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Russia Attempts Rare and Risky LNG Ship-to-Ship Transfer
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A sanctioned tanker carrying LNG from a U.S.-sanctioned export project in Russia appears to have undertaken a rare – and risky – ship-to-ship transfer of the LNG cargo off Malaysia, according to satellite images analyzed by Bloomberg News. The Perle tanker, sanctioned by the United States, is tracked to have loaded LNG from the Portovaya LNG small-scale export plant on the Baltic Sea, Gazprom’s only LNG export facility. Portovaya LNG and its Russia-based operator, Gazprom SPG Portovaya Limited Liability Company, were…
China’s Coal and Gas Generation Slid 5.4% in September
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Power generation from coal and gas in China declined by 5.4% on higher hydropower output, official data showed today, as cited by Reuters. Thermal power plant output fell to 517.5 billion kWh last month, from 627.4 billion kWh in August. The August output, however, was boosted by higher demand due to air-conditioning. Over the first nine months of the year, power generation from coal and gas in China declined by 1.2%. In September, hydropower output jumped by 31.9% on the year, contributing to a total power generation increase of 1.5% from a year…
China's Crude Oil Surplus Drops Amid Refining Surge
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Higher processing rates at Chinese refineries reduced the availability of crude for storage, Reuters’ Clyde Russell has reported, with the average crude surplus last month at just 570,000 barrels daily. For context, average surplus rates for crude oil have been estimated at close to 1 million barrels daily since the start of the year and 1.01 million barrels daily in August, Russell reported. Oil imports in September averaged 11.5 million barrels daily, data released earlier this month showed. The number represented a 3.9% increase on the…
Trump Threatens India With “Massive Tariffs” for Russian Oil Buying
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President Donald Trump has reiterated his threat to make India pay “massive” tariffs unless it stops buying Russian oil, repeating that India’s Prime Minister had assured him those purchases would stop. “I spoke with Prime Minister Modi of India, and he said he's not going to be doing the Russian oil thing,” President Trump told media on board Air Force 1, as quoted by Reuters. “But if they want to say that, then they'll just continue to pay massive tariffs, and they don't want to do that,” Trump also said,…
Supply and Demand Fears Continue to Drag Oil Prices Lower
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Oil prices slipped in early Asian trade on Monday, as a combination of burgeoning supply concerns and escalating U.S.–China trade tensions weighed on sentiment. At the time of writing, Brent crude futures had dropped 0.29% to $61.11 while WTI was down 0.35% at $57.34. The continued drop comes on the heels of a third consecutive weekly decline for both benchmarks, with more than a 2% fall in each last week. Concerns about demand softening and a looming supply overhang are the key factors dragging prices lower, with easing geopolitical…
Russia Considers Extending Gasoline Export Ban As Fuel Crisis Worsens
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Russia is considering extending its current ban on exports of gasoline and introducing a ban on diesel exports as fuel shortages have emerged amid intensified Ukrainian drone attacks on Russian refineries and other energy infrastructure. The government discusses extending the gasoline export ban for producers through the end of October, from September 30, sources with knowledge of the talks told Russian news agency Interfax on Tuesday. At the end of August, Russia extended the gasoline ban until September 30, 2025, for producers, and until…
Italy Approves Saipem-Subsea 7 Energy Services Merger
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Italy has approved, with conditions, the merger of Italian energy services group Saipem and Norway’s Subsea7, which plan to create an energy services giant with $25 billion worth of combined revenues, Italian business daily MF-Milano Finanza reported on Tuesday. The Italian government has decided to approve the merger plan, on the condition that Saipem, in which the state holds nearly 13%, gives priority to Italy’s energy infrastructure and keeps all activities considered strategic in Italy, MF reported today, citing a government…
China Defies Sanctions With Sixth Russian Arctic LNG Cargo
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China has received a sixth LNG cargo from Russia’s heavily sanctioned Arctic export project in a sign that the Chinese-Russian trade from Arctic LNG 2 has been flourishing in recent weeks despite U.S. and European sanctions on the project. The Arctic Mulan discharged its LNG cargo at the Chinese terminal of Beihai on Tuesday, Reuters reports, citing vessel-tracing data on LSEG and Kpler. The Arctic Mulan has thus made a second voyage from the Russian plant to China, being the first vessel to offload fuel from Arctic LNG 2 in China…
