UKMTO says tanker struck by unknown projectile off Saudi Arabia's YanbuA tanker sustained damage from an unknown projectile near Saudi Arabia's Yanbu port. The vessel experienced a fire on its main deck, but al...
24 Aug, 2026, 02.38 PM IST
Iran digs up ‘tens of billions’ in gas wealth as US energy showdown heats upIran has discovered a major gas field in southern Fars province containing 7.5 trillion cubic feet of gas, with 5.7 trillion cubic feet rec...
24 Aug, 2026, 01.32 PM IST
US refiners face historic stress test as global crisis loomsUS refineries are running near maximum capacity to fill global fuel shortages caused by the Iran war and disruptions in Russia. While this ...
24 Aug, 2026, 11.46 AM IST
The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
24 Aug, 2026, 07.29 AM IST
Six EU countries urge windfall tax on energy firmsSix EU nations are urging a bloc-wide windfall tax on oil companies. Profits have surged due to the ongoing Middle East war and rising cost...
22 Aug, 2026, 08.20 PM IST
Russian and Ukrainian attacks kill 5 people a day after deadly shopping mall drone strike by MoscowRussian forces conducted overnight drone and missile strikes across Ukraine. This follows a deadly strike on a shopping center which killed...
22 Aug, 2026, 05.10 PM IST
Iran’s South Pars Phase 14 refinery 70% repaired after Israeli strike: ReportThe repair work on Iran's South Pars Phase 14 gas refinery has reached a promising seventy percent completion mark. Following an Israeli at...
22 Aug, 2026, 04.08 PM IST
Rust, power cuts and delays: Inside Venezuela’s oil export crisisVenezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...
21 Aug, 2026, 05.25 PM IST
Oil giants pool capital to ignite energy deeptechThe MC2+Ignite accelerator, in partnership with IIT Madras, will select about 30 startups at the prototype-to-early-pilot stage. The focus ...
20 Aug, 2026, 06.00 AM IST
US to announce steps to help refiners produce more fuel, energy chief Wright saysUS Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Do...
18 Aug, 2026, 08.23 AM IST
Russia receives Indian gasoline cargo as fuel shortages biteAt least one 68,000-tonne cargo of gasoline from India has entered Russia’s domestic market as Moscow responds to fuel shortages caused by ...
17 Aug, 2026, 09.27 PM IST
Ukraine takes aim at Russia's economy and morale by attacking online retailerFor over a month, Ukrainian drones have been relentlessly striking warehouses belonging to Russian online retailer Wildberries. This offens...
17 Aug, 2026, 07.12 PM IST
Government fixes LPG production targets for refiners, Reliance gets largest shareIndia has set maximum LPG production targets for refineries and upstream companies. This move aims to build a domestic supply buffer after ...
16 Aug, 2026, 10.48 AM IST
Explosion at Dutch port of Rotterdam leaves 1 dead, several injuredA deadly explosion rocked Rotterdam, Europe's largest port, resulting in one fatality and several injuries. The incident took place at the ...
13 Aug, 2026, 09.01 PM IST
Ukraine's drones hit a major Russian refinery 800 miles from the border, sparking a fireUkrainian drones struck a major Russian oil refinery and a naval base. Russia retaliated with missile and drone attacks across Ukraine. The...
13 Aug, 2026, 05.21 PM IST
Saudi Aramco delays Jazan oil refinery restart to August 30, IIR note showsSaudi Aramco has delayed the Jazan refinery restart by two weeks. The facility shut down on July twenty-seventh after a Houthi attack. Yeme...
10 Aug, 2026, 05.56 PM IST
Fire extinguished at Aramco facility in Jazan, Saudi Arabia saysFirefighters extinguished a blaze at Saudi Aramco's Jazan refinery on Sunday. The facility had previously been shut down following a Houthi...
09 Aug, 2026, 07.58 AM IST