On June 27, 2025, President Donald J. Trump took to Truth Social to announce a new chapter in the ongoing saga of U.S.-Canada trade relations, signaling a hardline stance on tariffs. “Canada’s been ripping us […]
The 6-month PCE price index accelerated to 2.8% annualized, despite dropping energy prices. It’s been 2.7% to 3.3% in 2025, sharply higher than in the 2nd half of 2024. By Wolf Richter for WOLF STREET. The inflation measure […]
In a recent opinion piece for The Daily Caller, energy expert David Blackmon highlighted a curious phenomenon: despite Israel’s military actions against Iran starting June 12, 2025, the anticipated oil price spike failed to materialize. […]
In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley and Wasif Latif discuss the impact of geopolitical tensions, particularly the escalation in the Middle East, on the commodities market. They explore the […]
Brazil’s energy landscape is undergoing a significant transformation with the recent commissioning of GNA II, the country’s largest gas-fired thermal plant. This milestone is set to boost Brazil’s natural gas consumption, marking a pivotal moment […]
The U.S. Department of Energy (DOE) has delayed plans to replenish the Strategic Petroleum Reserve (SPR) by seven months, pushing back significant repurchasing efforts to mid-2025. This setback, driven by rising oil prices and budgetary […]
In a surprising pivot, the UK government has withdrawn its support for the ambitious $34.4 billion Morocco-UK Power Project, a groundbreaking renewable energy initiative that aimed to deliver solar and wind power from Morocco’s Sahara […]
EuropeOffshore Fugro Fugro Dutch surveyor Fugro has been awarded a contract to conduct a comprehensive site characterisation programme for a deepwater gas project in the Eastern Mediterranean. The project is operated by Italian major Eni […]
Middle EastPorts and Logistics Mawani Mawani The Saudi Ports Authority (Mawani) has sealed long-term concession contracts worth over SAR2.2bn ($586m) to develop and operate multipurpose cargo terminals at eight major ports across the Kingdom. The […]
In a groundbreaking move for Iraq’s energy landscape, Texas-based Excelerate Energy Inc. is in advanced talks to supply the country’s first-ever liquefied natural gas (LNG) import terminal, a floating storage and regasification unit (FSRU) at […]
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