Oct 15 (Reuters) – Venture Global (VG.N) said on Thursday it had signed deals with GE Vernova (GEV.N) and Baker Hughes (BKR.O) to support up to 16 new power generation units, advancing plans to develop off-grid power capacity that could support AI data centers and its LNG operations. The rapid growth of data centers has …
Venture Global Inks Deals With GE Vernova, Baker Hughes for Power Expansion Read More »
By Dmitry Zhdannikov Attack on Abqaiq in 2019 was key learning experience, CEO says Firm employs inspection drones, rapid response teams Grows capacity to handle multiple incidents at once LONDON, Oct 15 (Reuters) – When attack drones struck Saudi Aramco’s (2222.SE) biggest oil pipeline last month, satellite images showed one of its pumping stations burnt …
How Aramco Learned to Keep Pumping Oil Under Fire Read More »
By Forrest Crellin, Robert Harvey and Pietro Lombardi About 330 million barrels from March pledge released so far Spain says it will release 4.4 million barrels in October Price reaction suggests disappointment release is not larger, analyst says PARIS/LONDON/MADRID, Oct 15 (Reuters) – The International Energy Agency agreed on Thursday to release over 20 million …
IEA to Speed Up Oil Stocks Release Including Over 20 Million Barrels of Diesel Read More »
The Kremlin said on Thursday that Russian diesel had begun to reach global markets following an agreement with US President Donald Trump.Trump said last week that Russia had agreed to supply diesel to global markets in an effort to lower fuel prices, while Moscow partially lifted its ban on diesel exports from October 10 following …
Kremlin Says Russia Restarts Diesel Exports After Deal with Trump Read More »
(Reuters) – Oil markets initially treated the Iran war as a brief bullish disruption in a long-term bearish trend. But traders are now betting that oil prices will remain elevated through 2028, forcing a rethink of the global inflation outlook. Eight months into the war, the buffers that helped absorb the initial energy shock – …
Oil’s Long View Darkens as Iran War Refuses to End: Bousso Read More »
(Reuters) – Iran’s army said on Thursday that a “violating” oil tanker is on fire in the eastern part of the Strait of Hormuz, according to a statement carried by state media. “This rogue tanker, having disabled its tracking systems, was attempting to pass through the restricted area in the Gulf of Oman”, the army …
Iran’s Army Says Oil Tanker on Fire in the Strait of Hormuz Read More »
EnergyNow Morning Oil Price Report Report Date & Time: October 15, 2026 – 5:29 a.m. MDT – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude is indicated at approximately US$95.23 per barrel, up US$0.14, or 0.15%, from Wednesday’s official settlement of US$95.09. The accessible market quotation shows WTI relatively flat, although …
Industry leaders emphasize practical energy transitions, reliable oil and gas supplies and new technology as Middle East attacks push crude prices higher and the IEA warns of prolonged diesel shortages. ENERGYNOW MEDIA | October 14, 2026 RIYADH, SAUDI ARABIA — Energy security, infrastructure investment, natural gas and artificial intelligence dominated Wednesday’s proceedings at the 25th …
(Reuters) – US President Donald Trump said on Wednesday that “massive oil, gas and mineral exploration”was set to begin on Greenland, a contentious statement on a territory that has resisted his efforts to control it and has banned new drilling for crude. Trump described the Danish Arctic island which is run by a semi-autonomous government …
Trump Says Massive Oil, Gas Exploration Set to Begin in ‘Our Greenland’ Read More »
(Reuters) – The jump to record highs in the cost of shipping oil in supertankers is squeezing profit margins for Asian oil refiners, who are heavily dependent on Middle Eastern crude, the International Energy Agency said in a monthly report. Asian oil refiners have faced the highest transportation costs as cargoes are moved through the …
Record Oil Tanker Rates Put Pressure on Asian Refiners, IEA Says Read More »
