Brent crude saw another volatile month as oil prices fell sharply in Asian trade, with markets on edge ahead of a new US sanctions package against Iran and what

Iranian oil cargoes to Asia have nearly halted, driving costs higher, while tanker traffic via the Strait of Hormuz slumped with fewer than 20 vessels passing a

Equinor secured a 15-year agreement to supply over 30 terawatt hours per year of natural gas to Germany via Uniper, locking in long-term European demand.

The Norwegian government is taking its fight to the Supreme Court to reverse lower-court decisions that invalidated development permits for three new oilfields,

ExxonMobil is competing with LyondellBasell and Apollo Global Management to acquire Shell's US chemicals business in a deal that could be worth $8 billion, per

Iran announced a major new gas find in southern Fars province with 7.5 Tcf of estimated gas, 73% recoverable, amid ongoing US economic pressure.

A global diesel crunch driven by reduced refining capacity and stored fuel depletion risks persisting beyond the current Middle East conflict, with the US threa

Japan's nationwide day-ahead electricity price jumped 20% in a week to the highest level since early 2023, driven by Middle East gas supply disruptions and an i

Energy Minister Terje Aasland said Norway will keep exploring for oil and gas in the Barents Sea Arctic waters whether or not the EU supports or lifts a morator

Norwegian regulator announced a gas and condensate discovery by Equinor and Aker BP close to the operating Balder field in the North Sea.

ExxonMobil is seeking billions in investment for a new project at Kashagan to cushion an expected production slide at Tengiz, Kazakhstan's largest oilfield.

Private equity firms are circling US utilities amid bipartisan concern over data center power demand, as AI reshapes electricity grid dynamics.

Mexico's Pemex and Brazil's Petrobras are jointly drilling prospects in Mexican Gulf of Mexico waters, targeting oil from source rock formations.

The Emirati state-owned renewables company began commercial operations at a 35MW BESS in Rochdale, England, its second UK startup toward a 3 GWh target.

The Rhine River rose slightly from record lows but barges still cannot carry normal loads through the Kaub chokepoint, leaving shipping constraints in place.

The US Energy Information Administration slightly lowered its 2026 total energy consumption projection while raising its 2027 forecast.

The world faces an extremely intense El Niño event that could disrupt weather patterns, bringing heavy rainfall to some regions and drought to others, threateni