BP and Woodside Energy are confident that their joint venture in the Calypso deepwater natural gas field off Trinidad and Tobago will get the go-ahead by the end of 2025, …
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The world’s oil supply is under pressure from multiple factors, including geopolitical tensions, extreme weather, and production outages. This has pushed oil prices to their highest levels in months, with …
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A Ukrainian drone attack on a Russian oil and gas facility in the Baltic Sea has triggered a huge blaze and disrupted fuel exports to international markets. The Ust-Luga complex, …
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Canada has ambitious plans to export liquefied natural gas (LNG) to Asia and Europe, but its nascent industry faces major hurdles in meeting its environmental targets. Lack of Clean Power …
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The International Energy Agency (IEA) has revised its global oil demand growth forecast for 2024, but it still falls short of OPEC’s expectations. The IEA, which advises industrialized countries on …
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The Organization of the Petroleum Exporting Countries (OPEC) has released its first-ever forecast for oil demand in 2025, and it may surprise some analysts and investors. According to OPEC, the …
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Shell, the British energy giant, has agreed to sell its onshore oil and gas business in Nigeria to a consortium of mostly local companies for up to $2.4 billion, ending …
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The Iran-backed rebels have vowed to target American vessels in response to US and British strikes on their sites in Yemen. The Red Sea, a vital shipping route that connects …
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Geopolitical risks driving up oil prices could potentially position the energy sector for a comeback after lagging behind the rest of the US stock market for months. The S&P 500 …
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The US and UK have launched air and sea strikes on Houthi targets in Yemen, in response to the rebels’ attacks on commercial vessels in the Red Sea. The strikes, …