Free Top Stories
Iran warns of irreparable consequences after US nuclear site strikes
A senior advisor to Iran's Supreme Leader condemned the US attacks on Iranian nuclear sites declaring that the United States has struck "the heart of the Islamic world” and must await "irreparable consequences."
ISRAEL-IRAN WAR: Israel strikes Iranian nuclear facility and military bases in Ahvaz and Mahshahr
Israeli forces struck multiple Iranian targets on June 21, including military infrastructure in the southwestern cities of Ahvaz and Mahshahr.
Uganda, Tanzania, Zanzibar formalise oil and gas cooperation ahead of 2026 first production
Uganda has signed a tripartite Memorandum of Understanding (MoU) with Tanzania and its archipelago Zanzibar to strengthen regulatory collaboration in the oil and gas sector, as the country prepares to deliver its first commercial oil by 2026.
Russian ghost ship towed from Gdynia for scrapping in Denmark
Polish authorities began the removal of the derelict Russian oil tanker Khatanga from the Port of Gdynia after years of abandonment.
China’s curb on rare earth magnet exports could significantly impact Indian EV manufacturing
India’s automotive sector is navigating an emerging supply-side challenge as China’s recent export controls on rare earth elements and magnets begin to disrupt shipments and strain global supply networks.
FIC head explains why Uzbekistan today is not the Uzbekistan of five years ago
As Uzbekistan continues its transition toward a more open and market-driven economy, there is progress in attracting foreign direct investment (FDI) and improving the overall business climate.
Iran and Israel trade blows on energy infrastructure
The conflict between Israel and Iran expanded to include energy infrastructure this week, with both countries launching missiles at fuel storage depots, refineries and gas facilities in a bid to harm the opposite side’s ability to wage war.
Commonwealth LNG receives final go-ahead from FERC
Kimmeridge’s Commonwealth LNG has received a final order from the US Federal Energy Regulatory Commission (FERC), upholding the authorisation to build the Commonwealth liquefaction terminal.
INTERVIEW: The sustainability shift to LNG bunkering at Canadian ports
Larissa Fenn, vice-president of corporate affairs at HOPA Ports, speaks to us about the growth of LNG bunkering at Canadian ports.
Brazil’s controversial oil tender proceeds with majors winning tracts
Petrobras, ExxonMobil, Chevron and Shell, CNPC and Equinor were amongst the major oil companies winning tracts in Brazil’s latest offshore auction, which had become controversial.
Bosnia’s coal plants the biggest polluters in Western Balkans, CEE Bankwatch survey shows
Across the region, six units exceeded their individual ceilings for sulphur dioxide emissions by more than ten times last year, according to a survey by environmental NGO CEE Bankwatch.
Gas flowing from Iran to Turkey without interruption, says minister
Fifth of Turkey's oil imports pass Strait of Hormuz. Ankara confident it could replace these shipments if passage was disrupted amid conflict.
ExxonMobil ramps up drilling in Guyana’s Stabroek block ahead of freeze on new oil contracts
ExxonMobil has intensified exploration in Guyana’s prolific Stabroek block with the drilling of two key appraisal wells, Lukanani-2 and Hamlet-1, as it races to unlock further reserves ahead of the country's political freeze on new oil agreements
Hurricane Erick bears down on Mexico's Pacific coast
Hurricane Erick has rapidly intensified as it approaches Mexico's southwestern Pacific coastline, with meteorologists warning it could develop into a major hurricane before making landfall on June 19.
Mitsubishi reportedly in talks to buy Aethon’s shale assets
Japan’s Mitsubishi is reportedly in talks to buy the US shale production and pipeline assets of Aethon Energy Management.
Equatorial Guinea leads regional greener development effort for oil and gas sector
Gabonese President Brice Clotaire Oligui Nguema visited Equatorial Guinea’s Golden Swan industrial complex, a testament to the country’s effort to lead greener development of its oil and gas sector.
XGS Energy and Meta to Partner on $1bn advanced geothermal project in US
XGS Energy, Inc. and Meta Platforms, Inc. – formerly known as Facebook – have formed a partnership to advance a 150-MW, $1bn geothermal initiative in New Mexico in the southwestern US.
World has spent $18.5 trillion globally for climate damage since 2000
Climate disaster-related spending globally has reached $18.5 trillion since 2000, according to a new analysis by Bloomberg Intelligence.
Pakistan considers new oil routes from UAE, Saudi Arabia
Pakistan is considering importing its crude oil from Saudi Arabia and the UAE through pipelines if the Strait of Hormuz is shut down due to the ongoing war between Iran and Israel.
SPP flags up risk of getting sued by Gazprom if it breaks gas supply contract
Slovakia’s state-owned gas importer SPP has raised concerns that Gazprom could demand up to €16bn in compensation if Bratislava terminates its long-term gas contract early.
ISRAEL-IRAN WAR: Tehran petrol queues persist despite stable fuel supplies
Tehran continues to experience petrol queues caused by unnecessary visits from residents, whilst fuel supplies remain stable throughout Iran and queues have cleared in all other cities.
What the Iran-Israel war could mean for much of Asia
From energy security and trade disruptions to political polarisation and rising tensions among Muslim-majority nations such as Indonesia, Malaysia and nuclear armed Pakistan, the consequences for Asia could reshape regional dynamics.
ISRAEL IRAN WAR: is the war good news for the Russian budget?
The outbreak of full-scale conflict between Israel and Iran caused oil prices to jump that will provide the Kremlin with a welcome fresh infusion of cash at a time when military spending continues to balloon.
Number of recorded disasters up 50-fold since 1970 – OWID
Tracking the occurrence of natural disasters can save lives by helping countries prepare for future ones, Our World in Data (OWID) reports.
Hungary to veto 'von der Leyen-Zelenskiy energy plan' over Russian import restrictions, foreign minister says
The European Commission is set to unveil a June 17 that would legally prohibit imports of Russian pipeline gas and liquefied natural gas into the European Union by the end of 2027.
Follow us online