In a bold statement that underscores Europe’s shifting energy landscape, Patrick Pouyanne, CEO of TotalEnergies SE, declared that Europe is well-positioned to withstand a proposed ban on Russian gas imports by 2028. Speaking at an […]
Despite unprecedented investments in renewable energy, global carbon emissions hit a record high of 40.8 billion metric tons of CO2-equivalent in 2024, according to the 2025 Statistical Review of World Energy. This sobering milestone, reported […]
“Spark30S (Atlantic) freight rates fell sharply this week, dropping by $6,750 to $42,000 per day this week and the largest week-on-week decline since January,” Spark’s data lead Qasim Afghan told LNG Prime on Friday. Similarly, Spark25S (Pacific) […]
Enarsa revealed this in a document posted on its website after it completed three tenders seeking spot cargoes. Each of the cargoes, with a capacity of 2,100,000 MMBtu, is expected to meet peak seasonal demand […]
Saudi Aramco, the world’s largest oil company, is reportedly considering the sale of up to five gas-fired power plants, a move that could raise approximately $4 billion, according to sources cited by Reuters and OilPrice.com. […]
OPEC+ has once again accelerated its oil production strategy, moving its key meeting from Sunday to Saturday, July 5, 2025, to discuss a potential fourth consecutive monthly output increase of 411,000 barrels per day (bpd) […]
The U.S. Treasury Department has announced a fresh wave of sanctions targeting Iran’s illicit oil trade, specifically focusing on its elusive “dark fleet” network, a shadowy system of vessels and operators that smuggle Iranian oil […]
Shipping nuclear propulsion start-up CORE POWER, ABS, and Athlos Energy have formed a consortium to evaluate the potential of floating nuclear power plants (FNPPs) to meet the energy demands of islands, ports, and coastal communities […]
On July 3, 2025, a nearly hour-long phone call between Russian President Vladimir Putin and U.S. President Donald Trump sparked global attention, with implications for energy markets, geopolitical strategies, and the ongoing war in Ukraine. […]
The global energy landscape is on edge as India, the world’s third-largest crude oil importer, sounds the alarm over a proposed U.S. bill that would impose a staggering 500% tariff on goods from countries purchasing […]
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