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EIA Ups Brent Price Forecast, Still Sees Drop in 2026

In its latest short term energy outlook (STEO), which was released on December 9, the U.S. Energy Information Administration (EIA) increased its Brent price...

What defined gas trading in 2025: five moments that mattered

Gas trading in 2025 was shaped by abrupt disruptions, shifting trade flows, and key milestones in North American and European supply. While many of...

What growing demand and large-load dynamics mean for US gas and power

The structural growth in electricity demand driven by the rapid pace of data centre and other large-load buildout is getting a lot of attention...

Biomethane price puzzle: why demand-side policy is the missing piece

The European biomethane sector stands at a crossroads. European production capacity has surged, increasing by 14% in 2023 and 25% in 2024, but sustainable...

Aiming for the big prize in US unconventional oil and gas

The US shale gas and tight oil revolution is rightly hailed as a triumph for the industry. What is often less widely appreciated is...

Valaris drillship to work for Shell offshore Brazil

Bermuda-headquartered drilling contactor Valaris has won a multi-year contract worth around $300 million for its drillship Valaris DS-8 from UK supermajor Shell. The contract, expected...

EIA: U.S. crude stocks fall, fuel inventories rise on robust refining

U.S. crude inventories fell, while gasoline and distillates stockpiles rose last week amid strong refining activity, the Energy Information Administration said on Wednesday. Crude inventories...

USA Crude Oil Stocks Drop Nearly 2MM Barrels WoW

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 1.8 million barrels from the week ending November 28...

Explosion hits critical Nigeria gas pipeline

NNPC says Escravos-Lagos line suffered “loss of containment” on Thursday evening An explosion has occurred on a critical gas pipeline linking Escravos and Lagos in...

Refiners push for crude as Dangote slashes petrol price by N129

As the Dangote Petroleum Refinery dropped its petrol gantry price on Friday, the Crude Oil Refineries Association of Nigeria has appealed to President Bola...

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