Brent crude prices to remain at USD 70/bbl in FY26 despite Israel-Iran conflict: Report
New Delhi [India], : Despite recent volatility and rising conflicts between Israel and Iran, Brent crude oil prices…
Will Iran Actually Close the Strait of Hormuz? Eni CEO Weighs In
By Charles Kennedy – Jun 18, 2025, 11:00 AM CDT
Despite the strategic importance of the Strait…
Adnoc Makes $19 Billion Takeover Bid for Australia’s Santos
(Bloomberg) — Abu Dhabi National Oil Co. made an $18.7 billion offer for Australian fossil fuel producer Santos…
Trump Plans Biofuel Quota Boost, Seeks to Crimp Imports
(Bloomberg) — The Trump administration is proposing oil refiners blend more biofuels into gasoline and diesel next year,…
European Banks With Russian Units Help Keep Natural Gas
(Bloomberg) — Western banks including Raiffeisen Bank International AG that still operate units in Russia are helping some…
Taiwan Official Discusses US Energy Cooperation at Alaska
(Bloomberg) — Taiwan’s top presidential aide discussed energy cooperation with US officials at a summit this week in…
Stocks Climb After Jobs Report Amid US-China Hopes: Markets
(Bloomberg) — Stocks headed toward their highest since February and bond yields rose as jobs data allayed concerns…
Canadian Wildfires Force Oilsands Evacuations, Stop Oil
(Bloomberg) — Raging Western Canadian wildfires that have forced thousands of people from their homes are now also…
Stocks Bounce From Lows on US-China Trade Hopes: Markets
(Bloomberg) — A renewed bout of volatility gripped stocks in the last stretch of the month, with the…
Oil Demand Growth Faces Significant Headwinds
For most of the past century, energy producers could count on steady oil demand growth. From industrial development…
Australia Lets Biggest LNG Plant Run to 2070 in Climate Blow
(Bloomberg) — Australia gave preliminary approval to extend the life of its biggest and oldest liquefied natural gas…
Canada’s Oil Patch Faces Chill, But Output Still Set to Climb
Sales of drilling rights in the oil sands of Alberta are on the decline, reversing an earlier boom.…