Markets

Argentina balances fossil fuels, renewables, and lithium mining to secure energy independence and lead the global energy transition

Azerbaijan demands EU withdrawal before signing peace deal with Armenia as constitutional issues and Ruben Vardanyan’s charges complicate negotiations

OPEC+ fears U.S. oil surge under Trump’s deregulation plans, warning that increased production could challenge OPEC+ market share and disrupt oil market stability

BP and XRG launch Arcius Energy to expand Egypt’s gas operations, securing stakes in Zohr, Atoll, and key concessions amid ADNOC’s global strategy

Fires at Libya’s Zawiya refinery are under control after armed clashes damaged key oil reservoirs, forcing NOC to declare force majeure

Oil prices rise amid new Russia sanctions, OPEC demand cuts, and ExxonMobil’s production boost, reshaping the global market for 2024

Rosneft and Reliance seal a $130B, 10-year oil supply deal, reinforcing India’s status as the top importer of Russian crude

Japan weighs LNG supply shift as Sakhalin-2 contracts expire, driven by clean energy goals and pressure to reduce reliance on Russian gas

The EU and U.S. are collaborating to manage the sanctions impact on Gazprombank, navigating energy trade challenges and seeking solutions

OPEC+ delays output increases and extends cuts to support oil prices and the market amid weak demand and rising production outside the group