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Energy
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The U.S. is seeking to persuade India's Reliance Industries to refine more Venezuelan crude oil to increase market supply and counter the impact of the conflict in Iran.
The U.S. is seeking to persuade India's Reliance Industries to refine more Venezuelan crude oil to increase market supply and counter the impact of the conflict in Iran.
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Russia hits energy facility in Kyiv, mayor says
Russia hits energy facility in Kyiv, mayor says
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Yin Tongyue, Chairman of Chery Automobile, announced the company's entry into the "Yaoguang 2035" strategic phase, expanding its business into areas such as energy, Robotaxi, robotics, and smart agricultural machinery.
Yin Tongyue, Chairman of Chery Automobile, announced the company's entry into the "Yaoguang 2035" strategic phase, expanding its business into areas such as energy, Robotaxi, robotics, and smart agric
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Storm "Austin" to hit Europe, potentially boosting wind power and easing electricity cost pressures from surging natural gas prices.
Storm "Austin" to hit Europe, potentially boosting wind power and easing electricity cost pressures from surging natural gas prices.
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Halliburton Predicts Multi-Year Demand Growth for Oil Field Services Amid Middle East Energy Infrastructure Rebuilding
Halliburton Co. expects years of growing demand for oil field services, as Chief Executive Officer Jeff Miller stated in the company’s quarterly earnings statement on Tuesday. Miller noted that the wo
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Qatar says it continues to mediate US-Iran talks, as Iran proposes a peace plan including reopening the Strait of Hormuz.
Majed al-Ansari, spokesperson for Qatar's Ministry of Foreign Affairs, stated that Qatar is continuing to mediate negotiations between Washington and Tehran to end the US-Israeli war against Iran, and
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Iran's First Vice President: Iran-Tajikistan Trade Grows 50% Despite Regional Conflicts
Iran's First Vice President Mohammad-Reza Aref announced that trade between Iran and Tajikistan has increased by 50% despite regional conflicts. Following high-level talks with Tajik President Emomali
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Asian LNG Prices Jump to Highest in Almost Four Years on Tanker Strikes
The rise comes as attacks on tankers in the Middle East damped hopes for a recovery in exports from the war-torn region.
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Trump again denies Zelenskyy's negotiation authority, reveals he has "negotiated" with Putin on Ukraine, diesel supply, and Iran.
Local time, on the afternoon of October 19, former US President Donald Trump told the media at the White House that he believes someone other than Ukrainian President Volodymyr Zelenskyy should repres
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Venezuelan-owned US refiner Citgo raises 2026 operating profit outlook by $2 billion on surging fuel margins.
Venezuelan-owned US refiner Citgo raises 2026 operating profit outlook by $2 billion on surging fuel margins.
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Al Jazeera Analysis: Cost of Living in France, Italy, Spain, and Portugal Has Risen Sharply Since 2000
According to an Al Jazeera analysis, prices in France, Italy, Spain, and Portugal have risen by 59% to 78% since 2000, with Spain seeing the largest increase at 78%. In 2022, all four countries record
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RUSSIA'S LAVROV: WE ARE NOT INTERESTED IN ENERGY PRICES VOLATILITY
RUSSIA'S LAVROV: WE ARE NOT INTERESTED IN ENERGY PRICES VOLATILITY
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Bloomberg Markets: China's Energy Buffer Faces Winter Test as Coal Production Stalls
Bloomberg Markets: China's Energy Buffer Faces Winter Test as Coal Output Stalls. While inventories are currently ample, a slowdown in mining threatens to erode the nation's reserves.
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Brent crude hovers around $109 as Ukraine resumes attacks on Russian energy facilities and oil tankers are attacked in the Middle East.
Brent crude oil prices hovered around $108.82 per barrel after Ukraine launched a large-scale drone attack on Sunday, causing fires at oil terminals and depots in St. Petersburg, Russia. Meanwhile, th
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Ukrainian drone attack on St. Petersburg, Russia, kills one and hits energy facility; Zelenskyy says Russia violated "energy ceasefire," will resume striking Russian oil refineries; Donald Trump signs executive order exempting Russian energy sanctions.
