In the News

Oil prices rise 2% after the U.S. revokes Chevron’s Venezuela license, sparking supply concerns as OPEC+ weighs its next move in a volatile market

Pemex reports a $9.1 billion loss as crude production declines and debt remains a major challenge. The company seeks recovery strategies amid financial strain.

Expand Energy plans to increase natural gas production, investing $2.7 billion as LNG demand grows and U.S. energy markets shift.

Canada is pushing for new oil pipelines to reduce dependence on U.S. refineries amid looming Trump tariffs, but regulatory and financial hurdles remain.

Kyrgyzstan and Tajikistan finalized a border deal, resolving a major dispute and paving the way for enhanced trade, security, and regional cooperation

Shell projects a 60 percent rise in global LNG demand by 2040, driven by Asia’s expansion. The U.S. and Qatar are expected to lead supply growth.

A London court has ruled that Vitol and Glencore will receive $380 million from Nigeria LNG after a dispute over undelivered cargoes in 2020 and 2021.

Chevron announces leadership and structural changes to improve efficiency, cut costs, and optimize global operations amid industry challenges.

Coal India renewable energy efforts expand through a joint venture with EDF, focusing on hydropower and clean energy projects in India and South Asia

Russia and Myanmar sign an investment deal for a port and oil refinery in the Dawei Special Economic Zone, strengthening energy and trade ties.