Oil little changed after Trump tells UN that Iran will make a deal after midt...
Tuesday, September 22,2026,18:38
Oil prices reversed early gains on Tuesday amid optimism that prospects for a diplomatic solution to the U.S.-Iran war are improving. .. read more..
Trump administration is examining whether a diesel export ban is feasible, Tr...
Tuesday, September 22,2026,18:37
"We're examining whether it's feasible in terms of the overall refining capacity and whether a full or partial ban would work," Bessent said. .. read more..
Nuclear Safety Brings America Into Russia's Uzbek Energy Project
Tuesday, September 22,2026,18:00
Uzbekistan still wants Russia to build its first nuclear plant, but when it comes to safety, Tashkent is turning to the United States. Meeting on the sidelines of the recent general conference session of the International Atomic Energy Agency in Vienna, US and Uzbek officials signed a memorandum of understanding covering monitoring, safe operations and disaster response. The memo additionally contains provisions to enable US technical assistance to improve regulatory guidelines and training programs. “The memorandum will expand… .. read more..
ExxonMobil ‘wants to be part’ of Brazil’s Foz do Amazonas exploration
Tuesday, September 22,2026,17:40
US supermajor acquired 10 exploration blocks in Foz do Amazonas in 2025 .. read more..
India’s Russian Oil Imports Slide as Refiners Hunt for Alternatives
Tuesday, September 22,2026,17:30
India’s imports of Russian crude fell 16.5% in August and are expected to decline again in September, just as a new U.S. sanctions law gives Washington authority to hit major Russian oil buyers with tariffs of up to 100%. Russian shipments to India dropped to about 2.1 million barrels per day in August from July’s record levels, according to trade data cited by Reuters. Preliminary Kpler data puts September imports at 1.9 million bpd. Russia remains India’s largest crude supplier. The August decline predates the new U.S. law,… .. read more..
India on track to add about 8 GW wind energy capacity in FY27: Official
Tuesday, September 22,2026,17:16
India is on track to add 7.5-8 GW of wind energy capacity in 2026-27, according to Ministry of New & Renewable Energy Joint Secretary Rajesh Kulhari. India has added over 6 GW of wind capacity in 2025-26 and another 2.42 GW between April and August 2026, taking total installed wind capacity to 58.52 GW as of August 31. .. read more..
Sawan rues Shell’s Guyana exit as he eyes Suriname and Namibia for new growth
Tuesday, September 22,2026,17:01
UK supermajor leader says ‘understatement’ that company left South American country too early .. read more..
US Natgas Prices Edge Up on Tuesday
Tuesday, September 22,2026,17:00
US natural gas prices fluctuated between $2.8 and $2.9 per million British thermal units as traders assessed production, storage and weather trends. Average Lower 48 output reached 113.0 billion cubic feet per day in September, above August’s monthly record of 112.2 bcfd, although daily production was expected to fall to an 11-week low of 109.8 ... .. read more..
Beijing Tightens Rare Earth Flow Ahead Of Washington Summit With Trump
Tuesday, September 22,2026,17:00
Chinese President Xi Jinping and President Donald Trump are scheduled to meet in Washington on Thursday. UBS analysts quoted chief China economist Yu Song as saying the meeting between the leaders of the two global superpowers is largely about strategic stability and modest progress on tariffs, rare earths, and AI safety. Political risk analyst Marcus Bischoff expects no major breakthrough but says the most realistic outcome is continuity in US-China relations as the most likely outcome. He sees cautious grounds for higher expectations following… .. read more..
Saudi Pipeline Restart Fails to End Oil Market Tightness
Tuesday, September 22,2026,16:10
Saudi pipeline flows resume, but soaring freight and diesel prices signal persistent oil market tightness. Oil Freight Costs Explode as Gulf Risk Traps the VLCC Fleet - The ultimate showdown of the US-Iran conflict seems to be unfolding in the freight market as costs of VLCC tankers continue to push higher into uncharted territory, with stranded Gulf vessels triggering a worldwide shortage of long-haul ships. - For shippers eager to risk a voyage into the Persian Gulf, reward was never sweeter – daily earnings on a Gulf-to-China route soared… .. read more..
Sullivan: Wall Street admits it doesn't know where oil is headed. There's one...
Tuesday, September 22,2026,16:05
JPMorgan’s commodity team admitted what many are thinking on the Iran situation and oil: We just don't know. .. read more..
Shell chief fears contractual disruptions should Middle East war linger
Tuesday, September 22,2026,16:04
Wael Sawan says UK supermajor planning for ‘multi-month’ supply challenges because of US-Iran conflict .. read more..
