Rising gasoline prices fuel fresh inflation fears in the U.S.
Photo caption: Gasoline retail outlet A surge in energy costs is expected to drive overall U.S. consumer inflation higher, with September numbers seen at
Category : Energy
Oil prices climb above $106 as Iran threatens more tanker attacks
Photo caption: An oil tankers in Strait of Hormuz Crude oil prices moved higher earlier today, after Iranian officials told Reuters the country’s forces
EU delays methane rules on oil and gas imports for a year
Photo caption: A drone view shows the European Commission headquarters known as the Berlaymont building in Brussels, Belgium April 29, 2026. REUTERS/Yves Herman Purchase Licensing
Diesel shortages could persist well into 2027, IEA says
Photo caption: IEA logo *IEA expects year-end refinery recovery to replenish stocks but not offset this year’s diesel deficit *Middle East and Russia lose
Dangote Refinery posts $22.5bn revenue, records $4.7bn profit as cash reserves hit $6.7bn in Q3
Photo caption from left: Group Executive Director, Logistics & Distribution, Dangote Industries Limited, Abdu Dantata; Group Vice President, Oil & Gas and Fertiliser, Dangote Industries
Saudi Arabia shoots down Houthi missiles as regional conflict escalates
Photo caption: Missile A day after the two consecutive deadly attacks on the international airport in Riyadh, Saudi Arabia intercepted and destroyed two ballistic
Saudi Arabia plans massive expansion of oil pipeline to bypass Hormuz
Photo caption: Pipeline Saudi Arabia plans to raise the capacity of its East-West onshore oil pipeline that helps it bypass the Strait of Hormuz
Shell slams Australia’s plan to force LNG producers to supply domestic market
Photo caption: Shell logo Shell has spoken out against a plan by the Australian government to ensure domestic gas supply by mandating LNG producers
Saudi-led coalition orders evacuation of Yemen oil facility in Sanaa ahead of operation|
Photo caption: A drone A Saudi-led coalition urged civilians on Tuesday to evacuate the Yemen Oil Company’s Sabah central station in the capital Sanaa
