National diesel average climbs up for 12th consecutive week, reports EIA
Another week brings another increase in the national average price per gallon of diesel gasoline, based on data from the…
Prologis and GIC roll out a $1.6 bilion U.S. logistics venture
Prologis and GIC are teaming up on a $1.6 billion joint venture to build logistics facilities across the U.S., with…
Shell-Equinor JV Adura secures $3b lending facility
Shell and Equinor’s UK North Sea oil and gas joint venture on Tuesday secured a $3 billion reserve-based lending facility,…
Equinor starts drilling at Brazil’s Raia, eyes new Santos Basin exploration in 2027
Norway’s Equinor has begun drilling producer and injector wells for its offshore Raia natural gas project in Brazil, while also…
Venezuela owed Eni around $3.3b at end of 2025, annual report shows
Eni was owed $3.3 billion by Venezuela’s oil company PDVSA at the end of last year, including around $1 billion…
Crude exports from Saudi’s Yanbu port surged to near 4.0m bpd last week
Crude oil exports from Saudi Arabia’s western Yanbu port rose to nearly four million barrels per day last week, a…
India loads LPG onto stranded empty ships amid gas crisis
India is loading liquefied petroleum gas onto its empty vessels stranded in the Persian Gulf as the country grapples with…
Activist-captured Danish funds back challenge against Nordea over Arctic oil at AGM
At least two Danish institutional investors support a shareholder resolution calling for the Nordic region’s biggest bank Nordea to stop…
Modi, Trump discuss importance of keeping Strait of Hormuz open
Indian Prime Minister Narendra Modi and US President Donald Trump spoke by phone on Tuesday and discussed the situation in…
French activist court targets ex-EU border chief for not facilitating open borders
The Paris Court of Appeal has opened an investigation into former European Union border agency chief Fabrice Leggeri over allegations…