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U.S. Sends Rare SPR Oil Cargo to Asia as Hormuz Crisis Reshapes Trade

A tanker loaded with crude oil from the U.S. strategic petroleum reserve has set off from the Gulf of Mexico to the Philippines in what is the first U.S. oil shipment to Asia since late 2022, Reuters reported, citing shipping data. The rare move yet again highlights the rearrangement of energy flows resulting from the

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Europe’s Arctic Oil Dilemma Deepens as Supply Fears Grow

A dozen financial institutions from Scandinavia have urged the European Commission to remain firm in its opposition to Arctic oil drilling even as the bloc faces physical oil shortages in weeks, according to energy experts. “The Arctic is one of the planet’s most vulnerable ecosystems and home to unique wildlife …. Further oil and gas

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Brownfields Longwall Due Diligence for Underground Coal Expansion

Introduction MEC Case Study: Reducing Geotechnical Uncertainty Before Final Investment Decision Project Stream: Feasibility / Bankable / DefinitiveProject Stage: Due DiligenceType of Mine: UndergroundRegion: Queensland, AustraliaCommodity: Hard Coking Coal… The post Brownfields Longwall Due Diligence for Underground Coal Expansion appeared first on MEC.

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IEA: Global Electric Car Sales Topped 20 Million In 2025

Over the past five or so years, the global electric vehicle (EV) market has been rapidly transforming from a niche segment into a mainstream industry thanks to plunging battery costs, aggressive emissions standards and an influx of affordable models from major manufacturing hubs, most notably, China. Back in 2022, the EV sector achieved an important

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NATO Warns Russia’s Hybrid War Is Targeting Europe’s Energy Grid

While many may be focusing on the transfer of nuclear weapons from Russia to Belarus on NATO’s northeastern Baltic States border, the bloc’s security apparatus is at least as concerned about imminent attacks on the region’s energy infrastructure, a senior source who works very closely with the European Union’s (E.U.’s) energy security complex exclusively told OilPrice.com last week. “Russia’s effectively been

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Germany Puts €5 Billion Behind Carbon Capture Push

For years, Germany approached carbon capture the way many Europeans approach nuclear power at dinner parties: cautiously, awkwardly, and preferably not at all. The country that built Europe’s industrial backbone somehow became one of the continent’s most politically hesitant nations on CCS. Carbon capture remained trapped in endless debates over storage, liability, public acceptance, and

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