The mayor of St. Petersburg, Russia, stated on Sunday that a "massive" Ukrainian drone attack on St. Petersburg resulted in at least one death and five injuries, hitting the St. Petersburg oil termina
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US Vice President Vance: Without the US Navy maintaining order in the Strait of Hormuz, gasoline prices would be three times higher than they are now.
U.S. Vice President J.D. Vance stated at a CBS town hall meeting that gasoline prices would be three times higher without the U.S. Navy maintaining oil and gas shipments in the Strait of Hormuz. He at
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Venezuela expects nearly $76 billion in oil and gas investment over the next five years, Acting President Delcy Rodríguez said.
Venezuela expects nearly $76 billion in oil and gas investment over the next five years, Acting President Delcy Rodríguez said. The country seeks to draw private capital to boost energy production, wi
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Niger's Ministry of Commerce and Industry announced that the country has suspended exports of diesel and premium gasoline to address fuel supply challenges.
Niger's Ministry of Commerce and Industry announced that the country has suspended exports of diesel and premium gasoline to address fuel supply challenges.
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Iran War Drives Up Energy Costs, Philippines Solar Industry Booms
The Philippine solar industry is booming as the war in Iran drives up energy costs, prompting local residents and businesses to invest in rooftop solar panels. Reportedly, rooftop solar installations
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UK Maritime Trade Operations Reports: An oil tanker was hit by an unknown projectile off the coast of Saudi Arabia.
A tanker was hit by an unknown projectile 68 nautical miles northeast of Jubail, Saudi Arabia, on Friday, the UK Maritime Trade Operations (UKMTO) said. All crew members were safely evacuated, and no
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Trump and Putin Reach Diesel Deal, Experts Say Political Impact Outweighs Economic Benefits
According to CNBC, US President Donald Trump and Russian President Vladimir Putin have reached an agreement to ease sanctions on Russia, allowing it to supply diesel to global markets in response to d
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Russian Attacks in Ukraine Kill at Least 8, Cut Power to 1 Million People Across Nine Regions
Russian attacks on Friday killed at least eight people and injured 60 across Ukraine, hitting two shopping centers and cutting power to more than a million people in nine regions, including Kharkiv, K
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Pakistan's Finance Minister: Gulf energy facility attacks are "worrying" for Pakistan's economic outlook, but short-term energy supplies have been secured.
Pakistan's Finance Minister Muhammad Aurangzeb told AFP in an interview at the IMF-World Bank Annual Meetings in Bangkok that attacks on energy infrastructure in Saudi Arabia and other Gulf states pos
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Airlines brace for years of pain, fearing inflation will deter customers from accepting price rises amid rising energy costs.
Airlines brace for years of pain, fearing inflation will deter customers from accepting price rises amid rising energy costs.
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CNBC: Donald Trump once promised to cut energy costs, but gasoline prices are up nearly 40% year-over-year, and diesel is up 70%.
According to CNBC, during his campaign, U.S. President Donald Trump promised to lower gasoline prices to under $2/gallon in his first year in office and to cut energy prices by half or more within 12
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Norwegian company bets $100 million in Mercuria Energy Group vs. Baltic Exchange case
Norwegian companies have placed a $100 million bet in the case between Mercuria Energy Group and the Baltic Exchange. This week, Mercuria Energy Group's lawyers presented their case against the Baltic
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Donald Trump defended going to war with Iran at a Florida rally, stating that increased oil flow through the Strait of Hormuz led to lower gasoline prices.
Donald Trump again defended the decision to go to war with Iran at a campaign rally in Florida, reiterating claims of destroying the Iranian navy and air force. He denied that the U.S. provoked the wa
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German Chancellor Merz: The war in Iran has increased Europe's energy costs by over 100 billion euros, and the conflict cannot be resolved through military means.
