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USA to Use Cold War Era Law to Expand Texas Refinery
Vice President JD Vance announced Trump administration plans to work with Delek U.S. Holdings Inc. to expand a refinery in Texas.
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Markets
IEA Says UAE Oil Output Surged to Records in September
Oil output from the United Arab Emirates climbed to record levels last month, the International Energy Agency said.
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Upstream
Trump Touts 'Massive' Oil, Gas Exploration in Greenland
U.S. President Donald Trump said 'Massive Oil, Gas, and Mineral Exploration is getting ready to begin' in Greenland.
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Markets
Oil prices drop by 2% as US considers easing Russian tanker sanctions
Oil prices declined by about 2% on Thursday, 15 October, following reports that the US is considering measures to relax restrictions on tankers associated with Russia's so-called “shadow fleet”.
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LNG
JERA acquires JOGMEC’s shares in Wheatstone LNG project vehicle
Japanese energy company JERA has completed the purchase of all shares held by the Japan Organization for Metals and Energy Security (JOGMEC) in Pan Pacific Energy (PEJ), the entity it uses to invest in Australia's…
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Upstream
North Sea Production Emissions Fall for 6th Straight Year
The North Sea Transition Authority announced that emissions in the North Sea have fallen for a sixth consecutive year.
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Upstream
Container Ship Sinks in Strait of Hormuz
All 21 crew members were evacuated without injuries before the Singapore-flagged vessel sank.
Commodity Prices
Updated: Oct 15, 2026 · 12:15 UTCBrent Crude
$84.72
++1.23 (1.47%)
WTI Crude
$81.15
++0.89 (1.11%)
Henry Hub
$2.64
-0.07 (2.58%)
OPEC Basket
$85.30
++0.96 (1.14%)
EU Nat. Gas
€35.80
++0.45 (1.27%)
More Stories
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Monumental Energy joins consortium to drill Maata prospect in Taranaki, NZ
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India’s Annual Wind Power Installations to Double by 2030
Upstream
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Upstream
Trump Touts 'Massive' Oil, Gas Exploration in Greenland
U.S. President Donald Trump said 'Massive Oil, Gas, and Mineral Exploration is getting ready to begin' in Greenland.
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Upstream
North Sea Production Emissions Fall for 6th Straight Year
The North Sea Transition Authority announced that emissions in the North Sea have fallen for a sixth consecutive year.
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Upstream
Container Ship Sinks in Strait of Hormuz
All 21 crew members were evacuated without injuries before the Singapore-flagged vessel sank.
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Upstream
Monumental Energy joins consortium to drill Maata prospect in Taranaki, NZ
Canada-listed explorer Monumental Energy has announced plans to take an ownership interest in the Maata oil field through a consortium of four companies operating in New Zealand's onshore Taranaki Basin.
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Upstream
Hallador Bags $700MM Contract to Supply MISO Utility
Hallador signed a $700-million agreement to supply a utility operating in MISO Zone 6 from the Merom Generating Station in Sullivan County, Indiana.
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Upstream
Britain's $47 Billion North Sea Oil Decision Hangs in the Balance
Approval for more oil and gas drilling at the North Sea sites Jackdaw and Rosebank have been delayed by “government process” and lengthy bureaucratic wrangling, Prime Minister Andy Burnham has said. Burnham told MPs…
Downstream
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Downstream
USA to Use Cold War Era Law to Expand Texas Refinery
Vice President JD Vance announced Trump administration plans to work with Delek U.S. Holdings Inc. to expand a refinery in Texas.
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Downstream
Ukraine to Resume Russian Oil Refinery Strikes After Failed Energy Ceasefire
Ukraine will resume drone strikes on Russian refineries after Russia kept hitting energy infrastructure and killing civilians in Ukraine despite U.S. President Trump’s claim of an “energy ceasefire”, Ukrainian President…
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Downstream
Lithium Prices Plunge as EU-China Trade Deal Sparks Demand Fears
Lithium prices have slumped, following a deal between the European Union and China that will cut Chinese hybrid car exports to the bloc. Since the start of the week, China’s most actively traded lithium futures contract…
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Downstream
Oil Prices Fall as Trump Considers Easing Sanctions on Shadow Fleet Tankers
Crude oil prices retreated from yesterday’s highs earlier today, on the news that President Trump was considering lifting sanctions on tankers used to transport oil and fuels from Venezuela, Russia, and Iran in a bid to…
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Downstream
Aramco's New China Refinery Venture Gets 1st Crude Cargo
Saudi Aramco and its local partners have received the first crude cargo for their new refining complex in China.
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Downstream
Oil Gains as Global Supply Risks Mount
Oil gained amid renewed supply disruptions, rising shipping costs and continued pressure on global fuel markets.
Lng
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LNG
JERA acquires JOGMEC’s shares in Wheatstone LNG project vehicle
Japanese energy company JERA has completed the purchase of all shares held by the Japan Organization for Metals and Energy Security (JOGMEC) in Pan Pacific Energy (PEJ), the entity it uses to invest in Australia's…
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LNG
TotalEnergies Eyes Massive Profit Windfall as Refining Margins Soar
TotalEnergies expects to report strong third-quarter results later this month as the Middle East conflict has driven up refining margins and LNG prices in a bull market, the French oil and gas supermajor said on…
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LNG
Trump Announces $80 Billion Taiwan LNG Deal
President Donald Trump has announced a massive new energy agreement with Taiwan, claiming the island will purchase between $70 billion and $80 billion worth of liquefied natural gas from Alaska over the next two…
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LNG
The 2026 gas shock delays the LNG glut, but export routes will decide how long it lasts
The Strait of Hormuz's closure has reduced LNG supply; GlobalData analysis identifies how export routes have changed.
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LNG
Power LNG Secures Agreement with Port of Galveston
Power LNG secured a lease agreement with the Galveston Wharves Board of Trustees for a small-scale, modular liquefied natural gas production, storage and fuel bunkering facility on Pelican Island.
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LNG
Oman Overtakes U.S. as India's Top LNG Supplier in September
Oman was India’s single biggest LNG supplier in September, toppling the United States that held the top spot for months after the Iran war began, as European buyers are snapping up American cargoes and intensifying the…