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Energy Security
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Frontline Ltd. achieved record quarterly profit in Q2 2026, driven by increased VLCC exposure and market inefficiencies.
The company's management noted that market strength is fueled by extreme trade inefficiencies, including a 23% increase in idling days per VLCC, despite an 82% reduction in crude oil exports from the
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The U.S. Army plans to invest $2.2 billion to deploy small nuclear reactors to power five military bases.
The move is aimed at accelerating the U.S. government's efforts to boost the nuclear industry to ensure energy security and independence for military bases.
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Japan to support oil pipelines bypassing Strait of Hormuz to bolster energy security
The Japanese government aims to diversify oil import routes. Prime Minister Sanae Takaichi will announce the strategy at the Green Transformation Implementation Council meeting this Wednesday.
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Norway plans to further develop Arctic oil and gas resources, its energy minister said on Monday, as the European Union re-evaluates its Arctic drilling ban due to energy security concerns.
Norway will continue to develop its Arctic oil and gas resources, Norwegian Energy Minister Terje Aasland said on Monday, despite previous European Union support for a ban on new fossil fuel projects
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India's reliance on Russian oil hits an all-time high, exposing New Delhi's energy security vulnerabilities amid the Middle East conflict.
India's reliance on Russian oil hits an all-time high, exposing New Delhi's energy security vulnerabilities amid the Middle East conflict.
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Geopolitical crises are reshaping the global energy landscape, with the United States, Norway, and Canada vying to increase investment in fossil fuels, as energy security takes precedence over climate goals.
Global major oil-producing nations are re-evaluating their energy transition strategies, influenced by geopolitical tensions in areas such as the Strait of Hormuz. US shale oil producers have signific
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Guyana's oil production has reached nearly one million barrels per day and is expected to increase to 1.9 million barrels per day by 2030.
Guyana, a South American nation, has rapidly emerged as a major oil exporter, with daily production currently approaching 1 million barrels (888,000 barrels as of the end of May 2026), making it South
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Macquarie Predicts China to Tap Commercial Oil Reserves from Q3 2026
Macquarie predicts China's state-owned refiners could begin accessing commercial oil reserves from Q3 2026. This move is expected to support refining margins and benefit Sinopec. The firm also anticip
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Iranian President Masoud Pezeshkian stated that the global energy security situation is facing grave challenges amid the US-Israel war on Iran. He made these remarks while addressing the 8th summit of heads of state of the Gas Exporting Countries Forum in Moscow.
Iranian President Masoud Pezeshkian stated that the global energy security situation is facing grave challenges amid the US-Israel war on Iran. He made these remarks while addressing the 8th summit of
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Singapore and Saudi Aramco have agreed to store Saudi oil in rock caverns, aiming to secure energy supplies for Southeast Asia amid disruption from the Middle East war.
Singapore and Saudi Aramco have agreed to store Saudi oil in rock caverns, aiming to secure energy supplies for Southeast Asia amid disruption from the Middle East war.
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Singapore Prime Minister Lawrence Wong pledged to increase support for workers and families, stating that the government would intensify efforts to ensure energy supply security and attract investments in response to growing global uncertainties.
Singapore Prime Minister Lawrence Wong pledged to increase support for workers and families, stating that the government would intensify efforts to ensure energy supply security and attract investment
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Indonesia begins cutting pipeline gas exports to Singapore
Indonesia has begun to reduce pipeline natural gas exports to Singapore, aiming to bolster domestic supply and strengthen energy security in Southeast Asia's largest economy.
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Germany's gas market operator THE has signed additional gas supply contracts worth nearly 245 million euros to secure winter supply, as inventories are significantly lower than in the same period last year.
Germany's gas market operator, Trading Hub Europe (THE), has disclosed that it has spent nearly 245 million euros (approximately $274 million) on additional gas supply contracts to secure winter suppl
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French President Macron arrives in Kuwait, beginning his four-nation Gulf tour.
French President Emmanuel Macron has arrived in Kuwait, beginning a three-day, four-nation tour of the Gulf region that will also include visits to the UAE, Bahrain, and Qatar. He is expected to hold
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Iranian Navy says an oil tanker caught fire and lost power in the Gulf of Oman.
Iran's state broadcaster IRIB reported on Saturday that the Iranian Navy stated a tanker caught fire and lost power in the Gulf of Oman. The statement said other countries "should coordinate with (Ira
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Japan's Chiyoda Corporation will help the Philippines build oil storage facilities.
Japan's Chiyoda Corporation is assisting the Philippines in building oil reserve facilities. This follows a past incident where the Philippines declared a national energy emergency due to insufficient
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Japan-led Asia Zero Emission Community (AZEC) agreed to strengthen oil reserves among member states in response to the unstable situation in the Middle East.
The Japan-led Asia Zero Emission Community (AZEC) agreed at a meeting in Manila on Thursday to strengthen oil reserves among member states in response to increasing instability in the Middle East. Thi
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Saudi Arabia and the UAE will support a Japan-led initiative to enhance Asia's oil reserves.
Saudi Arabia and the UAE will support a Japanese-led initiative to boost Asia's oil reserves, following supply disruptions caused by the war that have heightened energy security concerns.
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Indian Billionaire Ambani's Reliance Becomes Top Venezuelan Oil Buyer Outside U.S.
