Jet and diesel prices seize up as Iran-linked Houthis in Yemen block Red Sea shipping route amid peak summer travel demand.
Connectivity has become a buzzword for the Caspian and Central Asia as the integration advances of the region's Turkic states ...
The French major said shipping constraints — not shut-in or damaged production — have emerged as the biggest threat to global ...
Yemen's Houthis launched an "embargo" of Saudi Arabia's Red Sea ports by attacking at least one Saudi-owned vessel, while also claiming an attack on a second ship.
With no end in sight to renewed Mideast hostilities and few shock absorbers left to cope with disruptions, the market is in a precarious place.
Over the past three months, Russia accounted for over one-third of the oil shipments that went through the Bab al-Mandeb Strait.
The US may no longer be able to play the balancing role that helped prevent oil prices from spiraling during the first round ...
The major is entering assets, advancing FIDs and mulling Hormuz bypasses, but Pouyanne suggested the "reward" may "have to be a little higher" amid risks.
The Madrid-based utility sees no chance of gas supply shortages for its own customers, but fears for Europe at large.
The EU has reached agreement on additional sanctions against Russia while granting an exemption to Greece allowing it to ship Russian LNG to third countries.
Global oil markets are facing a widening supply gap and further demand contraction this year, Energy Intelligence’s latest ...
The Norwegian firm is not particularly known for refining or trading but is making the most of its position in NWE as markets ...