Coal Demand Rebounds Across Asia Ahead of Winter
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Thermal coal imports into Asia reversed a nine-month losing streak last month, rising to the highest in almost a year, Reuters’ Gavin Maguire reported, noting the rise could extend over the coming winter months. Citing data from commodity analytics provider Kpler, Maguire reported that thermal coal imports in Asia jumped to 85.34 million tons last month, up by 6.4 million tons from July and the first monthly amount exceeding 81 million tons since December 2024. The increase was driven by coal production curbs in China aiming to ease domestic…
Hungary Refuses to Stop Russian Oil Imports
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Hungary has no intention of suspending Russian oil imports despite pressure on the whole of the European Union from U.S. President Donald Trump and EU pressure on Hungary specifically. “We can’t ensure the safe supply [of energy products] for our country without Russian oil or gas sources,” Foreign Minister Peter Szijjarto told The Guardian today, on the sidelines of the latest United Nations plenary session in New York. “For us, energy supplies are a purely physical question,” he said. “It can be nice to dream…
Judge Blocks Trump Order Halting Offshore Wind Construction
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Danish offshore wind developer Ørsted has been cleared to restart work on its nearly complete Revolution Wind project after a federal judge blocked the Trump administration’s order to halt construction. The ruling represents a major victory for Ørsted and a blow to President Donald Trump’s efforts to curtail the offshore wind industry. The U.S. Interior Department’s Bureau of Ocean Energy Management (BOEM) issued a stop-work order on August 22, halting progress on Revolution Wind, a 704 MW wind farm located…
Why Crude Refuses to Crash Despite Glut Predictions
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A looming oversupply of crude oil is going to cause prices to take a dive as the world moves on to alternatives to hydrocarbons and economic growth remains weak. This has been the message from virtually every price forecaster for months. Yet benchmark oil prices have remained remarkably stable. Some call it a mystery. Yet there is nothing mysterious about it. Forecasts do not reflect real-life supply and demand. “There is a bit of a mystery,” Vikas Dwivedi, global energy strategist at Macquarie, told the Financial Times this month.…
Trump Presses Europe to Cut Russian Energy and Target China with Tariffs
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U.S. President Donald Trump last week called on European countries to stop importing Russian oil and gas and to start imposing tariffs on China in order to end the war in Ukraine. He added that Washington is ready to impose major sanctions on Russia if NATO members -- the vast majority of which are European -- did both. On the continued buying of Russian oil and gas, Trump highlighted to the members of the security organisation that it greatly weakens their negotiating position and bargaining power over Russia. On the issue of imposing tariffs…
Europe Moves to Cut Russian LNG a Year Sooner
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As the United States is pressuring Europe to cut off energy revenues for Russia, the European Union took a step to bring forward a ban on imports of Russian LNG a year earlier than planned. The European Commission on Friday proposed its 19th sanctions package against Russia over its war in Ukraine. This package, which will need unanimous approval from all EU member states, accelerates the timeline for phasing out Russian LNG imports into the bloc—from the end of 2027 to January 1, 2027, one year earlier than planned. “Russia’s…
Why U.S. Oil Growth Is Slowing
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For the past two years, the United States has set oil production records. This growth is a continuance of the surge in oil production resulting from the shale boom that began earlier this century. According to data from the Energy Information Administration, U.S. oil production average 13.2 million barrels per day in 2024, up from 12.7 million in 2023 and 12.5 million in 2022. It is now clear that the U.S. is on track this year to set its third consecutive annual record for crude oil production. Year-to-date production through the week ending September…
Serbia's EU Bid Complicated by Russian Energy Ties
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Serbia is a candidate for European Union membership and Hungary has been a full member since 2004, but that hasn’t prevented them from collaborating with Russia to undermine EU cohesion and meddle with efforts to break Europe’s dependency on Russian energy. Ukrainian drones, however, have succeeded in disrupting Belgrade’s and Budapest’s designs. EU Commissioner for Energy Dan Jørgensen unveiled an ambitious plan in June to stop all Russian oil and natural gas exports to the European Union by 2027. A little over one…
