The US is looking at "some opportunities" to help re-open refineries that have been shut within the past decade, secretary of energy Chris Wright said today.

The US' proposal to purchase and employ so-called "shadow fleet" vessels to transport mainstream crude to counter high freight costs may struggle to overcome obstacles, including sanctions from ...

Mexico's state-owned Pemex has resumed a restructuring drive that is eliminating dozens of jobs and lowering the grades and pay of other employees at its executive tower in Mexico City and across ...

The UK will fly military missions over Saudi Arabia to protect infrastructure from attacks, the government said today.

IEA executive director Fatih Birol said today that he does not see "any credible pathway" for a normalisation of energy markets next year and that the crisis in the Middle East could escalate further.

State-owned QatarEnergy has withdrawn its offer to sell 9-10 older steam turbine LNG carriers, possibly because the company is increasing transits on the strait of Hormuz, for which older carriers are ...

Offtake agreements with developers of CO2 removal (CDR) projects is the key mechanism that the European Commission is considering to employ for the centralised purchases of at least 250mn CDR credits ...

Some European flat steel producers have proposed a €100/t increase in first half 2027 automotive supply contract negotiations, market participants told Argus over the past week.

Mexico's president Claudia Sheinbaum said today that US president Donald Trump had proposed a greater US role in Mexico's oil sector and higher Mexican purchases of US natural gas, but denied that ...

Italy has reached a preliminary agreement with the European Commission that allows it to set a temporary cap on the price of natural gas used for power generation, as part of moves to lower energy ...

The threat to commercial vessels in the Mideast Gulf has increased following attacks on two tankers inside the Gulf on 16 October, according to the UK Maritime Trade Operations (UKMTO) Centre.

A composite price that captures the trade of Midland-quality WTI in both the waterborne and coastal refinery markets ...