Colombia’s state-controlled oil company Ecopetrol (NYSE: EC) has completed its roughly $1.2 billion acquisition of a controlling 51% stake in Brazil’s Brava Energia, significantly expanding its ...
Jeff Currie thinks that is exactly the problem: everyone is staring at crude while the real energy shock is already showing up in the fuels people actually buy. “Nobody on the planet earth consumes ...
Gulf oil producers are finding new ways around the Strait of Hormuz, but bypassing the world’s biggest oil chokepoint creates new risks. VLCC Rates Go Ballistic as Hormuz Turns Into a Freight Jackpot ...
Russia has barred the openly anti-war Yabloko party from September’s parliamentary election as authorities intensify pressure on critics of the war in Ukraine.
War and extreme drought are simultaneously disrupting critical shipping routes from the Middle East to Europe and the Panama ...
MW coal unit after record-low Danube water levels forced both Cernavoda nuclear reactors offline, cutting 20% of its power.
Supertanker rates from the Persian Gulf to China hit $510,000 a day, the highest since June, as Hormuz security risk thins the fleet.
Tanker traffic at the Strait of Hormuz has become even more erratic than before, with vessels meandering and U-turning, unsure how to proceed amid escalating security threats and Iran’s insistence of ...
The Iran-aligned Houthi group on Tuesday claimed it had targeted Saudi Aramco’s Jazan oil refinery on Red Sea coast in southwest Saudi Arabia, in what was the third Houthi attack at the facility in ...
China's retail sales and industrial output missed forecasts in July, even as crude oil imports rebounded 22% from a decade low.
Pakistan's power generation costs jumped 38% in July as stranded Qatari cargoes forced it to buy spot LNG at the highest prices in four years.
A vessel was struck by an unidentified projectile while exiting the Strait of Hormuz as escalating regional tensions kept oil above $91 per barrel.