Strikes by North Sea oil workers could ‘severely disrupt’ UK fuel supplies
North Sea oil workers backed strike action against Apache over pay disputes, with unions warning of potential severe disruptions to UK fuel supplies later this month.
‘It really hammers people’: Scottish islanders hit by highest diesel prices in UK
Scottish island residents face the UK’s highest diesel prices, exceeding 220p per litre in some areas, straining transportation costs and access to essential services on remote communities.
Why Supplying Europe With LNG Has a Best-Before Date
Canada and the EU are pursuing a long-term LNG supply partnership, but the EU’s declining gas consumption may make the expensive infrastructure investments obsolete before they generate returns.
Houthi Fighters Launch Ground Incursions Into Saudi Arabia
Houthi militants have conducted multiple ground incursions into Saudi Arabia’s southwestern border region, capturing military equipment, marking an escalation beyond aerial attacks that have occurred almost daily since September.
Africa Launches $5 Billion Energy Bank as Western Lenders Retreat
Africa has launched a $5 billion Energy Bank to finance oil and gas projects as Western investors retreat from the continent amid surging energy demand and insufficient international funding.
Big Oil Puts Debt Reduction Ahead of New Investments
Major oil companies posted strong third-quarter profits but are prioritizing debt reduction and stock buybacks over new capital investments, signaling caution about long-term industry prospects.