Shell projects global LNG demand will jump 65% by 2050 as Asia's appetite grows, even as the Strait of Hormuz crisis stalls ...

Oil prices are headed for their steepest quarterly decline since 2020 as hopes for sustained Strait of Hormuz access erase ...

Morgan Stanley slashed its Brent oil forecast to $75 a barrel, citing a looming supply glut as Strait of Hormuz traffic ...

Asia's crude imports ticked up in June but stayed well below pre-war levels as China cut purchases and Mideast flows stayed ...

Asian refiners are offering excess Middle Eastern crude to the U.S. West Coast as Gulf supplies recover and Asian demand ...

Tanker and commodity vessel traffic through the Strait of Hormuz increased modestly after several days of disruption, ...

Pakistan purchased a premium-priced LNG cargo to ease its energy shortage as disruptions to Persian Gulf gas supplies ...

The Norwegian producer will acquire a larger stake in the Peon gas discovery while divesting interests in Fram and Grosbeak.

Abu Dhabi’s XRG, the international investment arm of the Abu Dhabi National Oil Company (ADNOC), and Italy’s Eni S.p.A. (NYSE ...

Tech giants are struggling to secure the power AI needs before 2028 at the earliest. One company managed to lock in cheap, ...

U.S. utilities are overcapitalized with expensive equity, claiming consumers could pay 10–15% less for electricity if ...

Countries are now racing to build or replenish strategic petroleum reserves, with the IEA planning to refill the 400 million ...