Saudi Arabia Restarts East-West Oil Pipeline
Tuesday, September 22,2026,16:02
Saudi Arabia has restarted its East-West oil pipeline, restoring at least some flow through the 4-million-barrel-per-day route that had become the kingdom’s main escape hatch around the Strait of Hormuz. The pipeline is running at a low rate for now, according to Reuters sources, with Aramco working to return flows to roughly 4 million bpd. A full restart could still take weeks. One cargo was scheduled to load at the Red Sea port of Yanbu Tuesday for China. Oil traders didn’t wait for full capacity. Brent saw a temporary dip of more… .. read more..
Europe’s Offshore Wind Slowdown Is Squeezing Manufacturers
Tuesday, September 22,2026,16:00
Europe’s offshore wind monopile market is moving from concerns over insufficient manufacturing capacity to a period of weak factory utilization coming from offshore wind projects skewing to the right on the timeline. European producers have invested heavily in larger facilities capable of supplying the XXL foundations required for the latest generation of offshore wind turbines, but project delays and slower investment decisions mean that demand is not arriving as quickly as the new capacity. Rystad Energy estimates that European XXL+ monopile… .. read more..
Petrobras eyes end-of-year deal with Yinson for FPSO
Tuesday, September 22,2026,15:33
Commercial talks advance for P-88 FPSO award .. read more..
UK Gas Prices Force Ineos to Idle Three Chemical Plants
Tuesday, September 22,2026,15:30
INEOS is idling three of its plants in the UK as soaring natural gas prices in Europe make operations uncompetitive, the chemicals giant said on Tuesday, warning that with the idling of these plants, Europe is losing its last remaining world-scale Acetyls units. The three plants which are being idled in Hull in the UK are Europe’s last remaining world-scale Acetyls units producing the raw material for a wide range of the Europe’s critical materials including pharmaceuticals, clothing, cosmetics, detergents, construction materials, and… .. read more..
Why Utility Profits Could Be the Next Target
Tuesday, September 22,2026,15:00
Electricity prices are heading up. Utility operating costs, raw materials, and fuel (obviously), are all heading up and no sign of stopping. Now higher capital costs courtesy of the Fed can also be expected. All we can say is that it seems like inflation is back, baby. The Fed recently raised its discount rate and Treasury bond yields hit 5%—their highest level in almost two decades. A utility’s cost of capital consists of two parts: 1) the return earned on a risk-free investment (like US Treasury bonds) plus 2) an extra amount added… .. read more..
Engineers India lands $450-million Dangote deal for mega Kenya refinery
Tuesday, September 22,2026,14:32
The contract underscores India's growing role as an engineering and technical-services exporter to Africa's energy sector, deepening commercial ties between New Delhi and one of the continent's most influential industrial groups. For Dangote, the plant is intended to cut East Africa's reliance on imported refined fuel, bolster regional energy security, and create additional volumes for export to global markets. .. read more..
Libya’s Largest Oilfield Hit by New Armed Group Blockade
Tuesday, September 22,2026,14:30
Crude oil production at Libya’s largest oilfield, Sharara, has slumped over the past day after an armed military group closed a valve on the pipeline that carries crude oil from the field to the Zawiya port for exports, in yet another global supply scare amid ongoing disruptions in the Middle East. An armed group has closed Valve n.7 on the pipeline, Libya’s National Oil Corporation (NOC) said, adding that the closure caused a pressure buildup within the crude oil pipeline, leading to a significant reduction in production at the Sharara… .. read more..
Iran reportedly says it can reopen Strait of Hormuz within 7 days if U.S. eas...
Tuesday, September 22,2026,14:05
The reports raised hopes of renewed U.S.-Iran diplomacy, with U.S. stock futures mixed and oil prices lower. .. read more..
Collaboration is the real antidote to a fractured energy landscape
Tuesday, September 22,2026,14:03
Partnerships can help balance the need to reduce emissions, secure energy supplies and ensure affordable prices, says Ipieca chief executive Brian Sullivan .. read more..
Brazil cannot ‘drown out’ natural gas in energy mix: Galp co-CEO
Tuesday, September 22,2026,14:00
Maria Joao Carioca tells ROG.e that natural gas can help Brazil with intermittency issues .. read more..
Yemen Escalation Raises New Risks for Global Oil Markets
Tuesday, September 22,2026,14:00
A conflict that has simmered in Yemen for years has flared in recent weeks, with consequences that could reach far beyond the Middle East. The Houthi rebels have seized nearly all of Yemen’s Red Sea coastline, giving the Iran-aligned militant group control of the Bab al-Mandab Strait, a key chokepoint for global trade. The Houthis have also intensified attacks on energy facilities in Saudi Arabia, the group’s foe and the world’s biggest oil exporter. Riyadh has been forced to temporarily shut down a crucial oil pipeline after… .. read more..