German Chancellor Merz: The war in Iran has increased Europe's energy costs by over 100 billion euros, and the conflict cannot be resolved through military means.
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UKMTO: Crude Oil Tanker Struck by Unknown Projectile While Exiting Strait of Hormuz
The UK Maritime Trade Operations (UKMTO) reported that a crude oil tanker was struck by an unknown projectile while completing its outbound transit of the Strait of Hormuz. Citing "verified sources,"
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Strait of Hormuz Tensions Escalate: Oman Rescues Burning Tanker Crew, Iran Intercepts Tanker and Destroys Unmanned Vessels
Oman rescued 25 crew members from a burning oil tanker in the Strait of Hormuz on Friday, Al Jazeera reported. Meanwhile, Iran stated it had intercepted three oil tankers attempting to cross the strai
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ExxonMobil's CEO stated that the company plans to invest over $100 billion by 2030 to increase global energy supply.
ExxonMobil's CEO stated that the company plans to invest over $100 billion by 2030 to increase global energy supply.
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Iranian Navy says two oil tankers caught fire after hitting mines in the eastern Strait of Hormuz.
Iran's navy stated that two oil tankers were damaged and caught fire after hitting mines in the eastern Strait of Hormuz. A statement cited by Iranian media claimed that the vessels were operating in
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Russia plans to export 510,000 tons of diesel in October and 2.15 million tons in November, TASS cites Novak.
Russia plans to export 510,000 tons of diesel in October and 2.15 million tons in November, TASS cites Novak.
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Russia's Novak says Ukraine attacked Russian refinery overnight
Russia's Novak says Ukraine attacked Russian refinery overnight
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ExxonMobil CEO Darren Woods: Diesel is a critical bottleneck, with demand remaining high despite limited production capacity.
ExxonMobil CEO Darren Woods: Diesel is a critical bottleneck, with demand remaining high despite limited production capacity.
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Dominion Energy, Inc.(D) Q3: EPS 1.28 USD (above forecast), Revenue 5.62B USD (above forecast)
Dominion Energy, Inc.(D) Q3 EPS: 1.28 USD; Forecast 1.21 USD Revenue: 5.62B USD; Forecast 4.9B USD Reporting period: 2026 Q3 (period ended 2026-09-30) Release date: 2026-10-30
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ExxonMobil's Q3 refining profits hit a record high as Gulf and Russia-Ukraine conflicts pushed up gasoline and diesel prices.
ExxonMobil Holdings Corp. exceeded third-quarter profit expectations, primarily driven by soaring gasoline and diesel prices due to the Persian Gulf and Russia-Ukraine conflict, which propelled its re
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BP's Q3 profit surged to nearly four times year-on-year, reaching $8.5 billion and significantly exceeding expectations, driven by a substantial increase in refining margins.
BP announced its third-quarter results, with underlying replacement cost profit (a proxy for net profit) reaching $8.5 billion, significantly exceeding analysts' expectations of $6.191 billion and app
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BP Profit Hits 18-Year High as Oil Refining Margins Surge
BP Plc said profit surged to the highest in 18 years as soaring refining margins boosted earnings, giving Chief Executive Officer Meg O’Neill a powerful tailwind as she seeks to turn around the beleag
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French economy shrinks 0.1% in Q3
France, the Eurozone's second-largest economy, experienced a 0.1% economic contraction in the third quarter, primarily due to high energy prices and soaring borrowing costs.
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Musk reposted a Tesla Energy tweet promoting Powerwall 3/3P heat pump optimization features, which can save energy costs in the European market.
Musk retweeted a Tesla Energy post promoting Powerwall 3/3P heat pump optimization features, which can save energy costs in the European market. This feature allows Powerwall to increase heating when
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Japan's Marubeni Corporation sees energy and resource bottlenecks from the AI boom as growth opportunities.