Eni Seals Billion-Dollar Fusion Energy Deal with U.S. Partner
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U.S. Commonwealth Fusion Systems (CFS), which is developing fusion energy, has signed a more than $1-billion power purchase agreement with Italy’s energy major Eni as the two companies continue to partner to bring fusion power to commercial use. Nuclear fusion has long been considered the answer to zero-emission by-product-free energy generation. However, no one has cracked the nuclear fusion code yet because of the challenges associated with the environment in which the process could take place. Commonwealth Fusion Systems believes…
India Continues to Buy Russian Crude as Tensions With the U.S. Ease
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India will continue to buy Russian crude in the coming months, with active purchases for cargoes loading in November and December, sources familiar with the plans of Indian refiners told Bloomberg. The tensions of the past weeks between the U.S. and India over the latter’s continued purchases of Russian crude oil appeared to ease this week after U.S. President Donald Trump held a phone call with India’s Prime Minister Narendra Modi to wish him a happy birthday and thank him for efforts to end the war in Ukraine. “Just had a wonderful…
Australia’s Santos Confident It Can Deliver Without Tie-Up
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Australia’s oil and gas giant Santos will review any future takeover offer, but it’s confident it can hike cash flow and returns to shareholders with major upcoming projects, CEO Kevin Gallagher said on Friday, after the collapse of a $19-billion takeover bid from a consortium led by Abu Dhabi’s ADNOC. Earlier this week, Santos said that Abu Dhabi’s energy major ADNOC had pulled an $18.7-billion bid for the Australian group as the two failed to reach an agreement on the valuation of the company and the terms of the…
Trump Policies Are Putting Clean Energy Jobs at Risk
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The Trump administration’s energy policies are jeopardizing the creation of new jobs in the wind, solar, and other alternative energy sectors, a report by a transition outlet has warned. According to E2, jobs in energy transition industries grew much faster than jobs in the conventional energy sectors in the past few years, but now the trend is reversing, with the outlet saying that “recent policy actions by Congress and the Trump administration have already resulted in major job losses in the industry, with more expected to come.”…
Oil Prices Set for Second Week of Gains
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Crude oil prices were on course to close a second week of gains in a row despite declines earlier in the week on persistent worry about oversupply, despite the continued drone attacks of Ukrainian forces on Russian refineries. At the time of writing, Brent crude was trading at $67.40 per barrel, with West Texas Intermediate changing hands for $63.49 per barrel. Both were down from Thursday’s close but slightly higher on Monday. Crude should have received some support from the Federal Reserve’s decision to cut interest rates by 25 basis…
What’s The Real Reason Behind OPEC+’s Surprise Oil Production Boost?
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OPEC+’s decision last week to increase its collective oil production has surprised many, given the soft outlook for oil prices for the remainder of this year and into next. It is true that the 137,000 barrels per day (bpd) rise from October is much lower than the 411,000 bpd and 555,000 bpd respective increases for the June and July period, and for the August and September timeframe. However, the rise in oil output also means that the group – which comprises the original OPEC members ‘plus’ Russia – is beginning to…
Exxon is Shaking Up the EV Battery Market
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Sales of electric vehicles are growing strongly despite a certain unevenness in this growth across the globe. But overall, this growth is not strong enough to give battery researchers a break—work is still underway for batteries that are more reliable, faster to charge, and longer-living. In that, the EV industry may have a somewhat unlikely champion—none other than oil supermajor Exxon. Last week, Exxon announced it had invented a new graphite molecule that could extend the life of an electric vehicle battery by as much as 30%. “We’ve…
How Solar Canals Could Revolutionize the Water-Energy-Food Nexus
