As the United States under President Donald Trump ramps up pressure on allies to sever Europe’s lingering ties to Russian energy, the European Union finds itself caught in a geopolitical vise. Trump’s administration has signaled […]
In a move that could exacerbate California’s already precarious energy landscape, the state’s largest inland oil pipeline is barreling toward a potential shutdown, threatening critical crude supplies to Bay Area refiners and underscoring the deepening […]
Subsea7 has landed a major engineering, procurement, construction, and installation (EPCI) contract from Aramco, covering offshore facilities in Saudi Arabia. The award falls under Subsea7’s long-term agreement (LTA) with the state-owned operator, the Oslo-listed company […]
The United States’ power grid, once a marvel of 20th-century engineering, is now teetering on the edge of collapse. As demand surges from emerging technologies like artificial intelligence, data centers, and electric vehicles, an aging […]
In the sweltering heat of the Caribbean, tensions between the United States and Venezuela have simmered for years, fueled by oil riches, political animosity, and the shadowy world of drug trafficking. But recent events—a U.S. […]
In the high-stakes world of global markets, the U.S. stock market has been on a tear, adding a staggering $14 trillion in value since April lows, with the S&P 500 surging 32%. This rally, as […]
In a dramatic eleventh-hour compromise, California lawmakers have forged a deal with the oil industry aimed at bolstering domestic crude production amid looming refinery closures that threaten to drive up gasoline prices. The agreement, embedded […]
EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 34 LNG vessels is 129 Bcf. This compares to 26 LNG vessels and 108 Bcf in the week […]
The U.S. Energy Information Administration (EIA) revealed its latest Brent spot price forecast for 2025 and 2026 in its September short term energy outlook (STEO), which was released on September 9. According to its latest […]
EU countries should move faster to abandon Russian energy sources, as this would help speed up the end of the war in Ukraine, according to US Energy Secretary Chris Wright. “The European Union could phase out […]
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