(Oil Price) – The hyperscaler-driven surge in U.S. power demand is creating ripple effects in the global…
(World Oil) – VAALCO Energy has agreed to sell its non-core producing properties in Canada for approximately CAD…
(Investing) – A federal judge declared unconstitutional a 2021 Texas law restricting state investments in companies seeking…
Brent Crude Oil
Price: $61.39 per barrel
Currency: USD
Last Updated: 2025-05-03 20:09 UTC
around the World
In an era where corporate accountability extends far beyond balance sheets, Environmental, Social, and Governance (ESG) reporting has emerged as a cornerstone of sustainable business practice. Yet, as regulations like the EU’s…
Trafigura-backed Miombo Restoration Alliance selects first four projects covering 675,000 hectares with potential removal of 50 million tons of emissions Carbon credits from projects could exceed $2.5 billion in market value if…
Calyx Global’s GHG and SDG carbon credit quality ratings will now be accessible directly inside the Bloomberg Terminal, expanding institutional access to independent credit assessments The collaboration responds to growing regulatory and…
Brent vs WTI
The Trump administration’s portfolio of equity stakes in U.S. companies has reached a scale that is unprecedented outside economic crisis or…
The Trump administration has made unprecedented equity investments and obtained other stakes in at least 10 companies over the past year.Many…
Phillips 66 will lay off around half of its employees at its sole remaining oil refinery in California after shuttering operations.…
OPEC Announcements
The European Union is preparing to take a much bigger swing at Russia’s oil trade,…
Washington moved to tighten the screws on Iran’s oil trade again on Friday, rolling out…
TotalEnergies is expanding its exploration portfolio offshore Namibia with acreage north of a block where…
Ørsted targets to reinstate dividends for the financial year 2026, the world’s largest offshore wind…
Japan’s trading company Mitsui & Co is in an advanced stage of talks with QatarEnergy…
U.S. Energy Policy
North America
(Bloomberg) – Canadian oil producers riding a boom from the expanded Trans Mountain pipeline are now grappling with increasing price discounts for near-term supplies, a sign that a supply glut is taking hold. Canada’s flagship oil grade’s discount has grown to more than $15 a barrel in recent days from…
Asia & China
Weather agencies and climate scientists have pointed to the possibility of an El Niño forming in the Pacific Ocean later this year – a…
The Trump administration’s portfolio of equity stakes in U.S. companies has reached a scale that is unprecedented outside economic crisis or wartime. The administration…