France has launched a sweeping nationwide inspection of petrol stations following a sharp spike in fuel prices. Authorities are taking decisive action to ensure fair pricing and clamp down on any unjustified hikes, responding to growing public concern
Browsing: energy sector
Argentina has revealed an exciting timeline for the Buenos Aires transmission tender, signaling a bold leap forward in revolutionizing the region’s power infrastructure. This initiative underscores a strategic push to modernize energy distribution, with bids scheduled to open later this year
The US has indefinitely lifted sanctions on Rosneft Germany, Bloomberg News reports, citing sources. This surprising decision marks a major shift in Washington’s strategy for enforcing Russia-related sanctions
Brazil’s Petrobras is gearing up to reward its shareholders with a $1.5 billion interest on equity payment, showcasing strong earnings and a steadfast commitment to creating value amid rising global oil prices, Reuters reports
NHOA Energy has secured an impressive 600MWh of Battery Energy Storage System (BESS) projects in Italy, marking a significant breakthrough for the country’s renewable energy future. This landmark achievement solidifies NHOA’s role as a leading force propelling Europe’s clean energy revolution forward
Exxon Mobil Corporation is accelerating its commitment to the United Kingdom, significantly increasing investments in cutting-edge energy infrastructure and leading innovative renewable projects to drive the nation’s future energy revolution
Japan Petroleum Exploration Co Ltd has triumphantly finalized the acquisition of tight oil and gas assets by securing full ownership of Verdad Resources. This strategic move dramatically broadens its energy portfolio and turbocharges its exploration potential, setting the stage for an exciting and dynamic future in the energy industry
Spain’s Greening celebrated a remarkable 92% final acceptance rate in its bid to acquire EIDF, marking a significant leap forward in its quest to grow its renewable energy portfolio, Renewables Now reports
Former President Donald Trump praised Japan’s bold $36 billion investment in U.S. oil, gas, and critical mineral projects, hailing it as a game-changing move that boosts energy security and sparks economic growth, CNBC reports
Italy firmly holds its position as the leading buyer of Azerbaijani oil, Caspian Post reports. This strong demand highlights Italy’s crucial role in shaping the energy dynamics of the Caspian region
BP has announced an extraordinary discovery of 8 billion barrels of oil off the coast of Brazil, marking a game-changing boost to the country’s reserves. This groundbreaking find cements Brazil’s growing power on the global energy stage
The EU has launched bold new sanctions targeting Russia’s energy and trade sectors, intensifying pressure amid the ongoing conflicts. These powerful measures aim to sever Moscow’s economic lifelines and cripple its capacity to fuel the war effort
LG Energy Solution is gearing up to buy Stellantis’ share in their Canadian joint venture for $100, marking a bold strategic shift as electric vehicle demand cools, Reuters reports
Brazil’s appeal in the Petrobras shareholder dispute has just cleared a critical procedural hurdle in the Paris courts, accelerating this high-stakes global arbitration battle over control and regulatory challenges
Shell has sold a minor stake in its Brazil deepwater oil and gas project to a Middle Eastern firm, underscoring the vibrant and growing foreign interest in the region’s offshore energy sector, sources reveal
Qatar has locked in a groundbreaking 27-year deal to supply liquefied natural gas (LNG) to Japan’s Jera, Bloomberg reports. This monumental agreement promises to strengthen energy ties as Asia’s appetite for LNG soars like never before
Brazil’s oil and gas production skyrocketed to an unprecedented peak in 2025, driven by innovative offshore projects and a surge of fresh investments. This extraordinary expansion cements Brazil’s status as a dominant force in the global energy landscape
OPEC+ is reaching its breaking point as global oil markets react sharply to powerful forces beyond its control: former U.S. President Donald Trump’s policies and the unpredictable swings in Chinese import demand, Reuters reports
Russia’s Lukoil is in advanced talks to sell select assets to a U.S. investment firm, marking a daring move amid escalating geopolitical tensions. This deal could dramatically transform the energy sector landscape as sanctions keep reshaping the market
Trafigura has proudly completed its inaugural crude oil shipment via Argentina’s cutting-edge Derivación pipeline, a landmark achievement that boosts the nation’s energy infrastructure and dramatically expands its export potential, Pipeline and Gas Journal reports




















