China’s LNG imports are set to rebound this year, rising by between 3% and 10% from 2025, driven by lower prices that are expected with the new supply wave, analysts have told Reuters.
Germany’s uneasy energy truce with Washington is starting to fray, and the pressure point is a single refinery that keeps Berlin moving.
French supermajor TotalEnergies has taken full control of a refinery in Zeeland, the Netherlands, which it co-owned with Russia’s Lukoil, Reuters has reported, citing two unnamed sources.
The Indian Coast Guard seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on the so-called dark fleet.
The American Petroleum Institute (API) estimated that crude oil inventories in the United States increased by a whopping 13.4 million barrels in the week ending February 6, and more than offsetting the prior week’s draw of 11.1 million barrels.
US forces boarded an oil tanker after a cat-and-mouse chase from the Caribbean to the Indian Ocean, the Pentagon said, as Washington expands its geographic scope in an ongoing crackdown on a global shadow fleet used to export sanctioned crude
Expand Energy Corp. will relocate its corporate headquarters from Oklahoma City to Houston in mid-2026 and has appointed Chairman Michael Wichterich as interim president and chief executive officer, the company announced.
Australia’s Queensland state has expanded oil and natural gas exploration in a major basin, as the fossil fuel exporter seeks to address local shortfalls.
bp has suspended its share buyback program and is prioritizing balance-sheet repair as the company works through a broader strategic reset and leadership transition.
Petronas has launched, through Malaysia Petroleum Management (MPM), the Malaysia Bid Round 2026, comprising nine exploration blocks and six Discovered Resource Opportunities (DROs), Petronas announced on Wednesday.