Indonesia has secured a commitment from the United Arab Emirates (UAE) to supply up to 30 million barrels of oil (mmbbl) amid efforts to diversify energy imports and safeguard fuel supplies against prolonged disruptio...
Europe’s liquefied natural gas (LNG) imports fell 13% year-on-year (YoY) to 21.52 million metric tons (mmt) during the third quarter (Q3) of 2026, down from 24.73 mmt in Q3 2025, according to a report published ...
The Egyptian oil and mineral resources sector attracted $6.7 billion in Foreign Direct Investment (FDI) during fiscal year (FY) 2025/26, up from $6.2 billion a year earlier, according to the Central Bank of Egypt’s (C...
Europe is expected to face a jet fuel supply shortfall of around 510,000 barrels per day (bbl/d) in the fourth quarter (Q4) of 2026, despite increasing imports from distant suppliers including South Korea, according t...
Venture Global, a US liquefied natural gas (LNG) producer, has signed a new 20-year Sales and Purchase Agreement (SPA) with China Gas Holdings Limited, a major Chinese natural gas operator, for the supply of 0.5 milli...
Singapore-based Aster Chemicals and Energy has shifted part of its crude procurement toward the Americas and Africa after disruptions to Middle Eastern oil supplies caused by the ongoing Iran war, Reuters reported. Th...
The United States (US) is set to import around 600,000 barrels per day (bbl/d) of crude oil from the Middle East in August, marking the highest level since the Iran war began, as a temporary reopening of the Strait of...
India’s state-run Hindustan Petroleum Corp Ltd (HPCL) is planning to import Venezuelan crude oil for the first time to expand its activities in the processing of heavier grades in its new fiscal year (FY) beginning in...
Bharat Petroleum Corporation Ltd (BPCL), the second largest Indian Oil Marketing Company, secured one-year term deals for Iraqi and Omani crude grades as Indian refiners pivot back toward Middle Eastern suppliers to m...
U.S. President Donald Trump reaffirmed that Indian Prime Minister Narendra Modi told him India will stop buying Russian oil, while warning that New Delhi would continue paying “massive” tariffs if it did n...