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Aphrodite Group Initiates Prelim Deals for Sale of Cypriot Gas to Egypt
Friday April 10, 2026
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The Chevron-led consortium secured commitment from relevant parties to execute a term sheet and a host government agreement to enable the piped export to Egypt of 100 percent of production from the Aphrodite field.
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Airport Group Warns Europe Risks Jet Fuel Crunch in Weeks
Europe faces a systemic jet-fuel shortage in three weeks' time if the Strait of Hormuz remains restricted until then, a regional airport trade association warned.
7:00 AM EST | April 12, 2026
Oil Flows from Saudi Port Steady for Now despite Attack
Saudi Arabia's oil exports via the Red Sea are holding steady for now, as the impact of a drone attack on its vital cross-country pipeline has yet to filter through.
8:00 PM EST | April 10, 2026
Aphrodite Group Initiates Prelim Deals for Sale of Cypriot Gas to Egypt
The Chevron-led consortium secured commitment from relevant parties to execute a term sheet and a host government agreement to enable the piped export to Egypt of 100 percent of production from the Aphrodite field.
9:47 AM EST | April 10, 2026
Reliance Caps Sales at $11 Per Pump as Shortages Deepen
India's largest private-sector refiner is restricting individual purchases to INR 1,000 per visit at fuel stations it operates with partner BP, according to people familiar with the matter.
9:17 AM EST | April 09, 2026
China's LNG Demand Won't Bounce Back
Hopes for a strong rebound in China's demand for liquefied natural gas are fading, despite the ceasefire called in the Middle East.
5:00 PM EST | April 08, 2026
Commonwealth LNG Finalizes Offtake Agreements
Owners Kimmeridge and Mubadala expect to make a final investment decision 'in the coming weeks'.
10:38 AM EST | April 08, 2026
EIA Fuel Update Shows Rising Price Trend
The EIA's latest gasoline fuel update showed a rising price trend for U.S. regular gasoline.
10:31 AM EST | April 08, 2026
Phillips 66 Books $900MM in Hedging Losses as Prices Surge
'The sharp increase in commodity prices during the first quarter resulted in a net outflow of approximately $3 billion of cash collateral on derivative positions'.
8:58 AM EST | April 07, 2026
Cheniere CEO Fusco to Assume Chairmanship as Botta Retires
Fusco will take over from Botta while continuing to serve as president and chief executive after Botta's exit May 14, the date of Cheniere's yearly shareholder meeting.
7:08 AM EST | April 07, 2026
India Back to Buying Venezuelan Crude
India is set to import the most oil from Venezuela in almost six years.
3:52 AM EST | April 07, 2026
India's Refiners Delay Maintenance
The delay by India's state-run refiners comes as the nation grapples with a supply crunch following the effective closure of the Strait of Hormuz.
5:00 PM EST | April 06, 2026
BMI Ups Global Diesel Price Forecast
'We have revised up our 2026 diesel price forecast, as we move to our 'extend to end' [conflict] scenario', BMI analysts said.
7:31 AM EST | April 06, 2026
Petronas Says It's on Alert over Fuel Supply in Malaysia
Oil-producing Malaysia 'is not fully insulated' from the supply disruption brought about by the ongoing war in the Middle East, the national oil company said.
6:52 AM EST | April 06, 2026
Manila Says Iran Assured Passage for Ships Carrying Energy for Philippines
'Iran will allow the safe, unhindered and expeditious passage through the Strait of Hormuz of Philippine-flagged vessels, energy sources and all Filipino seafarers', the Philippine Foreign Affairs Department said.
6:05 AM EST | April 03, 2026
Russia Preparing to Send 2nd Oil Tanker to Cuba
Russia plans to send a second oil tanker to crisis-ridden Cuba, further testing an effective US energy blockade of the communist-run island.
3:05 AM EST | April 03, 2026
USA Crude Oil Stocks Rise More Than 5MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 461.6 million barrels on March 27, according to the EIA's latest weekly petroleum status report.
