China installed much less solar power capacity in April from a year earlier as the domestic solar market continues to adjust to a change in policy following record-high installations and a major glut ...
Global oil inventories and floating storage have acted as temporary shock absorbers against the Hormuz disruption. OPEC spare capacity has stabilized markets, but it cannot fully replace lost Persian ...
Malaysia has secured its fuel supply until the end of July, state energy firm Petronas has assured the economy ministry, as Southeast Asia is reeling from the worst supply disruption in the history of ...
Oil prices were sharply lower on Monday following comments by President Donald Trump that diplomatic negotiations with Iran are advancing, easing market fears of severe energy supply disruptions due ...
Oil traders don't want to think about the worst-case scenario and lap up every word of U.S. President Donald Trump about a potential deal with Iran, but the market needs to brace for a spike in oil ...
Sinopec's Jiyang shale base hit 2 million tons of cumulative output and posted a 15% production gain as China pushes to reduce its dependence on imported crude.
India is raising fuel prices again as the Strait of Hormuz crisis drives up crude costs, inflation, and pressure on refiners.
A deadly coal mine explosion in Shanxi province triggered safety inspections and production suspensions across China’s coal sector, sending coking coal prices sharply higher.
Australia plans to include existing LNG contracts in its so-called Domestic Gas Reservation scheme, expected to come into force in July 2027, to ensure local supply. The new Australian regulation, ...
The U.S. will deal with Iran “another way” if it does not reach a good deal with the Islamic Republic, U.S. Secretary of State Marco Rubio said on Monday, playing down hopes that an agreement is ...
Oil and LNG shipments through the Strait of Hormuz are gradually resuming as more vessels successfully navigate the chokepoint despite ongoing disruption and heavy military risk.
Oil prices fell sharply as traders priced in growing hopes that a U.S.-Iran deal could reopen the Strait of Hormuz and ease the global supply shock.