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Globally, demand for food, water, and energy is sharply on the rise. The World Economic Forum says that by 2050, food demand could increase by over 50%, energy by up to 19% and water by up to 30%. The increasing scarcity of these resources – and potential solutions to their sustainable management – are deeply interconnected, calling for integrated solutions. “Disruption in one amplifies vulnerabilities and trade-offs in others,” wrote the World Economic Forum in a July report. “Such disruptions also create opportunities…
Russian Gas Producer Reroutes Exports Due to Drone Strike
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Russian gas producer Novatek has rerouted approximately 70,000 metric tons of gas condensate to the Black Sea port of Novorossiisk due to a shutdown at its Ust-Luga gas condensate complex, sources told Reuters. The disruption traces back to a drone attack on August 24 that ignited a fire at the Ust-Luga facility, incapacitating all operations, including export loadings. Though partial operations resumed later in August, two of the facility’s three processing units remain offline, restricting its ability to refine condensate into key derivative…
Octopus Energy Splits Off Kraken to Fast-Track Global Growth
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Greg Jackson’s Octopus Energy has announced the spin-off of its technology arm Kraken to become a standalone business. The group said the move is aimed at “speeding up the platform’s expansion across the globe” and allowing Kraken to “fast-track investments into its technology, expand into new energy markets and regions, and drive innovation”. Kraken has $500m in committed annual revenue through licensing deals with the likes of EDF, E.ON Next, National Grid US, Origin Energy, Plenitude and Tokyo Gas. Its AI-powered…
Ukraine Strikes Deep Into Russia as Energy War Escalates
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Ukraine launched fresh drone attacks on Russian energy assets Thursday, hitting two refineries including Gazprom’s giant Neftekhim Salavat complex in Bashkortostan, more than 1,300 kilometers from Ukrainian-held territory. The strikes set fire to storage facilities and marked one of Kyiv’s deepest penetrations into Russian industrial infrastructure since the war began, as it continues to target the Kremlin’s oil revenues that feed its war coffer. The new assaults came just hours after trade data published by Reuters showed…
U.S. Oil Patch Sheds Jobs as Producers Face Weaker Prices
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The U.S. shale patch is seeing the deepest jobs cuts in three years as producers respond to lower oil prices with slowing drilling activity and greater efficiencies through consolidation and cost cuts. Employment in the industry fell by 1.7% in August, per data from the Bureau of Labor Statistics (BLS) cited by Bloomberg. In contrast, total U.S. nonfarm payroll employment changed little in August and has shown little change since April, BLS said in its most recent publication. In August, employment in mining, quarrying, and oil and gas extraction…
Ørsted Battles for Survival as Trump Targets Wind Energy
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The Danish wind giant Ørsted is fighting for its survival after United States President Donald Trump introduced a barrage of orders limiting the growth of the wind power sector. After declaring an energy emergency in the U.S. upon entering office in January, Trump has spent the past eight months introducing executive orders and legislation to strengthen fossil fuel production and limit the expansion of the renewable energy sector. This has led to greater investor uncertainty and has caused project delays and financial harm to green energy…
Yale Scientists Crack the Code on Turning Plastic Waste Into Fuel
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The world produces 460 million metric tons of plastic each and every year. But only about 9 percent of it gets recycled, leading to a ballooning plastic waste issue impacting every part of our planet, from the bottom of the Mariana Trench to the inside of your own skull. The issue of plastic waste polluting our ecosystems and bodies is growing greater all the time, as is the need to reduce production and increase recycling of plastics. For years, scientists around the globe have been trying to find ways to convert the petroleum products in plastics…
The Policy Playbook for Reducing Pollution-Linked Deaths
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Recent studies have shown the severe health effects of air pollution on human health, with fossil fuel air pollution alone linked to 91,000 U.S. deaths every year. Now, another study shows how cutting U.S. air pollution could save as many as 6,000 lives a year by 2030. Some cities around the globe have already introduced measures to cut air pollution, while air pollution in other areas continues to worsen, with a significant knock-on effect on human health. Air pollution from oil and gas causes as many as 91,000 premature U.S. deaths a year, according…
Is the AI Bubble on the Brink of Bursting?
