Energy Shift: Turkey Strikes Long-Term Deal for American Gas
Turkey has signed a 20-year deal with Mercuria to purchase U. S. liquefied natural gas (LNG), according to Energy Minister Alparslan Bayraktar.
This agreement...
EU Moves to Speed Up Ban on Russian LNG in Latest Sanctions Plan
The European Commission is considering a proposal to ban Russian liquefied natural gas (LNG) as part of new sanctions against Russia due to its...
Kuwait Oil Minister Sees Demand Rising After US Rate Cut
Kuwait's Oil Minister Tariq Al-Roumi expects increased oil demand, especially from Asian markets, following the U.S. Federal Reserve's recent interest rate cut, which was...
Moscow Seeks Deeper Engagement with U.S. on Sakhalin-1 Project
Russian Deputy Foreign Minister Sergei Ryabkov stated that Moscow is open to further discussions with the U. S. regarding energy cooperation, specifically mentioning the...
Kirishi refinery in Russia halts operations on vital unit after Ukraine strike
A major oil refinery in Kirishi, Russia, stopped a key processing unit after a Ukrainian drone attack over the weekend. Ukraine is increasing assaults...
Trump Pressures NATO Nations to Cut Russian Oil Imports
President Donald Trump announced that the U. S. is ready to impose new energy sanctions on Russia, but only if all NATO countries stop...
Russia’s Key Primorsk Oil Port Targeted by Drones in First-Ever Strike
A drone attack on Russia's Primorsk port on Friday resulted in a fire on a vessel and a pumping station, marking the first reported...
Exxon expects EU to secure long-term US gas agreements, FT reports
ExxonMobil expects the European Union to sign long-term U. S. gas contracts as part of a plan to buy $750 billion of American energy...
US Pressure Spurs EU to Accelerate Shift from Russian Oil and Gas
The European Union is looking to phase out Russian fossil fuels more quickly as part of new sanctions against Moscow, according to European Commission...
Japan’s Battery Market Expands, But Auction Reforms Threaten Momentum
Context
Japan relies on imported fossil fuels for nearly 70% of its electricity, making energy security a long-term priority. The government has expanded renewables, but...