A Ryazan oil refinery explosion killed one worker and injured three during maintenance. Authorities are investigating the incident’s cause and impact
In the News
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Oil prices drop amid trade tensions and ceasefire uncertainty, with OPEC reporting rising crude output and markets facing concerns over global demand growth
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KEY POINTS TC Energy Corp. operates with positive expectations toward future investments in the United States market despite rising trade tensions with Canada. The company’s CEO, François Poirier, emphasized that …
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BP plans to increase U.S. natural gas production in shale basins, focusing on Haynesville and new projects in the Gulf of Mexico
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Chevron CEO Mike Wirth urges U.S. policymakers to create stable energy policies, cautioning that policy swings disrupt long-term oil and gas investments.
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Iraq faces an electricity crisis after the U.S. revoked a waiver for Iranian energy imports. The government is seeking urgent solutions to avoid blackouts
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EU leaders urge talks on Russian gas transit through Ukraine as Slovakia warns of rising energy costs and cold weather depletes gas reserves
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EU countries are demanding more flexibility in gas storage targets, citing rising costs and concerns over long-term energy security.
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Venture Global shares plunged after its 2025 profit forecast missed Wall Street expectations, raising concerns over rising costs and revenue declines.
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Trump’s tariffs on Canada could push U.S. electricity prices higher, with New York and New England most affected by potential power supply disruptions.