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Artificial intelligence is changing our energy landscape on a global level. Runaway AI integration is suddenly causing huge growth trends in energy consumption in developed nations where growth had previously flatlined for years. It is causing a resurgence of fossil fuel investments and raising energy bills for consumers, and it’s pushing policymakers to change their priorities away from a focus on clean energy production to producing as many new energy projects as quickly as possible to meet soaring demand projections. But are these projections…
Russia and Belarus Launch Major Military Drills
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Russia and Belarus have kicked off major joint military drills as tensions in the region spiked after Russian drones entered Polish territory, prompting Warsaw and NATO allies to scramble their defenses. The Zapad-2025 drills that began on September 12 will take place in Belarus and Russia and will last until September 16. Russian officials said the war games will simulate repelling an enemy attack and analysts say a central aim of the exercises is to showcase that the Russian military is still powerful after 3 1/2 years of grinding war in Ukraine…
Puerto Rico Climate Case Against Oil Majors Gets Tossed
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A federal judge in Puerto Rico has tossed out a climate lawsuit against a slate of oil and gas majors, ending a challenge brought by nearly 80 municipalities five years after Hurricanes Irma and Maria devastated the island. US District Judge Silvia Carreno-Coll signed the order on Thursday, dismissing the class-action claims against ExxonMobil, Chevron, Shell, BP, ConocoPhillips, Motiva, Occidental, BHP, Rio Tinto, and the American Petroleum Institute (API). The municipalities alleged the companies colluded to conceal the climate risks of fossil…
US Drillers See Slight Uptick in Oil Activity
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The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total rig count in the US rose to 539, according to Baker Hughes, down 51 from this same time last year. The rig count is still near four-year lows. The number of oil rigs rose by 2 for the second week in a row, reaching 416. Year over year, this represents a 72-rig decline. The number of gas rigs stayed the same at 118 for a gain of 21 active gas rigs from this time last year. The miscellaneous…
U.S. Energy Chief: EU Can Quit Russian Gas in Less Than 12 Months
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The EU could accelerate the phase out of natural gas imports from Russia and end purchases within six to 12 months by replacing it with American LNG, U.S. Energy Secretary Chris Wright told Reuters on Friday, after communicating the same to EU officials in Brussels on Thursday. “I think this could easily be done within 12 months, maybe within six months,” Secretary Wright told Reuters, adding that “I definitely voiced the opinion we could do it faster.” “On the U.S. side, we could do it faster, and I think…
Toyota Adapts to Changing UK Car Sales Landscape
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Toyota’s UK profit has almost been wiped out as the carmaker battled a decline in market share and compliance with the ZEV [Zero Emission Vehicle] mandate. The Surrey-headquartered division has posted a pre-tax profit of £462,000 for the 12 months to 31 March, 2025, down from the £11.5m it achieved in the prior year. New accounts filled with Companies House also show Toyota’s revenue fell from £3.5bn to £3.3bn over the same period. Toyota’s revenue from the sale of new vehicles declined in the year from…
China's Oil Buying Spree Won't Stop Coming Glut
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China is set to continue its crude stockpiling throughout next year, but even the buying spree from the world’s top crude importer would not be sufficient to support oil prices into the $60s per barrel as a major glut looms over the market in the coming months. Lower oil prices this year and China’s push to bolster its energy security will drive it to add 500,000 barrels per day (bpd) of crude inventories over the next five quarters, Daan Struyven, head of oil market research at Goldman Sachs, told Bloomberg in an interview this…
Brent Hits $67 After Primorsk Strike
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Oil prices jumped as Washington is now pushing for secondary sanctions on India and China. 12th September, 2025The Russia-Ukraine war is back on the agenda as ICE Brent futures jumped up to $67 per barrel after Ukrainian drones attacked Russia’s Primorsk port, a key Baltic Sea loading terminal for its crude and product flows. With the Trump administration strengthening its pressure on the EU and others to implement secondary sanctions on India and China, geopolitics became the main bullish factor for prices. IEA Sees Supply Surge on OPEC+…
Japan Cuts Price Cap on Russian Oil to $47.60
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Japan joins the EU in cutting the price cap on purchases of Russian oil to $47.60 per barrel, in a move effective Friday and aimed at punishing Russia over the war in Ukraine, yet unlikely to affect any Japanese purchases. Japan lowered the price cap from the $60 per barrel imposed by the G7 years ago, to $47.60 a barrel. Japan is also imposing fresh export sanctions on Russian firms and additional asset freezes, as part of its efforts to help the international push to end the war in Ukraine, chief cabinet secretary Yoshimasa Hayashi said…
Oil Prices Rebound After Early Morning Selloff
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Oil traders got whiplash today. Prices sank in early trading on oversupply jitters, only to rip higher by late morning as Russia once again stole the show. WTI was last at $63.79, up 2.28%, with Brent climbing 2.40% to $67.96. Natural gas was quieter, nudging up 0.27%. The surge came hours after a very different mood set the tone; concerns over swelling inventories and sluggish demand had pushed crude lower this morning, feeding the familiar narrative of too much oil chasing too few buyers. But markets quickly turned. Reports of fresh risks to…
