Rubio Meets Lavrov
U.S. Secretary of State Marco Rubio met Russian Foreign Minister Sergei Lavrov in New York on Wednesday, marking a pivotal moment in diplomatic efforts to address…
Energy
UAE says its decision to leave OPEC was not a political move
The United Arab Emirates has clarified that its recent departure from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance was driven … Read more
Why Singapore’s fuel supply holds steady but not prices, and when cost pressures may ease – CNA
For the average driver in Singapore, the logic of the gas station often feels broken. While there is no shortage of petrol at the pump and … Read more
OPEC Oil Production Drops 30% Amid Iran War and Hormuz Blockade
The global energy market is grappling with a severe supply shock as OPEC reports that member production has plummeted by more than 30% since late February. … Read more
Ireland Energy Crisis: High Bills and the Debate Over Supplier Profits
For many Irish households, the monthly energy bill has shifted from a routine expense to a source of genuine financial anxiety. The sentiment is no longer … Read more
Aliko Dangote Eyes East Africa for Next Mega Oil Refinery
For decades, Africa has existed within a frustrating energy paradox: the continent possesses some of the world’s largest crude oil reserves, yet it remains almost entirely … Read more
Sustainable fuels house of the year: OTC Flow
The transition to a low-carbon economy is often discussed in terms of sweeping policy shifts and multi-billion-dollar infrastructure projects. But for the traders and risk managers … Read more
Oil Prices Surge Amid Escalating Israel-Iran Tensions and Energy Supply Risks
Global crude oil benchmarks surged on Monday as geopolitical instability in West Asia intensified, driven by a collapse in diplomatic negotiations between the United States and … Read more
Green Party Demands Government Caps Power Bill Hikes At Inflation Rate And Boosts Hardship Support
As winter approaches in New Zealand, the Green Party is intensifying its push for a fundamental shift in how the country’s energy giants operate, arguing that … Read more
Iran war will change global energy market in these ways, oil execs say
For decades, the global energy market operated on a philosophy of lean efficiency. The goal was simple: move the most oil and gas from the cheapest … Read more
IEA: The World Has Entered the Age of Electricity
The global energy landscape is undergoing a systemic shift that is no longer a distant projection of climate models, but a present-day economic reality. According to … Read more
NZ Minister Orders Review to Cut Solar Panel Red Tape
For the average New Zealand homeowner, the promise of rooftop solar is straightforward: a significant reduction in monthly power bills, often averaging around $1,000 in annual … Read more