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$Mexico eyes ‘sustainable’ fracking to cut US imports, sparking local backlash$

Mexico eyes ‘sustainable’ fracking to cut US imports, sparking local backlash

- Mexico is considering fracking to reduce its reliance on US natural gas, drawing opposition from northern communities concerned about water scarcity, environmental damage

12:19 Electricity

US oil rig count up for week ending Oct. 9

- Number of US oil rigs up by 44 compared to one year ago

10.10.2026 Oil

Hurricane Isaias shuts in 63% of US Gulf oil, 57% of gas output

- Offshore operators suspend approximately 1.28 million barrels per day of oil production and evacuate personnel from 121 platforms

09.10.2026 Natural Gas Oil

bp suspends 2 Gulf of Mexico platforms as Hurricane Isaias threatens US coast

- Company evacuates all personnel from Na Kika and Thunder Horse platforms, removes non-essential staff from three other facilities

09.10.2026 Oil

EU approves $45.4M aid for French firms amid fuel price surge

- Aid to support transport companies and businesses in the agricultural, fishery and aquaculture sectors

09.10.2026 Oil

Hurricane Isaias shuts in 25% of US Gulf oil production

- More than 511,000 barrels per day of oil production halted as hurricane threatens offshore energy facilities

08.10.2026 Oil

US crude oil inventories down 0.7% in week ending Oct. 2

- Daily crude oil production rises to around 13.98 million barrels per day

08.10.2026 Oil

Fivefold Hormuz freight surge forces Middle East crude discounts to stay competitive

- Record shipping costs raise delivered crude prices in Asia and erode Gulf's traditional freight advantage

06.10.2026 Oil

Iran says Strait of Hormuz main focus of talks to end war with US

- 'Securing the Strait of Hormuz, or restoring security to this waterway, requires specific steps from the American side,' says foreign ministry spokesman

04.10.2026 General

US drivers continue to face high gasoline prices

- Gasoline prices remained high across the US on Saturday, Oct. 3, as current fuel prices were displayed at gas stations in Arlington, Virginia

03.10.2026 Downstream

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Trump weighs diesel export ban, warns of impact on gasoline prices

- Energy Secretary Wright signals upcoming announcements on additional diesel supplies from Europe to ease prices

01.10.2026 Oil

US crude oil inventories up 0.2% in week ending Sept. 25

- Daily crude oil production rises to around 13.95 million barrels per day

01.10.2026 Oil

Trump unveils $200B South Korean investment plan for US energy projects

- Package includes $120 billion nuclear power program to build 8 nuclear reactors, president says

01.10.2026 Finance

Shell takes final investment decision to double LNG Canada capacity

- Final investment decision set to double LNG Canada production capacity from 14 mtpa to 28 mtpa

30.09.2026 Lng/Lpg

China shifts from LNG buyer to global reseller, pockets $4.6B in arbitrage profits

- China is emerging as major LNG reseller as domestic demand plateaus and wave of long-term contracts comes online

28.09.2026 General

Middle East, Ukraine wars weigh on Saudi, Russian oil

- Saudi Arabia's crude supply fell to its lowest level in more than 30 years in August, while Russia's oil production hit its lowest level since 2003 as wars disrupted output and export routes

26.09.2026 Oil