Chinese LNG Demand Looks Poised to Disappoint Yet Again
(Bloomberg) — Chinese liquefied natural gas imports are at risk of another weak year as disappointing industrial demand…
Diplomats Weigh Truce on Fossil Fuel Exit Plan at UN Climate
(Bloomberg) — International climate negotiators were weighing a potential compromise deal late Friday on establishing a formal plan…
Japan Governor Seen Approving Tepco Nuclear Plant Restart
(Bloomberg) — The governor of Japan’s Niigata prefecture is set to approve the restart of the world’s biggest…
why fossil fuels play a vital role in
Global energy demand is increasing faster than ever. According to the International Energy Agency (IEA), demand grew more…
Stock Selloff Deepens as Fed Fears Rattle Traders: Markets
(Bloomberg) — A resurgence in tech shares spurred a rebound in stocks, though the advance was limited by…
Petrobras Weighs Lower Spending Plan on Bearish Oil Outlook
(Bloomberg) — Brazil’s state-controlled oil producer Petrobras is weighing a reduction in capital spending to $106 billion for…
Nuclear Startup Fermi Invokes Manhattan Project in AI Race
(Bloomberg) — US efforts to develop artificial intelligence systems and the nuclear-energy infrastructure needed to power them are…
Elevating the energy industry with proprietary premium
As global energy exploration advances into more challenging environments, the demand for reliable and high-performance OCTG remains consistently…
Trump Grants Hungary Exemption on Russian Oil in Orban Win
(Bloomberg) — US President Donald Trump granted Hungary an exemption from sanctions on purchases of Russian oil, providing…
Apollo Grows Europe Energy Bet With $6.5 Billion Orsted Deal
(Bloomberg) — Apollo Global Management Inc. agreed to invest $6.5 billion in a huge Orsted A/S offshore wind…
Geopolitical risks can be mitigated with support and
Abu Dhabi is creating a dynamic economy that is driven by the sectors of the future, not by…
Adnoc CEO Says AI Raises Energy Investment Needs to $4
(Bloomberg) — The global energy industry needs annual investment of $4 trillion as the boom in data centers…