Halliburton is cutting jobs across several business divisions as oilfield services providers face ongoing financial strain linked to shifting global market conditions. According to Reuters, citing two sources familiar with the matter, the US-based company has reduced its workforce in recent weeks, with employee cuts reportedly affecting at least three…

The European Union has reaffirmed its plan to phase out Russian oil imports by 2028, maintaining its position despite not facing direct pressure from Washington to speed up the timeline, Reuters reported, citing Energy Commissioner Dan Jorgensen. The commitment forms part of the bloc’s broader strategy to reduce reliance on…

Ammonia and methanol, long relied upon as industrial feedstocks, are emerging as potential low‑carbon fuels and hydrogen carriers amid the global energy transition. Increasingly recognised for their versatility, both chemicals are being positioned for roles in clean power generation, shipping and long-distance hydrogen transport. Analysts note that their effective uptake…

Syria has resumed crude oil exports for the first time in 14 years, marking a significant step in the country’s broader efforts to revitalise its economy following the ousting of Bashar al-Assad in December last year. According to Reuters, citing a Syrian energy official, Damascus has supplied 600,000 barrels of…

Shell plc has confirmed the pounds sterling and euro equivalent dividend payments for its second quarter 2025 interim dividend, originally announced on July 31, 2025, at US$0.358 per ordinary share. The company stated that shareholders had until September 1, 202,5 to elect to receive their dividends in US dollars, euros,…

Environment groups are urging the Australian government to intervene after documents revealed that Santos’s Darwin LNG export facility has been leaking methane for nearly 20 years. The disclosures, obtained by the Environment Centre NT, raise questions about transparency in the gas sector and the role of regulators in overseeing large…

The United States cemented its status as the world’s preeminent energy superpower this June, reaching unprecedented heights in both crude oil and natural gas production. According to an August 29, 2025, analysis by Antonio Di Giacomo, Financial Markets Analyst for LATAM at XS, the country hit a historic high of…

Global energy markets entered the week on edge as renewed geopolitical tensions pushed crude oil prices higher, offsetting otherwise bearish supply‑demand fundamentals. Crude began Monday with a sharp rebound, driven by fears of supply disruptions linked to Washington’s latest restrictions on Russian exports and intensifying Ukrainian strikes on energy infrastructure.…