(Reuters) – The world’s top energy executives return to Houston next week as the escalating U.S.-Israeli war on Iran has become a nightmare for energy markets, as unprecedented attacks on infrastructure and shipping disruptions sent global oil prices soaring while governments scrambled to fight inflation and avoid recessions. Global oil prices jumped this week, hitting …
(Reuters) – Liquefied natural gas (LNG) supplies from Qatar to India could be impacted following Iranian strikes on energy facilities in the Middle Eastern nation, a government official said on Friday. India, the world’s fourth-largest LNG importer, relies on Qatar for about 41% of its gas imports. In 2024/25, India imported over 27 million metric …
India Sees Qatar LNG Supply Cut After Iran Strike Read More »
By Marianna Parraga Vessel Sea Horse had loaded a Russia-origin cargo earlier this year US Treasury said a waiver to Russian cargoes does not cover sales to Cuba March 20 (Reuters) – A tanker carrying fuel originally bound for Cuba on Friday changed its destination to Trinidad and Tobago, according to LSEG ship-tracking data, a …
Tanker Carrying Fuel Originally Bound for Cuba Diverts to Trinidad, Shipping Data Shows Read More »
CEO says Iran war has bolstered the outlook for the Ksi Lisims LNG project which will need a pipeline partner By Meghan Potkins Two years after exiting a key pipeline project tied to a proposed new liquefied natural gas terminal on British Columbia’s coast, TC Energy Corp. chief executive François Poirier says the company could …
(Reuters) – Prime Minister Anthony Albanese has asked Australia’s Treasury to model options for a tax on the windfall profits of gas companies, the Australian Broadcasting Corporation reported on Friday, as well as to suggest reforms to the Petroleum Resources Rent Tax ahead of the annual budget in May. Australia is the world’s third-largest LNG …
(Reuters) – Asian refiners are increasingly sending medium-sized crude cargoes from the U.S. Gulf Coast to Asia through the Panama Canal as the U.S.-Israeli war with Iran disrupts trade flows, raises shipping costs and forces Asian refiners to hunt for alternative supplies. The use of medium-sized tankers that typically cost more per barrel to transport …
US Crude Heads to Asia via Panama Canal as Iran Crisis Redraws Trade Flows Read More »
(Reuters) – North Dakota crude output is expected to rise in March and the following months as operators in the third-largest oil-producing state restart inactive wells and winter restrictions are eased, the state’s regulator said on Thursday. The North Dakota Department of Mineral Resources said, however, that the pace of activity would depend on how …
North Dakota Operators Likely to Increase Crude Output in March, Regulator Says Read More »
JUNO BEACH, Fla., March 19, 2026 /PRNewswire/ — NextEra Energy, Inc. (NYSE: NEE), the largest energy infrastructure builder in the United States, confirmed today that President Donald J. Trump has approved the development of up to 10 gigawatts of natural gas?powered generation in Texas and Pennsylvania. The approval, made in connection with Japan’s $550 billion …
Workers at BP’s Whiting, Indiana, refinery began picketing on Thursday after the British oil major barred more than 800 union members from entering the facility, following months of stalled contract negotiations. The labor dispute at Whiting, the Midwest’s largest refinery, comes at a time of elevated gasoline and diesel prices as the Middle East …
Locked Out BP Workers Picket Outside Indiana Refinery Amid Labor Contract Dispute Read More »
Japan may start stockpiling U.S. oil domestically, Prime Minister Sanae Takaichi said during her visit to the United States, as it looks to diversify procurement and strengthen energy security. Before Japan tapped its strategic oil stocks this week in a record release to offset fallout from Middle East supply disruptions and rising energy prices, it …
Japan May Stockpile US Oil Domestically, PM Says Read More »
