Hormuz, Bab el-Mandeb, Panama and Rhine Disruptions Strain Global Shipping
Conflict has curtailed traffic through two key straits as drought constrains the Panama Canal and Rhine, raising costs and limiting freight capacity.
Conflict has curtailed traffic through two key straits as drought constrains the Panama Canal and Rhine, raising costs and limiting freight capacity.
Chevron found more than 300 feet of net pay offshore Angola. A tie-in to Block 0 facilities could shorten development time and limit capital needs.
A third blackout in two days disrupted power across western Libya and stopped Great Man-Made River pumping, as outages and attacks threaten energy ope...
China wasted 360 TWh of wind and solar power in the first half of the year, highlighting grid bottlenecks and pressure on renewable project economics.
A proposed route to Syria’s Mediterranean coast could carry up to 2 million barrels a day, but new infrastructure puts its cost and timeline in focus.
Tyson is consolidating beef operations as the US herd remains near a five-decade low, aiming to improve plant utilization while near-term losses persi...
Europe may need more LNG this winter despite a strong El Niño; only unusually large warming would bring imports close to last winter’s level.
U.S. oil rigs increased by one as Brent climbed above $87 and WTI reached $81.81; crude output held near 13.8 million barrels per day.
South Africa’s top court overturned a ruling that kept Shell’s Wild Coast survey plans alive, while other offshore projects remain in play.
Brent is heading for a weekly gain near 5% as Hormuz attacks unsettle flows, while conflicting demand forecasts and disruptions complicate the outlook...
A 540,000-barrel Malaysian cargo is bound for a West Coast refinery as tight fuel markets and strong refining margins widen the supply search.
Kazakhstan alleges about $10.7 billion in Kashagan contracts involved unjustified costs or bribery, intensifying a wider dispute with oil consortium p...
India expects coal demand to rise as power generation and industry expand, prompting plans for a domestic trading exchange to improve market transpare...
WTI rose 5.3% this week as stalled Hormuz talks revived supply concerns, while a large U.S. crude build and weaker demand forecasts capped gains.
Sea Legend is launching weekly Arctic service from China to Europe, betting on shorter summer voyages as Red Sea risks persist.
U.S. crude stocks rose far more than expected, while gasoline and distillate inventories declined and Cushing holdings increased.
Just five or six commercial vessels crossed Hormuz on Monday, far below prewar traffic and the pace Bank of America says could steady energy markets.
A year after the Washington declaration, TRIPP planning has advanced, but financing, security arrangements and political hurdles still cloud the peace...
Rystad expects China’s coal-to-gas capacity to triple by 2030, adding a domestic supply hedge with potential implications for LNG demand.
Russia’s seaborne crude exports hit their lowest level since May as refineries absorbed more oil and port constraints limited shipments.