In a strategic move that underscores the growing role of U.S. energy giants in global markets, ExxonMobil has entered the Greek offshore exploration sector through a farm-in agreement for Block 2 in the northwestern Ionian […]
In a strategic move to streamline its portfolio and unlock capital, BP plc announced on November 3, 2025, the divestment of non-controlling interests in its US onshore midstream assets to funds managed by investment firm […]
In a high-stakes diplomatic maneuver amid escalating global energy tensions, Hungarian Prime Minister Viktor Orban is scheduled to meet U.S. President Donald Trump in Washington next week to address the impact of new U.S. sanctions […]
In a significant shift in global energy dynamics, China has overtaken the United States as Canada’s largest crude oil customer in recent months, largely thanks to the expanded Trans Mountain pipeline (TMX). This development marks […]
In the early afternoon of April 28, 2025, a cascading voltage surge plunged much of the Iberian Peninsula into darkness, marking one of Europe’s most severe power outages in recent history. The blackout affected mainland […]
In a landmark move to sever its remaining energy ties with Moscow, the European Union has agreed on a phased ban on Russian natural gas imports, effectively aiming to end all such supplies by the […]
In a recent escalation of the ongoing conflict between Ukraine and Russia, Ukrainian drones targeted the Orenburg gas processing plant in Russia’s Orenburg region, one of the country’s largest facilities. This strike, which occurred overnight, […]
Daily Standup Top Stories Where’s the Glut? Says ConocoPhillips CEO Ryan Lance October 15, 2025 Clark Savage In the ever-volatile world of oil markets, ConocoPhillips CEO Ryan Lance has recently challenged the prevailing narratives of an […]
In a landmark announcement today, October 13, 2025, JPMorgan Chase unveiled its Security and Resiliency Initiative, committing to facilitate and finance up to $1.5 trillion over the next decade in industries vital to the United […]
The Iraq-Turkey oil pipeline, also known as the Kirkuk-Ceyhan pipeline, transports crude oil from Iraq’s northern Kurdistan region to the Mediterranean port of Ceyhan in Turkey. It was originally built in the 1970s and has […]
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