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LATEST ENERGY NEWS

Latest news and market reports from enegery industry. Market updates on crude oil, gas, electricity and bunker fuel.

AleAnna Signed Natural Gas Supply Agreement with Shell Energy Europe

AleAnna Signed Natural Gas Supply Agreement with Shell Energy Europe

Moreover, it reflects the company’s strategic focus on developing Italy’s natural gas resources and supporting the country’s previously stated sustainability goals.
Syrian Baniyas Oil Refinery Halted Operations

Syrian Baniyas Oil Refinery Halted Operations

Incidentally, Syria operates a refinery facility in Homs, with a much lesser processing capacity.
China's Oil Consumption to Peak by 2027, Says Top Refiner Sinopec

China's Oil Consumption to Peak by 2027, Says Top Refiner Sinopec

Trump, however, could also reduce tensions in Ukraine and the Middle East, removing some risk premium, she added.
US Presses EU to Align Methane Regulations for LNG

US Presses EU to Align Methane Regulations for LNG

European Union countries approved a law in May to impose methane emissions limits on Europe's oil and gas imports from 2030, pressuring international suppliers to cut leaks of the potent greenhouse gas.
U.S. Crude Exports to Europe Expected to Fall in Jan as Shipping Economics Weaken

U.S. Crude Exports to Europe Expected to Fall in Jan as Shipping Economics Weaken

The decline in stockpiles means U.S. barrels are being priced to stay at home.
TotalEnergies to Divest 50% Stake in UK Gas Power Plant

TotalEnergies to Divest 50% Stake in UK Gas Power Plant

A joint venture between TotalEnergies and EPUKI will now run the power plant and battery system.
U.S. Crude Oil Net Imports in 2025 to Hit Lowest Level Since 1971

U.S. Crude Oil Net Imports in 2025 to Hit Lowest Level Since 1971

This will be mainly on account of rising domestic crude oil production and falling U.S. refinery runs.
Iran’s Revolutionary Guards Control Half of Iran’s Oil Exports

Iran’s Revolutionary Guards Control Half of Iran’s Oil Exports

Additionally, Hezbollah’s budget is estimated at approximately $700 million, with 70%–80% of its funding directly provided by Iran.
ExxonMobil’s Exit from Suriname Raises Pressure on Guyana Amid Natural Gas Concerns

ExxonMobil’s Exit from Suriname Raises Pressure on Guyana Amid Natural Gas Concerns

ExxonMobil’s abrupt exit likely throws a wrench into discussions for an LNG export project in Suriname.
Oil Settles Up After US Crude Stocks Fall, Fed's 2025 Outlook Curbs Gains

Oil Settles Up After US Crude Stocks Fall, Fed's 2025 Outlook Curbs Gains

A stronger greenback makes oil more expensive in other countries, which can reduce demand.
U.S. LNG Exports Pose Risks to Economy and Environment, Says Study

U.S. LNG Exports Pose Risks to Economy and Environment, Says Study

The study's conclusions will probably be referenced by climate activists in court cases against the construction of new export ports.

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