Oil and gas

A christening ceremony for two floating production storage and offloading project vessels was held before they sail for Brazil’s deepwater Buzios oil field.

Companies & Markets

Seatrium, Petrobras eye potential natural gas collaboration to meet growing Asian demand

They are exploring new ventures just as two major oil vessels set sail for Brazil’s Buzios oil field

2026-08-27T09:13:08.000Z

Gurugram, India. Many countries across South Asia continue to contend with unreliable or underdeveloped power systems.

Opinion & Features

Energy security cannot be the forgotten pillar of the energy transition

Before developing countries can fully switch to renewables, they must have reliable access to affordable power

2026-08-27T07:00:00.000Z

Stocks of distillate fuel oil – a category of fuels that most prominently includes diesel – stood at 103.4 million barrels in the week ended Aug 21.

International

US diesel supplies hit record low as demand season looms

This may further lift global fuel prices as heating and agricultural seasons begin

2026-08-26T22:50:34.000Z

Iran said it had restarted talks with Oman to manage the strait as it faces heightened economic pressure from US President Trump.

Energy & Commodities

Oil prices fall 2.6% on Iran-Oman talks to reopen Strait of Hormuz

Only five commodity vessels transited the Hormuz straits on Aug 25

2026-08-26T05:42:29.000Z

International benchmark Brent crude futures settles at US$94.39 a barrel, up US$0.61 or 0.7%.

Companies & Markets

Oil rises as Trump threatens sanctions on Iran partners

[HOUSTON] International and US crude oil futures rose on Friday (Aug 21) after US President Donald Trump threatened economic sanctions on Iran’s trading partners, raising expectations of tighter supply in the coming weeks.

2026-08-22T00:44:35.000Z

Brent and WTI are on track for weekly gains of 6% and 5.4%, respectively.

Companies & Markets

Oil climbs over US$1 on tanker attacks, no progress on peace

[HOUSTON] Crude oil futures climbed over US$1 a barrel on Friday (Aug 14) on tanker attacks and a lack of progress on a peace agreement between the Trump administration and Iran’s leadership.

2026-08-15T00:58:39.000Z