energy

The Moscow Oil Refinery is highly unlikely to resume production before 2027 after suffering extensive structural damage from multiple strikes by Ukraine’s long-range drones, dealing a further blow to a country grappling with severe fuel shortages, Reuters reports. Operated by Gazprom Neft, the facil

Qatar to resume normal liquefied natural gas production 'within a few weeks', PM tells FT Reuters

Extreme heat increases demand for power and reduces efficiency of solar panels

Daan Struyven, co-head of global commodities research at Goldman Sachs, explains the three reasons why oil prices are coming down so quickly following the US and Iran reaching an interim peace agreement and says analysts and investors “underappreciated the flexibility” in global oil markets during t

Three Energy Stocks With 48%+ Upside Potential, According toWarrenAI

Malaysia’s state energy firm Petronas has made a natural gas discovery offshore Suriname, the country’s president said this week, as quoted by Reuters, expecting the Malaysian major to make the final investment decision on the development of Block 52 by the end of the year. “To date, we have made ei

Africa Energy announces US$4.5M private placement to advance offshore South Africa project

Oil extends slide on expectations of smoother crude flows via Hormuz Reuters

This probably isn’t when it bursts, but there’s room for plenty of over-leveraged damage.

Asian refiners have slowed purchases of Middle Eastern crude after a buying spree over the past three weeks, with oil majors and traders stepping in to take some of the surplus barrels.