“We're Living On An Oil Market Credit Card”: Analyst Sounds Alarm
Tuesday, September 22,2026,13:37
The oil market is living on borrowed time as flows through the Strait of Hormuz remain disrupted and the cushions such as stock draws and low Asian demand are running thin, according to Saul Kavonic, Senior Research Analyst at MST Marquee. “We are living on an oil market credit card, we can’t draw stocks forever,” Kavonic told CNBC on Tuesday. Large releases from reserves and China’s very low imports are no longer there to offset some of the supply lost at the Strait of Hormuz. “All these things are allowing the market… .. read more..
Trump to press Zelenskyy for energy truce, says Russia has ‘lost control’ of ...
Tuesday, September 22,2026,13:30
U.S. President Donald Trump said Russia has “lost control” of its diesel oil industry due to the Ukraine war, as he presses Kyiv to agree to an energy truce. .. read more..
India’s Russian oil imports fall 16.5% in August as Middle East supplies rise
Tuesday, September 22,2026,13:27
India’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi Arabia increased supplies. The shift comes as Middle Eastern producers use storage and export terminals outside the Strait of Hormuz, while Indian refiners weigh future Russian purchases against potential US trade measures. .. read more..
Orlen aims to generate interest in tailored AI for oil and gas operations
Tuesday, September 22,2026,13:14
Orlen seeks partners to secure AI integration across businesses, including oil and gas .. read more..
Petrobras eyes 2027 appraisal well after ‘wonderful’ oil at Foz do Amazonas
Tuesday, September 22,2026,12:58
Brazilian company set to move forward with Morpho assessment in northern equatorial margin .. read more..
Oil prices fall after report Saudi Arabia aims to restart critical pipeline t...
Tuesday, September 22,2026,12:43
Oil prices reversed early gains on Tuesday amid optimism that prospects for a diplomatic solution to the U.S.-Iran war are improving. .. read more..
Oil Tumbles 3% as Iran Floats Hormuz Reopening Within a Week
Tuesday, September 22,2026,11:57
Iran has offered to open the Strait of Hormuz within seven days if the United States eases its pressure including taking steps toward ending the U.S. military blockade of Iranian ports and halting military operations in the Strait, a senior Iranian government official told Japan’s news agency Kyodo News on Tuesday. Hopes of a diplomatic breakthrough and Iran’s reported preparedness to reopen the Strait of Hormuz if the U.S. takes steps to ease the pressure sent oil prices tumbling by 3% early on Tuesday. The international benchmark,… .. read more..
Geologist killed in shark attack
Tuesday, September 22,2026,11:50
The operations geologist had worked at Amplitude Energy for many years .. read more..
ING: Supply-Side Risks Stay Elevated Even as Oil Prices Pull Back
Tuesday, September 22,2026,11:30
Despite the recent decline in crude oil prices due to lower-than-feared disruption of Saudi exports, supply-side risks remain elevated, and not only in the Middle East, analysts at ING Bank also said on Tuesday. Oil prices dropped on Friday and Monday, with Brent Crude falling to $100 per barrel from $108 a barrel hit early last week after Saudi Arabia shut down its key pipeline that bypasses the Strait of Hormuz. Higher-than-expected Saudi shipments through Hormuz, however, have eased concerns about supply, while the never-ending hope of a diplomatic… .. read more..
BP leans on US Gulf work to turn major Brazil discovery into top hub
Tuesday, September 22,2026,11:28
Advanced seismic that can ‘light up the subsurface’ to be applied at Bumerangue, Gordon Birrell says .. read more..
Shell and Chevron eye bold return to Suriname with new exploration well
Tuesday, September 22,2026,11:04
After mixed results from first well, supermajors to make fresh attempt in Block 42 .. read more..
ExxonMobil moving 'faster than Guyana' on Trinidad & Tobago block
Tuesday, September 22,2026,10:43
Exploration leader John Ardill predicts late 2027, early 2028 for drilling at offshore TTUD-1 block .. read more..
Saudi Oil Lifeline May Reopen as Aramco Eyes Yanbu Restart
Tuesday, September 22,2026,10:30
Saudi Aramco officials have informally told at least three Asian refiners that they would soon be able to pick up crude oil cargoes at the Yanbu port on the Red Sea, anonymous traders with knowledge of the matter told Bloomberg on Tuesday. Saudi Arabia has halted loadings at the Yanbu port, its key export terminal that bypasses the Strait of Hormuz, since the September 10 drone attacks on the East-West onshore oil pipeline that fed crude from the Saudi oilfields to the Yanbu port. Saudi Arabia shut down its East-West oil pipeline following… .. read more..
