News

Good afternoon and happy Wednesday, readers! Major natural gas exporter Venture Global clinched a key victory in an arbitration case against Shell yesterday, but the company’s legal battles are far ...
World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...
Global oil demand growth is weakening, with projections for 2025 revised downward, while supply is expanding rapidly, leading ...
A transit corridor pact signed by Azerbaijan and Armenia could be game-changing, according to several experts.
World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...
While oil market balances look ever more bloated as forecast supply far eclipses demand towards year-end and in 2026, ...
"The latest data show lackluster demand across the major economies," said the International Energy Agency in its latest report.
Iraq is reviving a decades-old vision to send its oil to the Mediterranean, holding talks with Syria on reopening routes ...
In the wake of the August 8 agreement signing in Washington, Armenian Prime Minister Nikol Pashinyan remains as complacent as ...
A new peace declaration between Armenia and Azerbaijan, brokered by the US, aims to transform the Caucasus, but faces significant obstacles from Russia, Iran, and unresolved internal issues.
Without Libya, Iran and Venezuela, which are freed from output cuts, the volume of production by countries of the alliance stood at 36.479 mln barrels per day ...
Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of ...