3:00 PM EST | April 02, 2026
Eni Secures EIB Funding for New Italian Biorefinery
This is Eni's second biorefining project to be bankrolled by the EIB.
7:52 AM EST | April 02, 2026
Missile Hits Oil Tanker Leased to QatarEnergy
'None of the crew members on board were injured, and there is no impact on the environment as a result of this incident'.
4:47 AM EST | April 02, 2026
Some French Gas Stations Run Dry
Hundreds of French filling stations have run dry as drivers rushed to fill up vehicles.
5:00 PM EST | April 01, 2026
ADNOC, OMV Launch New Polyolefins JV
Borouge International becomes 'the world's leading pure-play polyolefins company and fourth-largest polyolefins producer'.
5:52 AM EST | April 01, 2026
EU Countries Told to Keep Refineries Running, Increase Biofuels Uptake
'The European Union's security of supply remains guaranteed but we must be ready for a potentially prolonged disruption of international energy trade'.
4:55 AM EST | April 01, 2026
Asia Turns to Russian Oil amid Mideast War
The Philippines took its first cargo of ESPO crude in nearly six years, while South Korea's first Russian naphtha shipment this year has arrived and other countries including Sri Lanka are in talks with Moscow.
3:22 AM EST | April 01, 2026
QatarEnergy, ExxonMobil Start Production at Texas LNG Project
Golden Pass LNG expects to ship its first cargo in the second quarter.
11:54 AM EST | March 31, 2026
USA Gasoline Price Jumps to Over $4 Per Gallon
The average regular U.S. gasoline price has jumped to over $4 per gallon.
7:15 AM EST | March 31, 2026
Iran Strikes Loaded Kuwait Oil Tanker off Dubai
An Iranian drone hit a fully laden Kuwaiti oil tanker off Dubai in one of the most significant attacks on a vessel in a month of war, pushing crude prices higher and heightening tension around the vital Strait of Hormuz.
3:33 AM EST | March 31, 2026
EPA Adopts New RFS, Leaves Out Renewable Power
'The Trump EPA has removed 'renewable electricity' from the RFS program; once again taking action to end the efforts to push EVs onto the American people'.
11:00 AM EST | March 30, 2026
EDF to Supply Nuclear Power to TotalEnergies Downstream Sites in France
EDF bagged a 12-year deal to deliver nuclear electricity to TotalEnergies's refining and chemical sites in France.
7:53 AM EST | March 30, 2026
ADNOC, OMV Unveil Executive Leadership for Polyolefins JV
OMV and ADNOC named NOVA Chemicals resident and chief executive Roger Kearns as CEO of Borouge Group International, set for launch this March as a consolidation of ADNOC and OMV's polyolefins businesses.
5:12 AM EST | March 30, 2026
UAE Port Ramps Up Hormuz-Dodging Oil Flows
The United Arab Emirates has been ramping up oil exports from a vital port that lies outside the Strait of Hormuz.
4:00 PM EST | March 27, 2026
USA Crude Oil Stocks Rise by Almost 7MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 456.2 million barrels on March 20, the EIA's latest weekly petroleum status report showed.
8:05 AM EST | March 27, 2026
India Taxes Fuel Exports
India has announced a series of tax changes including a levy on fuel exports, as the country tries to shield consumers from the impact of a deepening conflict in the Middle East that has upended energy supply.
4:13 AM EST | March 27, 2026
Ukraine Says It Attacked Russia's Kirishi Refinery
Ukraine said it hit a key Russian export-oriented oil refinery in the Leningrad region overnight.
10:54 AM EST | March 26, 2026
Philippines Takes Delivery of Russian Oil after US Waiver
Philippine refiner Petron received a shipment of Russian oil, according to its chief executive, after the U.S. issued a waiver allowing the purchase of the crude.
