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Importers of liquefied natural gas in Japan are bracing for the possibility that long-term supplies from one of the world’s top exporters could become uncertain. Australians are heading to the polls on May 3 and, according to Reuters, whichever party wins, there may well be less LNG for exports than …

Chinese state-controlled refining giant Sinopec has returned to buying Russian crude oil after halting purchases last month due to concerns about the U.S. sanctions on Russia’s oil trade and shadow tanker fleet imposed in January, trade sources told Reuters on Wednesday. Sinopec, the biggest refiner in Asia by processing capacity, …

Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by national interests rather than group quotas, raising questions about future compliance and cohesion within the cartel. Kazakh Energy Minister Erlan Akkenzhenov told Reuters on Wednesday that the Central Asian producer, which pumps …

Saudi Arabia’s economy is set to grow by 3.0% this year, a rebound from meager 1.3% growth in 2024, but lower than a previous forecast of 3.3% GDP growth, the International Monetary Fund (IMF) said in its World Economic Outlook (WEO) Update on Tuesday. Saudi growth for 2026 was also …

Iran is boosting natural gas production from Phase 11 of the giant South Pars field after bringing online a key new well, Iranian media reported on Tuesday. The eighth well at South Pars 11 – the 11th phase of development at the world’s largest natural gas discovery, which Iran shares …

Taiwan is pledging to buy more U.S. oil and gas, which is a focus of the tariff talks with the Trump Administration, Taiwanese President Lai Ching-te said on Tuesday. “Increasing purchases from the United States, including natural gas, oil, and other essential national energy sources, is not only the next …

Richard Kinder doesn’t lose sleep over trade wars or chatbots. The billionaire co-founder of Kinder Morgan waved off the industry handwringing over U.S.-China LNG tariffs and the supposedly overhyped energy appetite of AI data centers. “Our view is that any loss of the Chinese market will be more than offset …

Saudi Arabia’s crude oil exports jumped by nearly 500,000 barrels per day (bpd) in February compared to January, the latest data from the Joint Organizations Data Initiative (JODI) showed on Tuesday. Crude exports from the world’s biggest crude exporter averaged 6.547 million bpd in February, up from 6.073 million bpd …

Australia has been developing its critical mineral sector in recent years, aiming to become a major producer and processor of the high-demand minerals and metals needed to support a global green transition. In addition to launching a national strategy and providing billions in funding for the sector, the government recently …

Rising market and policy uncertainties forced companies to cancel $8 billion in investments in U.S. clean energy projects in the first quarter of the year. In a dramatic surge in cancellations of projects amid the chilling effects of the Trump Administration’s trade policy and attempts to repeal part of the …