News
U. S. Oil Dominance Keeps Growing Despite Lower Prices
1+ hour, 5+ min ago (409+ words) NATO leaders ended their Ankara" As AI drives explosive demand" While much of the world spent 2025 debating peak oil, the United States was busy setting another production record. New data from the U. S. Energy Information Administration showed that U. S. crude oil production,…...
China Walks Away From Georgia's Strategic Deep-Water Port Project
1+ hour, 24+ min ago (467+ words) U. S. Oil Dominance Keeps Growing Despite Lower Prices Azerbaijan is trying to prevent" Azerbaijan and Uzbekistan have expanded" China is rapidly expanding its" China has walked away from the Anaklia Deep Sea Port project, ending speculation over one of Georgia's most…...
NATO Projects Unity as Leaders Rally Behind Ukraine
3+ hour, 4+ min ago (1104+ words) Indonesia Receives First Russian Crude Shipment Under April Supply Deal The 2026 Statistical Review shows" Europe's U. S. LNG purchases hit" The U. S. and its allies" It is fair to say that the final day of the NATO summit in Ankara on July 8 got…...
Indonesia Receives First Russian Crude Shipment Under April Supply Deal
3+ hour, 39+ min ago (439+ words) Oil price volatility from the" Trump declared the Iran agreement" Indonesia has recently welcomed the first cargo of Russian crude oil under a deal Southeast Asia's biggest economy struck with Moscow in April. About 770, 000 barrels of Russian crude oil was…...
Shippers Cool on Green Fuels as Costs Stay Too High
3+ hour, 39+ min ago (499+ words) BP Weighs North Sea Exit Under New CEO Canada is fast-tracking a new" Hess has retired 12. 5 million" The shipping industry is being blamed by climate activists for emitting a solid portion of the world's atmospheric carbon dioxide. Under pressure, the…...
BP Weighs North Sea Exit Under New CEO
4+ hour, 26+ min ago (457+ words) Base metals priced Iran's war" How Abilene's wind boom quietly" BP has started to simplify its portfolio and cut costs, and will make fewer but better choices in which projects to invest, chief executive Meg O'Neill said on Thursday. "We…...
Ukraine Hits Two Russian Fuel Tankers as Moscow's Fuel Crisis Deepens
6+ hour, 53+ min ago (434+ words) How Abilene's wind boom quietly" Russia's largest Kyiv strike this" Ukraine hit two fuel tankers overnight offshore Russia's southern coast in an expanding campaign to deepen the fuel crisis in Russia. The two tankers were hit in Taganrog Bay, the…...
Escalation Continues as U. S. and Iran Face Off Over Hormuz
8+ hour, 54+ min ago (446+ words) UAE crude output surged to" Iran has rapidly ramped up" The United States is prepared for a continued exchange of fire with Iran over the Strait of Hormuz and Tehran's attacks on commercial vessels in the chokepoint, U. S. officials have told…...
Hormuz Tanker Traffic Grinds to a Halt After U. S. -Iran Escalation
12+ hour, 7+ min ago (467+ words) The U. S. power grid was" OPEC+ is expected to approve" What was a flood of oil and gas leaving the Strait of Hormuz two weeks ago has now ground to a halt as the United States and Iran began firing missiles…...
Dangote's Next Move Could Create the World's Largest Refinery
19+ hour, 10+ min ago (127+ words) IMF Downgrades Global Economic Growth Forecast To 3% Amid Iran War Blackstone's QTS has ended its" Andy Burnham looks set to" Jet2 reported a "388 million" By Natalia Katona for Oilprice. com How an Accidental Discovery in a Texas Lab Could Reshape Battery…...