Israel Orders Reopening of Biggest Gas Field After Ceasefire
(Bloomberg) — Israel ordered the resumption of production at its biggest natural gas field following a truce with…
Shipping on High Alert in Mideast After US Strikes on Iran
(Bloomberg) — The shipping industry was placed on high alert on Sunday with warnings that Tehran could retaliate…
Japan Boosts Effort to Curb Methane Leaks From LNG Supply
(Bloomberg) — Japan is strengthening efforts to curtail methane emissions from liquefied natural gas as it sticks with…
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,…
U.S. Energy Secretary Pushes Back on the EIA’s Oil Decline Narrative
By Irina Slav – Jun 12, 2025, 3:19 AM CDT
Energy Secretary Chris Wright disagrees with…
U.S. Crude Production Set For A Decline Amid Low Oil Prices
Earlier in the year, U.S. Treasury Secretary Scott Bessent unveiled his ambitious“3-3-3” plan wherein the Trump administration will…
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…
BofA: The Saudis Are Readying for a Long Oil Price War
Saudi Arabia is getting ready to engage in a protracted oil price war with its rivals, Bank of…
EIA Calls Peak Shale as Drilling Activity Declines
Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a…
Permian Oil Producers Face Higher Costs With New Saltwater Rules As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal
As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at…
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…