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Energy Supply
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French Presidential Palace confirmed: Saudi Arabia pledged to continue increasing diesel supply to France, following previous agreements with Saudi Arabia, UAE, and Bahrain for a total of 295,000 tons of additional monthly supply.
The French presidential palace confirmed on Wednesday, local time, that Saudi Arabia has agreed to continuously increase diesel supplies if needed. Previously, France had finalized or advanced arrange
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IEA warns: Global diesel supply crunch may persist until 2027, refining margins hit record $95/barrel
The International Energy Agency (IEA) has warned that global diesel supply tightness could persist until 2027 due to conflicts in the Middle East and Ukraine. Diesel refining margins have already hit
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The U.S. Gulf of Mexico has shut down 71.5% of its oil production and 58.8% of its natural gas production due to severe weather.
The Bureau of Ocean Energy Management reported that 71.5% of the average daily oil production and 58.8% of natural gas production in the U.S. Gulf of Mexico were shut down due to severe weather. Perso
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German government spokesperson says it continues to see U.S. as reliable supplier of fuel
German government spokesperson says it continues to see U.S. as reliable supplier of fuel
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US urges Europe to immediately release diesel reserves as Iran war pushes oil prices to record levels
The US urged Europe to immediately release diesel reserves as the Iran war pushed oil prices to record levels. US Treasury Secretary Scott Bessent said on Thursday that European partners should accele
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Chile's largest oil refinery will partially halt operations for maintenance, potentially exacerbating the global diesel supply crunch.
Chile's National Oil Company (ENAP) will shut down part of the country's largest refinery for maintenance, a move that could further exacerbate diesel shortages amid persistent tightness in global fue
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Mitsubishi, Shell to double LNG Canada capacity in boost to Asian supplies
Japanese trading house Mitsubishi Corp. and partners including Shell will double the production capacity of a major Canadian liquefied natural gas (LNG) project. This move aims to strengthen energy su
-
Pakistan urges Iran to protect energy supplies and shipping, as high-ranking officials from both countries are set to meet.
Pakistan's Deputy Prime Minister and Foreign Minister, Ishaq Dar, spoke with Iranian Foreign Minister Abbas Araghchi on Saturday, emphasizing the importance of uninterrupted energy supplies and the sa
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Al Jazeera: Middle East conflict causes living costs to soar for 2 billion people in South Asia, disrupts energy supplies in multiple countries.
Al Jazeera reports that the escalating conflict in the Middle East is causing a worsening cost-of-living crisis for a quarter of the world's population, approximately 2 billion people in South Asia. C
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European natural gas prices jumped 6% at Monday's open, as the shutdown of a Saudi oil pipeline intensified concerns about Middle East energy supplies.
European benchmark natural gas prices surged 6% at the open on Monday in Amsterdam, reaching $97.31 per megawatt-hour (€84.275), the highest level since the 2022-2023 energy crisis and surpassing pric
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AI data centers are forced to revert to steam boiler solutions until 2030 due to gas turbine shortages, with B&W having signed a $2.4 billion contract to build a 1.2 GW facility for Applied Digital.
AI data centers are being forced to revert to steam boiler solutions until 2030 due to a shortage of gas turbines, with B&W having already signed a $2.4 billion deal to build a 1.2 GW facility for App
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Moniz Warns: US Refineries Enter Autumn Maintenance Season, Global Supply of Refined Fuels Like Diesel May Face Additional Pressure
Former U.S. Energy Secretary Ernest Moniz warned that the tight global supply of diesel and other refined fuels could face additional pressure as U.S. refineries, already operating near full capacity,
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The Wall Street Journal: Iran's hardliners have completed a strategic shift, secretly rearming and preparing for "a new round of confrontation," raising risks to global energy supplies.
According to an August 16 report by The Wall Street Journal, intercepted intelligence indicates that after signing a memorandum of understanding (MOU) with the United States, and due to the U.S. "brea
-
Japan to provide financial and technical support for infrastructure recovery in Persian Gulf nations damaged by the U.S.-Iran war, aiming to ensure stable energy supply.
Japan's support will focus on helping rebuild oil and power facilities in countries like the United Arab Emirates, where petroleum production infrastructure has been damaged.
-
Water levels in the Danube have hit a record low, forcing the shutdown of Hungary’s only nuclear power plant; a nuclear reactor in Romania has also been shut down.
Hungarian Prime Minister Péter Magyar stated that due to record-low water levels in the Danube River, the country’s only nuclear power plant, Paks, will be forced to shut down completely for the first
-
French Presidential Palace confirmed: Saudi Arabia pledged to continue increasing diesel supply to France, following previous agreements with Saudi Arabia, UAE, and Bahrain for a total of 295,000 tons of additional monthly supply.
The French presidential palace confirmed on Wednesday, local time, that Saudi Arabia has agreed to continuously increase diesel supplies if needed. Previously, France had finalized or advanced arrange
-
IEA warns: Global diesel supply crunch may persist until 2027, refining margins hit record $95/barrel
The International Energy Agency (IEA) has warned that global diesel supply tightness could persist until 2027 due to conflicts in the Middle East and Ukraine. Diesel refining margins have already hit
-
The U.S. Gulf of Mexico has shut down 71.5% of its oil production and 58.8% of its natural gas production due to severe weather.
