Saudi Arabia may set discounted light crude oil price for first time since 2020
Global oil supply has outstripped demand, mainly because OPEC+ began increasing production in April 2025.
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Stena RoRo assigns construction of new RoRo C-Flexer hybrid vessels to CMI
The RoRo's technical architecture allows operators to implement improvements as environmental regulations and available technology advance.
Nigeria boosts investment by lowering barriers to entry in oil licensing round
The measures demonstrate a shift in Nigeria's strategy towards a sustainable and more efficient energy development model.
Australia and Timor-Leste strengthen partnership to develop offshore gas project
The Australian Government will finance an Infrastructure Fund that will direct at least one-third of Australian revenues derived from the project to Timor-Leste.
MOL and ONGC sign agreement for the creation of ethane carrier fleet
This new agreement expands MOL's VLEC fleet to a total of 16 vessels, consolidating the company's position as a world leader in ethane transportation.
ExxonMobil accelerates its deployment of carbon capture and storage in the U.S.
CAC projects have been available for decades, but are now at a more propitious time for large-scale adoption.
TEPCO maintains its strategy after official approval of its new business plan
The energy group has mentioned its intention to continue supporting the communities affected by the nuclear disaster.
JERA starts LNG exports from Barossa field in Australia
With a presence in the entire energy supply chain, from upstream production to power generation.
China announces opening of lithium and nickel futures trading to international traders
The China Securities Regulatory Commission(CSRC) enables financial openness by authorizing foreign participation in key futures contracts, including lithium and nickel. Such a strategic move strengthens the Asian country's…
Europe seals pact to lead in offshore wind energy with 300 GW in the North Sea
The multilateral agreement pushed in Hamburg sets out a roadmap to install up to 15 GW of offshore wind power annually and reach 300 GW by 2050.
Petronas inaugurates Petronas Liquefied Natural Gas in China from Lingang
During the process of setting up the subsidiary, the local authorities provided comprehensive administrative support.
India slows down its LNG deals amid market changes
The expected decline in spot prices in Asia, coupled with pressure on European benchmarks such as the TTF, could spur greater demand.