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Conflict in the Middle East is affecting a key energy lifeline for Europe. How big is the risk?


Missiles and drones are flying in the Red Sea, disrupting one of the world’s key trade arteries and a chokepoint

Exxon raises Guyana’s oil production to about 645,000 barrels per day


A consortium led by Exxon Mobil Corp XOM.N which controls all oil production in Guyana is pumping about 645,000 barrels

Petrobras in talks for projects with Gulf, Indian, Chinese firms, CEO says


Brazil’s state-run Petrobras is in talks with other national oil companies in China, India and the Middle East, including Kuwait

Asia Naphtha/Gasoline-Naphtha prices rise for third day on supply fears


Asia’s naphtha prices rose for a third straight session on Wednesday amid persisting supply disruption fears due to tensions in

Nigeria: Production commences at the Akpo West field


TotalEnergies and its partners announce the start of production from the Akpo West field on the PML2 license in Nigeria.


Middle East Crude-Benchmarks rise as oversupply worries ease


Middle East crude benchmarks Oman, Dubai and Murban advanced on Wednesday, underpinned by active spot trades and easing concerns about

US natgas output and demand to hit record highs in 2024 -EIA


U.S. natural gas production and demand will rise to record highs in 2024, the U.S. Energy Information Administration (EIA) said

Kazakhstan doubles amount of oil circumventing Russia


Kazakhstan almost doubled oil exports circumventing Russia’s ports in 2023 to 3.73 million metric tons (74,600 barrels per day) from

Russian refineries cut Jan oil processing by 4% y/y – Kommersant


Russian oil refineries in January reduced processing by 4% from a year-ago period, and 1.4% from the prior month due

Ukraine gas output rose to 18.7 bcm in 2023, energy minister says


Ukraine’s natural gas production increased to 18.7 billion cubic metres (bcm) in 2023 from 18.5 bcm in 2022, Energy Minister

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