The Bureau of Ocean Energy Management reported that 71.5% of the average daily oil production and 58.8% of natural gas production in the U.S. Gulf of Mexico were shut down due to severe weather. Perso
-
German government spokesperson says it continues to see U.S. as reliable supplier of fuel
German government spokesperson says it continues to see U.S. as reliable supplier of fuel
-
US urges Europe to immediately release diesel reserves as Iran war pushes oil prices to record levels
The US urged Europe to immediately release diesel reserves as the Iran war pushed oil prices to record levels. US Treasury Secretary Scott Bessent said on Thursday that European partners should accele
-
Chile's largest oil refinery will partially halt operations for maintenance, potentially exacerbating the global diesel supply crunch.
Chile's National Oil Company (ENAP) will shut down part of the country's largest refinery for maintenance, a move that could further exacerbate diesel shortages amid persistent tightness in global fue
-
Mitsubishi, Shell to double LNG Canada capacity in boost to Asian supplies
Japanese trading house Mitsubishi Corp. and partners including Shell will double the production capacity of a major Canadian liquefied natural gas (LNG) project. This move aims to strengthen energy su
-
Pakistan urges Iran to protect energy supplies and shipping, as high-ranking officials from both countries are set to meet.
Pakistan's Deputy Prime Minister and Foreign Minister, Ishaq Dar, spoke with Iranian Foreign Minister Abbas Araghchi on Saturday, emphasizing the importance of uninterrupted energy supplies and the sa
-
Al Jazeera: Middle East conflict causes living costs to soar for 2 billion people in South Asia, disrupts energy supplies in multiple countries.
Al Jazeera reports that the escalating conflict in the Middle East is causing a worsening cost-of-living crisis for a quarter of the world's population, approximately 2 billion people in South Asia. C
-
European natural gas prices jumped 6% at Monday's open, as the shutdown of a Saudi oil pipeline intensified concerns about Middle East energy supplies.
European benchmark natural gas prices surged 6% at the open on Monday in Amsterdam, reaching $97.31 per megawatt-hour (€84.275), the highest level since the 2022-2023 energy crisis and surpassing pric
-
AI data centers are forced to revert to steam boiler solutions until 2030 due to gas turbine shortages, with B&W having signed a $2.4 billion contract to build a 1.2 GW facility for Applied Digital.
AI data centers are being forced to revert to steam boiler solutions until 2030 due to a shortage of gas turbines, with B&W having already signed a $2.4 billion deal to build a 1.2 GW facility for App
-
Moniz Warns: US Refineries Enter Autumn Maintenance Season, Global Supply of Refined Fuels Like Diesel May Face Additional Pressure
Former U.S. Energy Secretary Ernest Moniz warned that the tight global supply of diesel and other refined fuels could face additional pressure as U.S. refineries, already operating near full capacity,
-
The Wall Street Journal: Iran's hardliners have completed a strategic shift, secretly rearming and preparing for "a new round of confrontation," raising risks to global energy supplies.
According to an August 16 report by The Wall Street Journal, intercepted intelligence indicates that after signing a memorandum of understanding (MOU) with the United States, and due to the U.S. "brea
-
Japan to provide financial and technical support for infrastructure recovery in Persian Gulf nations damaged by the U.S.-Iran war, aiming to ensure stable energy supply.
Japan's support will focus on helping rebuild oil and power facilities in countries like the United Arab Emirates, where petroleum production infrastructure has been damaged.
-
Water levels in the Danube have hit a record low, forcing the shutdown of Hungary’s only nuclear power plant; a nuclear reactor in Romania has also been shut down.
Hungarian Prime Minister Péter Magyar stated that due to record-low water levels in the Danube River, the country’s only nuclear power plant, Paks, will be forced to shut down completely for the first
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Energy Supply
24H Trending
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1
Bank of China Dubai Branch's RMB 2 billion Magnolia Bond listed on Nasdaq Dubai
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2
Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
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3
Binance has launched the "Earn Arena" limited-time event, offering an Annual Percentage Rate (APR) of up to 35%.
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4
Tang Yu-hsien, Head of Asia Rates and FX Strategy at JPMorgan Private Bank, stated in an interview that after the recent sell-off, gold still faces further downside risks due to persistently thin liquidity and room for interest rates to rise.
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5
OKX to discontinue spot margin trading in Futures mode
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6
BNP Paribas CIB Chairman says European clients became more active last quarter, helping fuel a jump in revenue at the corporate and investment bank.
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7
Global Mainstream Cryptocurrency Exchange Landscape and Characteristics Analysis
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8
JPMorgan Asset Management China ETF reaches fundraising cap
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Chinese refineries are sourcing crude oil from West Africa and Brazil, as falling long-haul freight costs reduce expenses, providing them with more supply options amid increasing competition for Russian crude.
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10
Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
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