Archive snapshot · Energy
Mon, Sep 28, 9:32 PM ET
Oil jumps over 3% as Trump rejects Iran's UN peace proposal, Brent tops $107
Reignited Middle East war fears drove crude higher, with Brent up more than 3% intraday and Trump sending mixed signals on a Hormuz deal.
Rigzone · +1 outlets
Iran holds firm on seven-day Hormuz reopening plan as Trump signals ambivalence
The Strait of Hormuz remains shut or restricted, keeping a key crude and LNG chokepoint at the center of global supply risk.
Rigzone
European gas prices rise 2% on US-Iran stalemate over Hormuz reopening
A prolonged Hormuz closure keeps LNG flows constrained, lifting TTF benchmark prices in early Amsterdam trade.
Oilprice
Mid East crude exports rebound to 12.8 million bpd, led by Saudi rerouting
Kpler data show exporters shifting flows from west to east, partially restoring volumes despite the regional conflict.
Oilprice · +1 outlets
TotalEnergies targets over 3% annual oil and gas output growth through 2030
The French supermajor's strategy update pairs production growth from low-cost projects with a 50% cut in Scope 1 and 2 upstream and downstream emissions by 2030
Oilprice · +2 outlets
30+ US business and energy groups urge Trump to reject fuel export restrictions
AFPM and allied manufacturing and business associations warn export limits would harm domestic industry amid talk of a diesel ban.
Rigzone · +8 outlets
Goldman warns diesel export ban would ultimately push gasoline prices higher
The bank says a ban would lower prices only until storage fills, after which costs would climb, as Washington weighs export curbs.
Oilprice
Global gas squeeze seen lasting through next summer, threatening Europe
Tight supply could prolong demand destruction and hit Europe hardest as it heads into winter with weak storage.
Oilprice · +1 outlets
EU opens door to one-year delay in methane reporting rules for importers
Brussels cites energy security concerns from the Iran war in giving oil and gas importers more preparation time.
Rigzone · +1 outlets
EPA power plant rollback to add 123 million tons of CO2, analysis finds
The agency's move to drop Clean Air Act greenhouse gas authority over power plants would raise cumulative emissions.
Oilprice · +1 outlets
Germany's gas storage at 57% but VNG says winter supply is covered
Diversified imports let Europe's largest economy avoid a shortage despite record-low storage levels, a major importer says.
Oilprice · +1 outlets
Chevron and ExxonMobil sign potential crude, LNG and LPG supply deals with Vietnam's PVN
The state-owned PVN said agreements could secure US hydrocarbons for Vietnam as it seeks diversified supply.
Rigzone
UK grid operator flags 1.4 GW power margin shortfall for Monday evening
NESO issued a routine precautionary notice after record summer heatwaves stressed the system.
Oilprice
Indonesia's thermal coal exports fall 23% even as global coal demand heads for a record
The world's top thermal coal exporter is missing out as Asia switches from LNG to coal amid the Middle East supply crisis.
Oilprice · +1 outlets
Venezuela's oil revival could require more than $100 billion in investment
The US-led restructuring that pushed out Russian and Chinese partners faces steep costs to rebuild the country's crude industry.
Oilprice · +1 outlets
AI data center boom faces reality check as utilities vet speculative power requests
Utilities are scrutinizing large speculative load requests, threatening a share of proposed data center projects.
Oilprice · +1 outlets
Brazil expands renewables while oil production keeps climbing
Favorable policy and foreign investment are growing Brazil's green capacity alongside rising crude output.
Oilprice · +1 outlets
Commentary: next global energy crisis will stem from multiple sources at once
Analysis argues weather, supply and geopolitical shocks are increasingly converging rather than acting alone.
Oilprice

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