Reliance Industries, owned by Indian billionaire Mukesh Ambani and a firm investing in a U.S. oil refinery project proposed by Donald Trump, has emerged as the largest buyer of Venezuelan crude outsid
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Japan to help Hormuz-dependent Philippines bolster oil reserves under agreement to be signed Thursday
Japan to help Hormuz-dependent Philippines bolster oil reserves under agreement to be signed Thursday
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Southeast Asian energy ministers are meeting this week to discuss regional energy security against the backdrop of the war in Iran.
Energy ministers from the Association of Southeast Asian Nations (ASEAN) will meet this Wednesday and Thursday in Manila, Philippines, to discuss regional energy security. The meeting comes as the reg
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South Korean Industry Minister Kim Jung-kwan: The Alaska LNG project holds strategic value for South Korea's energy security, but participation must be economically viable.
South Korean Industry Minister Kim Jung-kwan stated on Tuesday during a parliamentary audit that the proposed Alaska LNG project holds additional strategic value for South Korea's energy security, esp
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Trump says South Korea deal now includes $8.4 billion enhanced oil recovery project to increase U.S. oil and gas production, strengthening domestic energy security
Trump says South Korea deal now includes $8.4 billion enhanced oil recovery project to increase U.S. oil and gas production, strengthening domestic energy security
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Japan's JERA Establishes Oil Storage Company
Japan's largest power producer, JERA, has established a company dedicated to managing the nation's oil reserves. This move comes as energy security and petroleum stockpiling gain importance due to the
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Europe’s Wind Turbine Makers Find Haven Amid Global Energy Turmoil, Fending Off Chinese Rivals
The region’s manufacturers are fending off Chinese rivals as security of supply remains high on the political agenda.
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G7 Calls on Iran to Stop Arming Yemen's Houthis, Says Attacks on Saudi Arabia Threaten Global Energy Security
G7 foreign ministers stated in a joint communiqué that Iran must "end its arming and support of the Houthis in Yemen" and condemned Houthi attacks on Saudi Arabia "in the strongest terms." The G7 note
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G20 Energy Ministers' Meeting reached four consensuses aimed at advancing energy access, infrastructure development, water resilience, and supply chain security.
G20 Energy Ministers concluded their Energy Abundance Ministerial Meeting in Houston on September 16, reaching a consensus on four outcomes to advance energy access, infrastructure development, water
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US Deputy Energy Secretary James Danly Discusses Bolstering Asia's Energy Security Amid Surging Costs at Gastech Bangkok 2026
US Deputy Energy Secretary James Danly Discusses Bolstering Asia's Energy Security Amid Surging Costs at Gastech Bangkok 2026
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Japan to Fund Overseas Biofuel Projects to Enhance Domestic Energy Security and Reduce Fossil Fuel Dependence
Japan's government plans to co-invest in overseas biomass fuel projects with private companies, aiming to diversify energy sources away from fossil fuels, Nikkei has learned.
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Chinese Energy Giants Tap Brazil for Imports, Oil Field Exploration
China's three major state-owned petroleum companies are diversifying crude oil sourcing and ramping up domestic and overseas production in joint efforts with the government to bolster energy security
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Asian Economies Accelerate Domestic Oil and Gas Storage Expansion After Strait of Hormuz Crisis, with Japan, India, South Korea, and China Unveiling Specific Plans
Asian economies are increasing their oil and gas storage capacity closer to home to reduce reliance on Middle East conflicts. Japan launched a $10 billion POWERR Asia initiative to help Southeast Asia
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South Korean and Japanese business groups agree to deepen cooperation in supply chains, energy security, and emerging industries
The Korea Chamber of Commerce and Industry (KCCI) and the Japan Chamber of Commerce and Industry (JCCI) held their 15th leaders’ meeting, where KCCI Chairman Chey Tae-won called for broader economic i
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Energy Security
24H Trending
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Ecolab Inc. (ECL) Q3 Earnings Report EPS: $2.18, market expectation $2.18 Revenue: $4.69 billion, market expectation $4.7 billion Reporting Period: Q3 FY2026 (ended September 30, 2026) Release Date: October 27, 2026
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SK Hynix is up 6.86% from its previous close, now trading at ₩1,433,000.
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Galaxy Digital (GLXY) Q3 Earnings Report EPS: $0.83, market expectation $0.28 Revenue: $8.69 billion, market expectation $8.74 billion Reporting Period: FY2026 Q3 (ended September 30, 2026) Release Date: October 27, 2026
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Freeport-McMoRan Inc. (FCX) Q3 Earnings Report EPS: $0.88, market expectation $0.82 Revenue: $7.55 billion, market expectation $7.36 billion Reporting Period: Q3 FY2026 (ended September 30, 2026) Release Date: October 27, 2026
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South Korea's KOSPI index rose 5.18% from its previous close, now at 5,930.51.
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South Korea's KOSPI index rose 6.16% from its previous close, now at 5,985.55.
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How Chinese Mainland Users Participate in Bitcoin Trading: Current Status, Risks, and Compliance Paths
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Corning Inc (GLW) Q3 Earnings Report EPS: $0.91, Market Expectation $0.88 Revenue: $5.08 billion, Market Expectation $5.03 billion Reporting Period: FY2026 Q3 (ended September 30, 2026) Release Date: October 27, 2026
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Binance Brazil applies for license, restricts services, and delists tokens
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Binance market analyst Maartunn stated that the exchange has listed 227 new futures trading pairs year-to-date in 2026
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