Real-time energy news intelligence from 80+ sources. AI-curated story clusters covering oil & gas, renewables, LNG, and power markets.
In 2025, Russia's total cargo shipments via the Northern Sea Route decreased by 2.3% compared to the previous year. This decline is attributed to reduced crude oil and LNG shipments along this Arctic export route, impacted by sanctions.
Natixis Corporate & Investment Banking has closed $431 million in financing for NineDot Energy's portfolio of 28 battery energy storage systems in New York City. The projects will have a total capacity of 124 MW (494 MWh) and aim to enhance the reliability of the city's electric grid. This financing includes a construction loan, a tax-credit-transfer bridge loan, and a letter-of-credit facility.
Chevron's Q4 2025 results indicate that rig efficiency is now the main driver of capital efficiency in U.S. shale. The company maintains flat Permian production while improving cash margins by concentrating rigs and increasing output per rig through factory-style development.
India's energy sourcing strategy will prioritize national interests, focusing on consumer protection and secure energy supplies. Foreign Secretary Vikram Misri highlighted the importance of stable energy prices and reliability through diversified imports. India aims to play a role in stabilizing global energy markets.
Vitol forecasts global oil demand will peak in the mid-2030s, delayed from earlier predictions due to slower electric vehicle adoption. The company expects demand in 2040 to be 5 million bpd higher than today, influenced by shifts in policy and economic factors. The International Energy Agency also revised its outlook, projecting oil demand could continue to grow until 2050.
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