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Korea, Canada to Expand Supply through Energy Cooperation

A new phase of energy cooperation between South Korea...

Azerbaijan’s ACG Field Commences First-Ever Gas Production

In a landmark development for Azerbaijan's energy landscape, the...

OQEP, PTTEP to Advance Oman-Thailand Energy Exploration

Oman's integrated energy group OQ, through its upstream arm...

Türkiye and Azerbaijan Sign Major 33 BCM Natural Gas Supply Agreement

Türkiye's state energy company BOTAS and Azerbaijan's state oil...

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...

State-Owned Saudi Oil Firm Aims Selling Range of Assets

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

India Imports ₹3.3 bn Russian Fossil Fuels in November 2025

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

Natural Gas Price Forecast Tagging a 50-Day Average

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