In the News

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

The Leviathan gas field partners plan a $2.4 billion expansion to boost production and strengthen Israel’s energy security and exports.

Cheniere Energy plans LNG expansion under Trump’s energy policies despite financial challenges, betting on Corpus Christi growth and global demand.

U.S. crude stocks rose by 4.6 million barrels due to refinery maintenance, while gasoline and distillate inventories declined as fuel production slowed.

Exxon Mobil is launching a major gas expansion project in Guyana, boosting natural gas supply, LNG exports, and industrial production.

Trump’s steel tariffs face EU criticism as European steelmakers warn of export losses. Market uncertainty grows as steel prices begin to rise

The EU is looking to secure more LNG supplies while balancing climate goals, trade policies, and high energy prices.

Oil prices remain steady as Ukraine peace talks and supply disruptions impact global markets. Traders monitor OPEC+ production decisions and U.S. crude inventories.

OPEC+ denies speculation about postponing its April oil supply hike, with Russia confirming production increases remain on schedule.

Western nations are cracking down on Russia’s shadow fleet, which evades sanctions to export crude oil. Tighter regulations aim to curb environmental and safety risks