Israel’s Qatar Strike Upends Gulf Assumptions on Sovereignty
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Politics, Geopolitics & Conflict An Israeli strike on Hamas targets in Doha, Qatar, this week, resounded rather loudly. Several Hamas members were killed in the strike during a meeting on a ceasefire proposal. Doha called it a violation of sovereignty; Netanyahu warned of further action unless Hamas leaders are expelled. Washington has used a few tough words, but is avoiding directly censuring Israel. Qatar’s hosting of Hamas has always been tolerated by its neighbors as part of Doha’s broader opportunism. The strike shatters the…
Benghazi Buries Turkey-Libya Maritime Pact, Greece Moves In
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The expectation, going back to late 2019, was that the Turkey-Libya maritime MoU would eventually be locked in as Libyan law. Tripoli’s Government of National Accord signed it under Turkish protection, and the assumption was that the House of Representatives would, sooner or later, ratify it. That would have given Ankara a clear legal corridor across the eastern Mediterranean, cutting straight through Greek and Cypriot claims, and would have cemented Turkey’s hand in any future offshore licensing. On paper, the deal would have redrawn…
IEA Slashes Clean Hydrogen Production Forecast
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Rising costs and uncertain regulatory and demand picture have made low-emission hydrogen projects more challenging and clean hydrogen production by 2030 could be a quarter lower than expected at this time last year, the International Energy Agency (IEA) said on Friday. The low-emission hydrogen uptake is not yet meeting expectations set by industry and governments in recent years, the agency said in its annual Global Hydrogen Review published today. High costs, demand and regulatory uncertainty, and slow infrastructure development continue…
Bearish Pressure Builds in Oil Markets as Supply Rises and Demand Weakens
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As of Thursday’s close, light crude oil futures are trading slightly higher for the week at $62.27, up $0.40 or +0.65%. Despite the modest gain, market sentiment remains fragile as traders continue to prioritize fundamentals over geopolitics. Rising OPEC+ output, swelling U.S. inventories, and sluggish demand have kept a lid on upside momentum, even as tensions in the Middle East and Eastern Europe briefly supported prices. OPEC+ Production Hike Raises Oversupply Concerns Traders spent the week digesting the impact of OPEC+’s recent…
Global EV Sales Growth Slows as Chinese Surge Cools
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Global electric vehicle sales grew by 15% in August from a year earlier, slower than the 27% growth rate in January-July, as EV sales in the biggest market, China, increased by only 6%, data from EV research firm Rho Motion showed on Friday. China continues to be the world’s biggest EV market, but sales growth cooled to 6% in August compared to a year earlier, when the Chinese sales surged with the introduction of the trade-in scheme. Total global EV sales in August reached 1.7 million units, including 1.16 million Battery…
Beijing's Ambitious Plan to Double Energy Storage by 2027
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China plans to have its battery storage capacity more than double to 180 gigawatts (GW) by 2027 in a new plan aimed at attracting $35.1 billion (250 billion Chinese yuan), the authorities said on Friday. The massive deployment of the so-called new energy capacity—to differentiate from pumped-hydro storage—is part of a new work plan issued by the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) for the period between 2025 and 2027. China, which is the world’s top battery…
Australia Approves North West Shelf LNG Extension to 2070
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Australia has given the final approval for the North West Shelf Project Extension that will see the operating life of the country’s biggest and oldest LNG plant extended to 2070. Woodside’s North West Shelf gas processing plant in Karratha, Western Australia, the country’s first and largest LNG plant, can now operate until 2070, after Australia’s federal Environment Minister, Murray Watt, gave the final approval on Friday, with 48 strict conditions that will avoid and mitigate significant impacts to the Murujuga rock…
BlackRock, Global Banks Back Aramco’s Giant Gas Play
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Investors in Saudi Aramco’s Jafurah natural gas project have approached a group of lenders to secure $10.3 billion in funding for the project. Jafurah is at the center of Saudi Arabia’s plans to develop its natural gas resources, diversifying from crude oil. With a price tag of a total $100 billion, the Jafurah development is described as the largest unconventional gas development outside the United States. Its reserves are estimated at some 229 trillion cu ft of natural gas plus 75 billion barrels of condensate. Production has been…
Clean Energy Investment Faces Half-Trillion Dollar Hit
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The Trump Administration’s openly hostile policy toward wind, solar, and electric vehicles is setting the stage for much slower emissions reductions than previously anticipated, a new report says. The U-turn in U.S. energy policies under President Donald Trump could more than halve the pace of America’s decarbonization, research provider Rhodium Group said in its annual Taking Stock 2025 analysis this week. “Openly hostile to wind, solar, and electric vehicles” Solar and wind installations and EV uptake could nosedive with…