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The decision blocks Iraqi oil that was scheduled for Indian refineries and underscores the growing fragility of maritime routes that feed the subcontinent’s energy demand. By removing these shipments from the supply chain, the firms introduce a logistical gap that could reverberate through regional …
The ongoing conflict involving Iran is contributing to an increase in gas and diesel prices across the United States, marking a significant energy shock for the economy. Rising fuel costs are presenting new challenges for consumers and businesses, with experts warning that inflationary pressures …
Halliburton delivered a profit of $534 million and revenue of $5.7 billion, outpacing analyst expectations and underscoring strong demand for oilfield services abroad. The earnings beat and strong cash generation lifted the broader energy services sector, with investors rewarding the firm’s higher margin and …
Bloom Energy (NYSE: BE) experienced a dramatic stock increase of 14.82%, ending the day at $226.26, fueled by a significant upgrade of its price target from JPMorgan. Pre-market trading saw shares rise an additional 3.8% to $226.43 as investors reacted positively to the anticipated …
The market for liquefied natural gas (LNG) is set for significant shifts as buyers actively seek more favorable pricing and flexible terms from key producers. This push comes in response to recent geopolitical tensions that have highlighted vulnerabilities in energy supply chains. Buyers, striving …
China's recent decision to dramatically cut its crude oil imports has sent ripples through the global oil market, influencing price volatility. Currently, Chinese imports stand at a decade low, reportedly down by about 4 million barrels per day. This decrease has implications not just …
Origin Energy has initiated a thorough investigation into possible unauthorized access to customer data. The incident, disclosed recently, raised significant concerns over data security within the energy sector, prompting immediate notifications to relevant authorities.
EQT Corp announced a 2026 production lift of about 90 Bcfe, setting the full‑year outlook at 2,375-2,450 Bcfe. The boost stems from better well performance and ongoing compression efficiencies. At the same time, the company shaved $25 million off its maintenance capital budget, targeting …
Phillips 66 (NYSE: PSX) has received a double downgrade to 'Sell' from analysts, who cite high valuations among other concerns, despite the company posting an earnings per share (EPS) of $0.49 that outperformed the anticipated loss of $-0.40 for the quarter. This uptick in …
Prairie Operating Co. (NASDAQ: PROP) has announced a significant leadership change with the appointment of Jennifer Grigsby to its Board of Directors, effective July 21, 2026. This move comes as part of the company's ongoing strategy to reinforce its governance amid a broader reshuffle, …
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