crude production rebounds across the Gulf and tanker traffic slowly returns to the Strait of Hormuz. In its monthly oil …
Artikel lesen →As might be expected in the zero-sum game of global energy, there is much more than meets the eye to the acquisition by Abu Dhabi-headquartered international investment company XRG of an additional equity interest in …
Artikel lesen →While the Trump administration keeps pushing domestic energy addition through funding vehicles and executive orders aimed at grid reliability and AI-driven demand growth, two next-generation geothermal developers just …
Artikel lesen →The CEO of America’s largest utility, EXELON, foresees blackouts in the US in 2027. To boost power supply Calvin Butler wants states to allow his utility to build new power plants. Opponents will object, saying this …
Artikel lesen →Oil prices jumped more than 8% on Monday after U.S. President Donald Trump announced the United States would reinstate its blockade on Iran, forcing traders to once again price in the risk of prolonged disruption to …
Artikel lesen →The European Union will not impose sanctions on the head of the Russian Orthodox Church and the chief of Russia’s largest private oil company, after Bulgaria vetoed the proposal. Patriarch Kirill, a vocal supporter of …
Artikel lesen →The Middle East is once again at the center of global energy markets due to the renewed military confrontation involving Iran. Markets, however, should recognize that, unlike in previous crises, the world is entering …
Artikel lesen →An unconventional approach to nuclear energy production just got one step closer to reality. A prototype reactor canister just arrived at its installation site in Kansas, where it will soon be part of a proof of concept …
Artikel lesen →In recent years, California has grown increasingly progressive in its energy policy, shifting away from fossil fuels toward renewable alternatives. The state has invested heavily in developing its renewable energy …
Artikel lesen →In a closely contested presidential election in Colombia, controversial far-right candidate Abelardo de la Espriella emerged victorious. After an official recount, his opponent, left-wing senator Ivan Cepeda, conceded …
Artikel lesen →With Europe facing more frequent and hotter heatwaves, the uptake of air conditioning systems has soared across the region in recent years. This trend is driving energy demand and making it more difficult for countries …
Artikel lesen →Europe’s blistering heat wave is threatening energy security across the continent as power plants shut down and the risk of rolling blackouts rises. Electric grids are overstressed, and ecosystems are too. Rivers are …
Artikel lesen →Kazakhstan is growing more possessive of its petroleum products as a gasoline shortage tightens its grip in Russia and the US-Iran conflict reignites. Kazakh officials have established new police checkpoints on almost …
Artikel lesen →The energy grid operator has warned that the “extreme temperatures” from this week’s heatwave could hit power supplies on Thursday night, as households’ use of fans and air conditioner place a record strain on our …
Artikel lesen →The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 581, up 44 from this …
Artikel lesen →China isn't waiting for Namibia to become an oil producer. It's getting in early. During a state visit to Beijing this week, Namibia and China signed eight cooperation agreements covering energy, critical minerals, …
Artikel lesen →Renewed U.S.-Iran strikes have revived the Middle East risk premium, lifting Brent above $76 as traffic through the Strait of Hormuz slows and supply disruption fears return. Friday, July 10, 2026 The return of the …
Artikel lesen →Ukraine's sustained attacks on Russia's oil refineries immediately plunged Central Asian countries into energy chaos, highlighting years of short-term policy decisions that have left the region without a coordinated …
Artikel lesen →The United States remained the world's largest crude oil producer in 2025, according to our International Energy Statistics database, extending a streak that began in 2018 when the United States overtook Russia to …
Artikel lesen →U.S. petroleum exports reached a record in April as disruptions to international crude oil and refined product flows through the Strait of Hormuz increased global demand for U.S. exports. Exports increased to 13.6 …
Artikel lesen →Over the 250-year history of our nation, energy consumption has evolved from wood use in the 18th and 19th centuries to today's use of modern renewable, hydrocarbon, and nuclear technology. In 2025, total energy used in …
Artikel lesen →U.S. operable atmospheric distillation capacity, the primary measure of refinery capacity, totaled 18.2 million barrels per calendar day (b/cd) on January 1, 2026-down over 250,000 b/cd (about 1%) compared with January …
Artikel lesen →An increase in electricity generation from small-scale solar in New York has decreased the midday demand for metered electricity, amid overall declining load in the state. The trend is particularly notable in the early …
Artikel lesen →For the week ending June 19, 2026, U.S. refineries processed 17.1 million barrels per day (b/d) of crude oil, down 81,000 b/d from the previous week, and they operated at 96.1% capacity utilization. Gasoline production …
Artikel lesen →On April 28, 2026, the United Arab Emirates (UAE) announced that it was leaving OPEC, effective on May 1. OPEC was formed in 1960 by Iraq, Iran, Kuwait, Saudi Arabia, and Venezuela, with the stated objective to …
Artikel lesen →The Permian region's marketed natural gas production grew from 17.2 billion cubic feet per day (Bcf/d) in 2021 to 27.6 Bcf/d in 2025, a 60% increase, according to data from our latest Short Term Energy Outlook. Over the …
Artikel lesen →In the first five months of 2026, utility-scale solar generation surpassed natural gas generation in CAISO. Solar electricity generation in the California Independent System Operator (CAISO) over the first five months …
Artikel lesen →The SunZia Wind Project, the largest wind farm in the United States, is slated to begin commercial operations this month. The wind farm, located in New Mexico, has a total net summer generating capacity of 3,650 …
Artikel lesen →Compliance credits for biomass-based diesel and ethanol have doubled in value since the start of this year. The credits, known as renewable identification numbers (RINs), have increased in price, mostly because of …
Artikel lesen →Weekly estimates suggest U.S. jet fuel production has increased to record highs in response to elevated jet fuel prices after the Strait of Hormuz closed on February 28. Higher crude oil prices and supply concerns, …
Artikel lesen →From 2016 to 2024, China's nuclear generation capacity increased 76% (24 GW), based on our International Energy Statistics (IES) data. According to the International Atomic Energy Agency's Power Reactor Information …
Artikel lesen →Underground working natural gas storage capacity in the Lower 48 states increased slightly in 2025, according to our latest data, with growth concentrated in the South Central and Mountain regions. Underground natural …
Artikel lesen →Monthly average natural gas spot prices in California reached record lows in the first five months of 2026, dropping to values last recorded in the nationwide low-price market of 2024. Record lows were recorded in …
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