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How UAE’s Exit from OPEC would Affect the Global Oil Market

The United Arab Emirates’ decision to exit Organization of...

Eni Advances FID on Baleine Project Phase 3 in West Africa

Italy’s leading energy firm, Eni, has officially greenlit the...

Adnoc Oil Shipments Sneak through Strait of Hormuz Blockades

Abu Dhabi National Oil Co. (Adnoc) has been actively...

Kuwait Eyes Liquefied Natural Gas, Hydrogen for Energy Shift

The Ministry of Oil in Kuwait convened a virtual...

U.S. Hit Record Natural Gas Production in 2025, says EIA

The Energy Information Administration (EIA) reported that the United States achieved record natural gas production in 2025, with marketed output rising by 5.3 billion...

U.S. to Release 172 Million Barrels of Oil to Calm Market

The U.S. will release 172 million barrels of oil from the Strategic Petroleum Reserve, a step aimed at easing energy costs as the Iran...

U.S. Issues 30-day Sanctions Waiver for Russian Oil at Sea

The United States of America has introduced a 30-day sanctions waiver allowing countries to purchase sanctioned Russian oil and petroleum products that are currently...

U.S. Undiscovered Offshore Reserves Hold a Century Of Supply

The Bureau of Ocean Energy Management (BOEM) has released the 2026 National Assessment of Undiscovered Oil and Gas Resources, offering a detailed evaluation of...

U.S. Launches $20 Bn Reinsurance Program for Gulf Shipping

The administration under U.S. President Donald Trump has unveiled a $20 bn reinsurance program intended to restore shipping activity in the strategically vital Strait...

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Global LNG Supply Excess Could Shrink the Prices By 2026

The global LNG supply is increasing, and the growth...

Natural Gas Price Forecast Tagging a 50-Day Average

Natural gas saw a dip on December 12, 2025,...

India Imports ₹3.3 bn Russian Fossil Fuels in November 2025

In recent news, India went on to import ₹3.3...

State-Owned Saudi Oil Firm Aims Selling Range of Assets

Aramco from Saudi Arabia is actually giving consideration to...
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