4:33 AM EST | March 26, 2026
Chevron Warns California Risks Energy Crisis Due to Iran War
Chevron Corp. is warning that California is careening toward an energy crisis because of the Iran war.
4:00 PM EST | March 25, 2026
Key Russian Port Pauses Oil Loading after Drone Strike
Russia's Ust-Luga port on the Baltic Sea has halted crude loadings as Ukraine carried out the most intense air strike on its foe in more than a year, setting some of the port facilities on fire.
11:11 AM EST | March 25, 2026
JERA Secures Regasification Rights at Dunkirk Terminal
'This marks JERA's first acquisition of overseas LNG terminal capacity and strengthens the company's ability to manage global LNG supply and demand'.
9:35 AM EST | March 25, 2026
Philippines Eyes Russian Oil as Marcos Declares Emergency
Marcos said the Southeast Asian country's current fuel supply could last about 45 days and that it is 'exploring' importing oil from non-traditional source Russia.
6:55 AM EST | March 25, 2026
Idemitsu Forays into LNG with MidOcean Investment
The Japanese energy company said it is venturing into the liquefied natural gas business with a $500 million investment in EIG's MidOcean.
5:20 AM EST | March 25, 2026
Venture Global Notches 5-Year LNG Order from Vitol
Deliveries are to start this year.
8:21 AM EST | March 24, 2026
Anaergia, Southwest Gas RNG Contract Gets Conditional Approval
Anaergia's SoCal facility 'will be the first to supply RNG under California's Senate Bill 1440 Biomethane Procurement Program'.
6:06 AM EST | March 24, 2026
Dorian LPG Takes Delivery of New VLGC
Dorian's fleet now consists of 28 vessels, of which 22 are owned by the company.
5:15 AM EST | March 24, 2026
QatarEnergy Missile Strikes May Cause $100B Revenue Loss
QatarEnergy said it expects the damage to its Ras Laffan Industrial City caused by missile strikes to cost about $20 billion a year in lost revenue and to take up to five years to repair.
8:01 AM EST | March 23, 2026
Australia Weighs LNG Windfall Tax
Prime Minister Anthony Albanese has asked Australia's Treasury to look into imposing a windfall tax on the country's vast liquefied natural gas industry.
8:00 AM EST | March 21, 2026
California's Gas Watchdog Warns of Gouging
California's energy regulator is keeping a close watch on the state's gasoline market for potential price gouging.
11:07 AM EST | March 20, 2026
USA Crude Oil Stocks Rise More Than 6MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 449.3 million barrels on March 13, the EIA's latest weekly petroleum status report showed.
8:29 AM EST | March 20, 2026
ADNOC, OMV Tweak Investment Plans for Polyolefins JV
'Considering the current market environment, OMV and ADNOC have agreed to strengthen the balance sheet of Borouge Group International AG as a precautionary measure'.
8:05 AM EST | March 20, 2026
BP to Sell German Refinery to Klesch
BP has raised its target for 'structural cost reductions' by 2027 to $6.5-7.5 billion following a deal to divest its refinery and associated assets in Gelsenkirchen, Germany to Klesch.
6:23 AM EST | March 19, 2026
EU Gets Ukraine Nod to Jointly Restore Druzhba Oil Flows
Kyiv agreed to restore flows to Hungary and Slovakia after EU senior officials told Ukraine the resumption would pave the way for the finalization of a EUR 90-billion loan and a fresh package of sanctions against Russia.
6:11 AM EST | March 18, 2026
China Poised to Tap Vast Oil Stocks, FGE Says
China, the world's biggest crude importer, is close to tapping its vast commercial oil reserves as the Middle East war shows no signs of ending, according to FGE NexantECA.
4:17 AM EST | March 18, 2026
Venture Global Approves CP2 LNG Phase 2
The Arlington, Virginia-based developer also sealed $8.6 billion in financing for phase 2, which it expects to make the company the biggest exporter of U.S. LNG.
11:48 AM EST | March 17, 2026