(Reuters) – Goldman Sachs said on Saturday that a US diesel export ban would initially put moderate downward pressure on diesel prices, and that restrictions on exports, including quotas, were a plausible outcome. Here are a few details: US President Donald Trump on Tuesday backed the idea of banning US diesel exports, with the US …
Goldman Expects Initial Diesel Price Decline Under US Export Curbs Read More »
(Reuters) – The European Commission plans to postpone the European Union’s landmark law to reduce methane emissions, a spokesperson said on Monday, following calls from governments including France and the United States to pause or roll back the policy. “The Commission plans to propose a postponement of the entry into force of the methane regulation,” …
EU to Delay Methane Emissions Rules After Pushback From Governments Read More »
(Reuters) – The world’s biggest energy companies are poised to deliver another quarter of bumper profits, fuelled by record refining margins. Flush with cash, Big Oil now needs to chart a course for future growth in a world reshaped by the Middle East crisis. Big Oil has seen its cash coffers balloon this year. The …
Cash-Rich Oil Majors Face Post-Iran Strategy Rethink: Bousso Read More »
FRISCO, TX, Sept. 28, 2026 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE and NYSE Texas: CRK) (“Comstock” or the “Company”) announced today that in conjunction with the Azerbaijan International Investment Forum, Comstock and SOCAR entered into a Framework Agreement memorializing the previously announced strategic partnership and SOCAR’s $1.65 billion investment in the Haynesville Shale, North …
Crude oil exports from key Middle East producers rebounded in September to 12.8 million barrels per day, the highest since the US-Israeli war with Iran started in February, data from Kpler showed on Monday, as Saudi Arabia and the United Arab Emirates boosted exports. The rebound came following a recovery in exports via the …
Mideast Oil Exports Rebound in September as Saudi Arabia Boosts Shipments Read More »
Takeaways by Bloomberg AI Russian airstrikes overnight and early Sunday killed at least six people across Ukraine and targeted a number of major data centers in Kyiv, officials said. Civilian infrastructure, including energy facilities and residential buildings across at least eight regions, came under attack, Ukrainian President Volodymyr Zelenskyy said. Kremlin forces also struck logistics …
Russia Hits Ukraine Data Centers in Barrage That Killed Six Read More »
President Donald Trump predicted on Saturday that the US and Cuba will reach an agreement and that he does not think military action will be necessary. “I would say that Cuba and us will make a deal. I don’t think we’ll need the military,” Trump told reporters at the White House. The Trump administration …
Oil producer Saudi Aramco has hired Evercore to advise on a restructuring that would create a standalone gas division and open the door to a potential future listing of the unit, Bloomberg News reported on Saturday, citing people familiar with the matter. Boston Consulting Group also advised Aramco to split off its gas operations in …
Saudi Aramco is Working with Evercore on Gas Unit Plans, Bloomberg News Reports Read More »
* Trump rejects Iran’s proposal for reopening Hormuz * Iran says reopening Hormuz hinges on conditions being met and negotiated solution * Senior Iranian official says Tehran shows no flexibility on nuclear program By Trevor Hunnicutt, Yomna Ehab and Menna Alaa El-Din (Reuters) – Iran on Sunday insisted that only diplomacy can solve its conflict …
Venezuela’s interim President Delcy Rodriguez arrived in New York last week for the UN General Assembly seeking business deals on debt, energy and mining, to demonstrate the once sanctioned country was open for business again after US forces removed her predecessor in January. She pledged in her speech before the UN that the South American …
