Iberdrola Starts Up Spain's Biggest Battery Energy Storage Project
'With 58 MW of power and 120 MWh of storage capacity, the project marks another step forward in the company's commitment to energy storage as a key pillar of electrification and renewable integration'.
GasBuddy Warns USA Gas Price Relief May be Short Lived
GasBuddy highlighted that gasoline prices in the U.S. are 'plunging' but warned that the 'relief may be short lived'.
Kuwait to Look at Expanding Global Oil Storage
The U.S. and Israeli campaign against Iran that began in late-February has led to unprecedented upheaval in global markets.
Repsol Adds 200,000 Tons of Annual Capacity for Renewable Fuel Production
The Spanish energy company producing renewable diesel at its Puertollano Industrial Complex in Ciudad Real, its second plant dedicated exclusively to producing 100 percent renewable fuels.
Energy Cos Team Up for New AI Powered Safety Initiative
Enverus revealed that it has teamed up with Continental Resources, BPX Energy, Chord Energy, and Ranger Energy Services to introduce LifeSaver, 'a field safety initiative'.
BW LPG Sees YoY Increase in Shipping Revenue
'Current earnings continue to be supported by trading inefficiencies and a shortage of available vessels on the US-Far East trade'.
Oil Trading Higher for Third Consecutive Session
'Market pessimism once again grows over the prospects of a U.S.-Iran deal that could pave the way for a reopening of the Strait of Hormuz', Ole S. Hansen, Head of Commodity Strategy at Saxo Bank, said.
INEOS to Supply LNG to Asia under Marubeni Deal
The agreement with the Japanese trading and investment conglomerate represents INEOS' first LNG deliveries to the Asia-Pacific region.
Tensions Broil Again as Iran Hits US Mideast Allies
U.S. forces intercepted Iranian ballistic missiles and drones aimed at neighboring Middle East countries and struck a command center in the Islamic Republic in response - the latest flare-up to test a fragile ceasefire.
Princeton Endowment Backs Out of Oil, Gas Divestment Pledge
Princeton University's endowment is backtracking on its pledge to divest from publicly traded oil and gas companies.
Crude Gains as Peace Deal Doubts Grow
Oil prices rose as doubts emerged over a US-Iran peace agreement.
Eldorado to Acquire Vantage Drilling
Vantage Drilling said it has agreed to a takeover by Eldorado to create a more scalable offshore drilling platform.
Falcon Now under Tamboran
The merger consolidates Tamboran's position in the Beetaloo Basin onshore Australia's Northern Territory into a leading 2.8 million net prospective acres.
Analysts Tell OPEC+ Hormuz Disruption Will Last Through Year End
Consultants and analysts gathered at OPEC's Vienna headquarters for a technical meeting on Monday.
North America Adds 28 Rigs Week on Week
North America added 28 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
BP Starts Production at Caspian Gas Project
'This marks the first-ever commercial gas production operations on ACG, one of the world's largest oil-producing fields'.
JP Morgan Sees Increasing Monthly Oil Demand Losses
'Globally, we track demand losses of 2.8 million barrels per day in March, 4.3 million barrels per day in April, and 5.6 million barrels per day in May', J.P. Morgan analysts said.
Rosneft Sees Increase in Profit on Higher Oil Prices
Despite Rosneft's stronger showing in the first three months of 2026, CEO Igor Sechin said the company may book impairments due to 'significant operational risks' including infrastructure attacks.
Analyst Flags Conflicting USA-Iran War Statements
'We hear and read conflicting statements and headlines around the clock regarding negotiations between the United States and Iran to end this war', Samer Hasn, a Senior Market Analyst at XS.com, said.
LNG Deliveries to China Rebound in May
The world's largest LNG buyer stepped up purchases ahead of peak summer demand, reversing a months-long decline following disruptions to Middle East supplies.
