In a bold move that could reshape the nation’s energy landscape, the Trump administration has unveiled plans to auction off nearly 80 million acres of federal waters in the Gulf of Mexico for oil and gas drilling, marking one of the largest offerings in recent history. This staggering figure, part
What drives a global oil titan to slash prices in a market already brimming with supply? In December, Saudi Arabia, the world's leading oil exporter, stunned the energy sector by cutting crude oil prices for its largest consumer base in Asia, marking a significant shift that could reshape trade
In the ever-shifting landscape of global energy markets, a potential acquisition has captured the attention of industry insiders and analysts alike: Swiss energy trader Gunvor's bid to acquire the foreign assets of Russian energy giant Lukoil. This deal, if realized, would mark a transformative
Today, we’re thrilled to sit down with Christopher Hailstone, a seasoned expert in energy management, renewable energy, and electricity delivery. With his deep knowledge of the utilities sector, Christopher offers unparalleled insights into grid reliability, security, and the broader energy
In the heart of Southeast Europe, Serbia's largest oil company, NIS (Naftna Industrija Srbije), finds itself trapped in a geopolitical storm as U.S. sanctions targeting its Russian ownership disrupt operations at a critical time. With the Pancevo refinery—Serbia's sole major oil-processing
In a world where the oil market faces relentless turbulence with prices plummeting and geopolitical tensions simmering, Saudi Aramco stands as a beacon of resilience, posting impressive financial results that defy industry headwinds. The company, recognized as the largest oil producer globally, has