Oil prices reverse gains as United Nations General Assembly meeting lifts hop...
Tuesday, September 22,2026,10:25
Oil prices reversed early gains on Tuesday amid optimism that prospects for a diplomatic solution to the U.S.-Iran war are improving. .. read more..
Oil rises as markets eye U.S.-Iran talks, Saudi flows
Tuesday, September 22,2026,10:00
Oil prices rose in Asian trading on Tuesday after four consecutive sessions of losses, as investors focused on the possibility of U.S.-Iran talks on the sidelines of the United Nations General Assembly this week. As of 02:02 ET (06:02 GMT), Brent Oil Futures expiring in November rose 1.5% to $101.82 per barrel, while West Texas ... .. read more..
Oil markets strain to plug the gap left by Middle East supply shortfall
Tuesday, September 22,2026,10:00
Upward oil price pressures resume as Middle East disruptions persist Benchmark oil prices have once again been on an upward trend in recent weeks as renewed hostilities in the Middle East conflict have brought more disruptions to the region’s oil exports. Prices for crude and oil products had eased from their April peaks in the ... .. read more..
WCS crude discounts widen on major refinery works, reduced pipeline capacity
Tuesday, September 22,2026,10:00
Western Canadian Select crude differentials to West Texas Intermediate remained at over two-year lows on Sept. 21, marking their seventh consecutive day of declines, amid major planned refinery work, maxed-out pipeline capacity, and rising production, according to comments from industry officials and Platts assessments from S&P Global Energy. Platts assessed WCS at Hardisty, Alberta, down ... .. read more..
Brussels to keep ban on Arctic oil and gas drilling despite Norwegian pressure
Tuesday, September 22,2026,10:00
A ban on new oil and gas drilling in the Arctic will remain the European Commission’s official position in a revised strategy Brussels is due to unveil, a Commission spokesperson told Euronews, despite fierce pressure from oil-rich Norway to drop the ban. The revised version of the EU’s 2021 Arctic strategy will be announced on ... .. read more..
The LNG glut has been delayed, not cancelled
Tuesday, September 22,2026,10:00
IEEFA was an early voice warning that an unprecedented wave of new LNG supply could leave exporters chasing too few buyers. By 2024, the International Energy Agency (IEA)’s World Energy Outlook was pointing in the same direction. Market analysts were expecting the glut to start hitting this year, causing prices to drop materially. However, the ... .. read more..
European Gas Prices Rise After Sharp Drop
Tuesday, September 22,2026,10:00
European natural gas prices rose toward €74 per megawatt-hour on Tuesday, having slumped nearly 8% to a two-week low in the previous session on renewed diplomatic efforts to end the Middle East war and improving vessel flows. Investors are awaiting developments on potential talks between US President Trump and Iranian President Pezeshkian this week, as ... .. read more..
U.S. threatens to 'shut down' Iranian airlines as Houthis tighten pressure on...
Tuesday, September 22,2026,09:36
The Treasury Secretary said that Washington was pressuring Iran "like never before" .. read more..
UK North Sea taskforce calls for workers’ income protection
Tuesday, September 22,2026,09:35
Creation of new renewable energy roles lags number of lost offshore oil and gas jobs, prompting calls for offshore wage insurance .. read more..
India’s Oil Import Bill Jumps 48% as Crude Prices Soar
Tuesday, September 22,2026,09:15
India paid $24.4 billion more on crude oil purchases between April and August compared to a year earlier as the spikes in international oil prices raised the import bill by 48% despite a 0.4% decline in volumes, government data showed on Tuesday. The oil price surge amid the war and the uneven flows from the Middle East hiked India’s crude oil import bill to $74.8 billion in April-August, up by 48.4% from the same period last year, per data from the Oil Ministry’s Petroleum Planning and Analysis Cell (PPAC) cited by Indian outlet Business… .. read more..
Australian junior eyes Liberia block with billion-barrel potential
Tuesday, September 22,2026,09:12
Bounty Oil & Gas ventures into frontier exploration through planned acquisition of PetroQuest Liberia .. read more..
Woodside eyes pre-emption of BP’s Browse deal
Tuesday, September 22,2026,08:54
UK supermajor had agreed to divest 5% equity to Osaka Gas .. read more..
McDermott completes refinancing to support growth ambitions
Tuesday, September 22,2026,08:49
US contracting giant says exercise provides financial foundation to continue building on established momentum .. read more..
Eco Atlantic completes South Africa farm-down to Navitas
Tuesday, September 22,2026,08:15
AIM-listed player brings in partner to help develop keenly watched frontier basin .. read more..