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 ...

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.

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 ...

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State-owned QatarEnergy has withdrawn its offer to sell 9-10 older steam turbine LNG carriers, possibly because the company is increasing transits on the strait of Hormuz, for which older carriers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

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

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 ...