Aramco CEO Withdraws From Houston Event
Saudi Aramco Chief Executive Officer Amin Nasser has withdrawn from a major energy conference in Houston as the situation in the Middle East remains volatile.
Nieuws
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Oil Futures Crash on Trump Negotiations Hint
Oil plunged as Trump delayed strikes on Iran, raising hopes of de-escalation despite conflicting signals from Tehran.
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EIA Sees Oil Glut Tightening in Wake of Iran War
According to its March STEO, the EIA sees world petroleum and other liquid fuels production outweighing consumption by 1.87 million barrels per day in 2026.
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AEP, SoftBank Ink Deal with US DOE for 10 GW Data Center Power
The mostly gas generation capacity will serve a 10-GW data center planned to rise at the site of a former gaseous diffusion plant in Pike County, Ohio.
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Trump Reports 'Productive Conversations' with Iran
'I have instructed the Department of War to postpone any and all military strikes against Iranian power plants and energy infrastructure for a five day period', Trump said.
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QatarEnergy Missile Strikes May Cause $100B Revenue Loss
QatarEnergy said it expects the damage to its Ras Laffan Industrial City caused by missile strikes to cost about $20 billion a year in lost revenue and to take up to five years to repair.
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Iberdrola Reaches Over 11 GW of Installed Capacity in US
'Avangrid's growing portfolio is helping to meet a surge in energy demand across the country brought on by the proliferation of data centers powering the country's AI revolution'.
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Maha to Acquire Stake in Venezuela's PetroUrdaneta
Maha made the decision following the U.S. Treasury's issuance of a 'general license' for certain transactions involving Petroleos de Venezuela.
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The Oil Prices You See Do Not Tell Market's Real Story
There's an ever-growing gap between the price of oil futures and supplies that determine costs for consumers in the real world.
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Fire Hits Oil Production at Major Libyan Field
The National Oil Corp said a leak-induced blaze that hit the Sharara crude pipeline had cut about half of production at the field, one of Libya's biggest with a declared capacity of 330,000 bpd.