OPEC Lowers Oil Demand Outlook Amid Hormuz Strait Tensions
OPEC has adjusted its oil demand forecast downward, citing disruptions in the Hormuz Strait that are likely to impact production levels significantly.
Editorial Staff May 19
Energy
Energy markets, oil and gas, renewables, grids, and utilities.
Putin and Xi Set to Discuss Power of Siberia 2 Pipeline at Upcoming Summit
The upcoming summit in China will see discussions between Putin and Xi regarding the Power of Siberia 2 gas pipeline, following Donald Trump's recent visit to Beijing.
Editorial Staff May 19
New Ge-Si Photodetector Enhances Data Transmission Speed for Data Centers
A novel low-loss packaging for a reconfigurable Ge-Si photodetector aims to improve data transfer efficiency, addressing the rising demands of data centers driven by large language models.
Editorial Staff May 18
Exploring the Futures Market for Crude Palm Oil in South Asia
This article provides an in-depth look at the futures market for crude palm oil specifically in South Asia, highlighting key aspects and trends.
Editorial Staff May 18
Iran Conflict Disrupts Global Oil Supply, Estimated Losses Hit $50 Billion
The ongoing conflict in Iran is causing major disruptions in the global oil supply chain, with losses estimated at $50 billion. U.S. consumers have faced significant financial impacts as a result.
Editorial Staff May 18
Iranian Strike on Oil Tanker Near Dubai Heightens Regional Tensions
An Iranian strike on a large oil tanker off the coast of Dubai raises concerns amid escalating tensions following recent threats from President Trump.
Editorial Staff May 18
Ancient Canadian Shield Rocks Reveal Natural Hydrogen Gas, Suggesting New Energy Possibilities
Geochemists have identified natural hydrogen gas in ancient Canadian Shield rocks, which could indicate a promising renewable energy source.
Editorial Staff May 18
Oil Prices Update as of May 18, 2026
Stay informed with the latest updates on oil prices as reported by Fortune on May 18, 2026.
Editorial Staff May 18
Exploring the Potential of Hydrogen Energy from Mountain Erosion
A recent study suggests that natural processes in mountain ranges like the Alps and Pyrenees may facilitate the formation of hydrogen gas, offering new clean energy possibilities.
Editorial Staff May 18
Exploring Future Trends in Oil Pricing: Three Possible Scenarios
Morningstar Canada examines three potential scenarios that could influence the direction of oil prices in the coming months.
Editorial Staff May 18
Understanding the Significance of the UAE's New Oil Pipeline for India and Global Markets
The UAE's new oil pipeline, which bypasses the Strait of Hormuz, could have significant implications for oil supply security in India and the dynamics of global oil markets.
Editorial Staff May 18
BP Reassesses Strategy, Returns to Core Oil and Gas Focus
In light of evolving market conditions, BP is redirecting its strategy to prioritize traditional oil and gas operations, signaling a notable shift in its business approach.
Editorial Staff May 17
Chevron's Stock Rises 5.2% Following ENEOS Asset Sale and Oil Market Boost
Chevron's recent stock increase of 5.2% can be attributed to its strategic sale of assets in Asia to ENEOS, coupled with favorable conditions in the oil market.
Editorial Staff May 17
France Considers Windfall Tax on TotalEnergies in Response to Rising Oil Prices
Amidst soaring oil prices, the French government is contemplating a windfall tax on TotalEnergies, aiming to mitigate the impact on consumers.
Editorial Staff May 17
Alberta's New Carbon Deal Links Emissions Reduction to Oil Pipeline Development
A new agreement in Alberta, Canada, connects carbon management efforts to the construction of a new oil pipeline, aiming to mitigate emissions from oil extraction.
Editorial Staff May 17
Iran Faces Intensifying Energy Crisis Ahead of Summer Peak
As summer approaches, Iran's energy crisis deepens, prompting the implementation of emergency measures due to dwindling oil stockpiles.
Editorial Staff May 17
South Korea's Refining Capacity Offers Resilience to Oil Price Volatility
The substantial refining capacity in South Korea serves as a protective measure against the unpredictability of oil prices.
Editorial Staff May 17
Iraq's Oil Exports Through the Strait of Hormuz Reach 10 Million Barrels in April
In April, Iraq successfully exported 10 million barrels of oil via the strategically important Strait of Hormuz, highlighting the ongoing significance of this maritime route.
Editorial Staff May 17
The Decline of America's Oil Era: Implications Ahead
As China leads the charge in the energy transition, the U.S. faces challenges from fossil fuel proponents seeking to hinder progress.
Editorial Staff May 17
Chevron Pursues Tax Incentives from School District for New Power Plant
Chevron is seeking tax breaks from a Texas school district for a data center power plant, potentially saving the company hundreds of millions amid increasing scrutiny of such incentives.
Editorial Staff May 17