Михаил

Significantly and unusually, this particular attack occurred hundreds of miles from the Strait of Hormuz itself. Also, in this instance, the vessel targeted was not a large tanker, but instead was a tugboat. “On Sunday evening, an Emirati-owned offshore tug was hit by a projectile in the Strait of Hormuz, somewhere northwest of the Musandam

A year after forecasting that oil demand would keep rising until 2040, TotalEnergies has moved its peak forward to between 2035 and 2040, and says the Iran war could accelerate the energy transition. The company’s annual energy outlook, released on Monday, projects demand for petroleum products plateauing through the 2030s before a slow decline. Chief

Concern is rising in Central Asia about the region’s ability to generate sufficient heat and electricity during the upcoming winter season. Worries are perhaps greatest at present in Kyrgyzstan, where demand has surged in recent weeks due to the early onset of cold weather. An October 29 report published by the 24.kg news agency highlighted

Oil prices plunged nearly 7% on Monday after Washington and Tehran both signaled they would give diplomacy a chance, wiping out part of the war premium that lifted crude through October. Brent traded at $105.60 per barrel, down $7.85, and WTI fell $7.20 to $96.92.  Iranian President Masoud Pezeshkian said on Monday that the Supreme

A group of U.S. companies is proposing to build and operate a $4.4-billion LNG import and storage terminal in Pakistan, local media reported on Monday, as Pakistan faces high gas import costs with disrupted Qatari LNG flows.  The companies, supported by the Trump Administration, include Global Vision Energy Partners (GVEP) and Khanjee Holdings, plus international

The attacks last week in Saudi Arabia’s largest oil refinery, Ras Tanura (again), by the Iran-backed Houthis (again), which pushed oil prices up (again), once more underlined the powerlessness of the region to properly defend itself from Iran and its network of proxies and the redundancy of the billions of dollars’ worth of defence equipment

A major oil hub in Russia’s Volga region appears to have caught fire after an attack, Bloomberg reported on Monday, citing satellite images from NASA’s Fire Information for Resource Management System. An image taken on Monday showed a relatively fresh heat anomaly, which could mean fires at the Samara crude oil pumping station, according to

With the election settled, the presidency continuing for four more years and a newly elected Congress taking office in February, Brazil’s data center policy now hinges on execution, requiring tight coordination between parliament and the executive branch. Most clean tech policies can advance through decrees and agency rules, but data centers are an exception: Unlocking

Oil prices extended losses from Asian trade into early Monday morning U.S. time as a draft proposal on a potential end to the U.S.-Iran war is now being circulated after Iranian negotiators left Qatar, an official briefed on the talks told Reuters on Monday.  Oil prices slumped by 3% in Asian trade on Monday amid

The world needs strategic storage and refining capacity closer to consumers after 1 billion barrels of oil have been drained from global inventories following the disruption of Strait of Hormuz traffic, ADNOC’s chief executive Sultan Al Jaber said on Monday. The global energy system needs to be more resilient as the Middle East crisis has