Japanese trading house Marubeni Corporation sees the energy and resource bottlenecks caused by the AI boom as a growth opportunity. One of Japan's five largest trading companies, Marubeni plans to exp
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New Jersey Governor Mikie Sherrill threatened to block Russian diesel shipments from reaching U.S. East Coast ports, calling the agreement between Trump and Putin "corrupt and illegal."
New Jersey Governor Mikie Sherrill threatened to block Russian diesel shipments from reaching U.S. East Coast ports, calling the agreement between Trump and Putin "corrupt and illegal."
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Chevron accelerates global oil and gas exploration, targeting undeveloped regions with 50% of capital, after first-half profits exceeded $14 billion
Chevron is accelerating oil and gas exploration in Africa, South America and the Mediterranean, supported by soaring energy profits following the Iran war. The company now allocates 50% of its explora
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Cheniere's Chief Commercial Officer Anatol Feygin states Europe will require an additional 69 million metric tons of LNG this winter and must pull cargoes from Asia.
Cheniere's Chief Commercial Officer Anatol Feygin states Europe will require an additional 69 million metric tons of LNG this winter and must pull cargoes from Asia.
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Iran's navy reported that an oil tanker struck a mine in the eastern Strait of Hormuz, adding that three other tankers had previously struck mines.
The Iranian Navy announced that an oil tanker struck a mine in the eastern Strait of Hormuz, causing hull damage and a fire, rendering the vessel inoperable. Iran's state broadcaster IRIB cited a navy
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IRGC Deputy Commander: Strait of Hormuz will remain closed until Iran's conditions are met
Mostafa Izadi, Deputy Commander of Iran's Revolutionary Guard, stated on Thursday that the Strait of Hormuz will remain closed until Iran's conditions for reopening the waterway are met. He emphasized
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A spokesperson for Iran's Islamic Revolutionary Guard Corps demanded independent evidence from the U.S. military that the Strait of Hormuz has been cleared of mines.
Hossein Mohebi, spokesperson for Iran's Islamic Revolutionary Guard Corps (IRGC), challenged the U.S. Central Command's (CENTCOM) claim that the Strait of Hormuz had been completely cleared of mines,
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ODMCoin (ODMC) Project Review: A Blockchain Attempt at Oil and Gas Waste Treatment
ODMCoin was a project aimed at applying blockchain technology to the oil and gas waste treatment sector, planning to support oil sludge treatment technology through tokenized investments. The project launched its ICO in late 2017 but failed to reach its soft cap target, and all raised funds were returned. Although the team had stated they would continue to advance the project and conducted an airdrop in 2018, current public information indicates that the ODMC token lacks an active trading market, and its trading activity cannot be confirmed.
Energy
24H Trending
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Bitcoin Price Breaks $77,000: Multiple Factors Drive Current Rally
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Al Jazeera: Israeli attacks on Gaza kill at least 4 Palestinians, UN Human Rights Office warns of ethnic cleansing risk
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US banks are owed $349B by private credit funds, as PIK interest payments rise to 10% of loans
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Bitcoin Spot ETF Status Review: Market Impact and Latest Data Post-Approval
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Musk retweeted that as of October 31, the number of Starlink satellites has reached 11,184, accounting for 66% of the total active satellites globally.
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Binance confirmed that it has transferred 7,499 Bitcoins to the SAFU fund, stating that it has recovered 90% of the stolen assets and pledged to rebuild the emergency fund to approximately $1 billion.
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Nikkei Asia: Overseas entities' JPY bond issuance reaches a record $16 billion as the AI funding race spreads to Japan
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Bitcoin staking protocol b14g says $97 million CORE drained, pauses contracts
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Al Jazeera: Palestinian Man Succumbs to Injuries After Israeli Drone Strike in Gaza
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SpaceXAI, the AI division of SpaceX, failed to dismiss an air pollution lawsuit filed by the NAACP, with the judge ruling that the case will proceed.
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