6/1/2026 9:49:02 AM (Volume: 43 / Issue: 6)
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Tag: US

Energy, Oil & Gas

Tanker attacks escalate in Gulf as US-Iran conflict intensifies

Attacks on commercial shipping in the Gulf intensified on Thursday as the war between the US and Iran escalated, raising concerns about disruptions to energy supplies from one of the world’s most critical oil transit routes. Nine vessels have come under attack since the conflict broke out on Saturday. ...

Energy, Oil & Gas

Hundreds of ships drop anchor in Gulf waters

At least 150 tankers, including crude and LNG vessels, dropped anchor in open Gulf waters beyond the Strait of Hormuz and dozens more were stationary on the other side of the chokepoint, shipping data showed, after US and Israeli strikes on Iran plunged the region into turmoil....

Energy, Oil & Gas

Oil near seven-month high as Mideast war clouds loom

Oil prices were hovering near seven-month highs on Wednesday as the threat of military conflict ​between the US and Iran ​that could disrupt supply continued ​to worry investors as talks between the parties are set for Thursday. Brent prices soared to $71.10 per barrel, their highest since July 31, 2025. ...

Energy, Oil & Gas

IEA calls for urgent grid expansion to meet surging electricity demand

Global power demand is set to grow by more than 3.5% per year on average over the rest of this decade, with electricity generation from renewables, natural gas and nuclear all expanding to keep pace, according to a new International Energy Agency (IEA) report. ...

Energy, Oil & Gas

Venezuela to export $2bn worth of oil to US

Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the US, US President Donald Trump said, a flagship negotiation that would divert supplies from China while helping Venezuela avoid deeper oil production cuts....

Energy, Oil & Gas

Aramco Group firms seal $30bn agreements, MoUs with US firms

Saudi oil giant Aramco has announced 17 MoUs and agreements with a potential total value of more than $30 billion with major companies in the US, through its Aramco Group Companies. These are aimed at supporting Aramco’s strategic growth objectives while enhancing its shareholder value. ...

Energy, Oil & Gas

Terra-Gen commissions Monte Cristo I Windpower project

Terra-Gen, one of the largest independent, integrated renewable energy producers in the US, jointly owned by Masdar and Igneo Infrastructure Partners, announced the commissioning of the Monte Cristo I Windpower Project....

Energy, Oil & Gas

Topsoe selected as tech partner for US greenfield SAF project

Topsoe, a provider of advanced technology and solutions for the energy transition, has been selected to deliver three of its advanced technologies, as well as catalysts and equipment, for NXTClean Fuels’ Port Westward project in Clatskanie, Oregon....

Energy, Oil & Gas

India's HPCL, MRPL buy 5m barrels of US, Mideast oil

Two Indian refiners have purchased 5 million barrels of crude oil from spot markets, seeking alternatives to Russian supplies. Hindustan Petroleum acquired 2 million barrels each of US West Texas Intermediate and Abu Dhabi's Murban crude, while Mangalore Refinery and Petrochemicals bought 1 million barrels of Basra Medium crude....

Energy, Oil & Gas

Three US regions produce more natural gas than most countries: EIA

In 2023, the US produced 104 Bcf/d of natural gas, surpassing Russia. Three US regions—Appalachia, Permian, and Haynesville—rank among the world's top ten producers, with Appalachia at 33 Bcf/d, Permian at 21 Bcf/d, and Haynesville at 15 Bcf/d....

Energy, Oil & Gas

US biofuels production capacity growth slowed in 2024: EIA

he pace of capacity additions for US biofuel production slowed in 2024, with production capacity increasing by a modest 3 per cent from the start of 2024 to the start of 2025, according to US Energy Information Administration (EIA) latest biofuels production capacity reports....

Energy, Oil & Gas

US fuel ethanol exports on track to set record: EIA

The US is on track to export a record amount of fuel ethanol for the second year in a row in 2025, driven by growing international demand. This growing market for exports is supporting increased US fuel ethanol production, even as domestic consumption stagnates, according to US Energy Information Administration (EIA) report....

Energy, Oil & Gas

US natural gas exports to Mexico reach new records: EIA

US natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (Bcf/d) in May 2025, the most of any month on record as Mexico’s demand for natural gas, particularly in the electric power sector, increases, according to US Energy Information Administration (EIA) ....

Energy, Oil & Gas

Americas LNG Summit & Exhibition 2025 to kick off on October 19

The Americas LNG Summit & Exhibition returns to Lake Charles, US, on October 19-21, 2025, bringing together energy leaders to explore the importance of LNG for economic growth, energy security and the global energy transition....

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