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Russia’s Gazprom reportedly shelves plans for a gas hub in Turkey

04/06/2025

Gazprom PJSC (OTC:), the Russian energy giant, has abandoned its plans to establish a new gas distribution hub in Turkey,

Oil prices steady as expected OPEC+ output increase offsets Canada supply pressure

04/06/2025

Oil prices held steady on Wednesday as concern around the OPEC+ groups next output increase were offset by Canadian supply

OPEC must squeeze US shale much more to win oil price war

04/06/2025

Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC’s high-stakes price war is starting

API Weekly Crude Stock sees drop, exceeds forecasted number

04/06/2025

The American Petroleum Institute (API) has released its weekly report on crude oil, gasoline, and distillate stocks, providing an overview

Viper Energy fortifies Permian presence with $4.1 billion Sitio deal

04/06/2025

Viper Energy (VNOM.O), will buy Sitio Royalties (STR.N), in an all-stock deal valued at about $4.1 billion, the companies said

Global oil refiners see short-term boost from higher margins

04/06/2025

Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite

Behind OPEC+ oil output hike, Saudi-Russian tensions simmer

04/06/2025

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate

Middle East Crude-Murban retreats; Dubai drifts lower on OPEC+ supply hike

04/06/2025

The Middle East crude benchmark spot premium of Murban pulled back on Tuesday after surging in the previous session on

Europe Gas Prices hold firm on elusive Ukraine ceasefire, muted supply

04/06/2025

Dutch and British wholesale gas prices were a little firmer on Tuesday morning as weaker demand was offset by ongoing

XRG targets gas, LNG capacity of 20-25 million tons per year by 2035

04/06/2025

XRG, the international investment arm of Abu Dhabi National Oil Company, said on Tuesday it aims to have a gas

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