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News
China's Return to Buying 'Spooks' Crude Market Players
3+ day, 6+ hour ago (293+ words) Energy Intelligence China's Return to Buying 'Spooks' Crude Market Players Chinese buyers are back in the crude oil spot market, threatening a tenuous balance they helped strike earlier in the year when they slowed crude imports and enabled an undersupplied…...
China's EV Share Hits Record Despite Broader Auto Market Slump
4+ day, 11+ hour ago (52+ words) Energy Intelligence China's EV Share Hits Record Despite Broader Auto Market Slump China’s electric vehicle (EV) market slipped again in August, with sales down 10% from a year earlier, even as EVs captured a record 65% of a shrinking domestic auto market....
Tanker Strikes Threaten Fragile Hormuz Recovery
4+ day, 12+ hour ago (78+ words) Energy Intelligence Tanker Strikes Threaten Fragile Hormuz Recovery The war in the Mideast Gulf is spilling into the waters once again, with tanker strikes around the Strait of Hormuz threatening a fragile uptick in shipping traffic in recent weeks and…...
Aramco's Gas Projects Stay on Track Despite Mideast War
5+ day, 10+ hour ago (41+ words) Energy Intelligence Aramco's Gas Projects Stay on Track Despite Mideast War Saudi Aramco’s key natural gas projects continue to make progress despite the challenges and uncertainty caused by the ongoing Mideast war....
Kuwait Defies Iran to Keep Hormuz Oil Shuttles Moving
5+ day, 8+ hour ago (53+ words) Energy Intelligence Kuwait Defies Iran to Keep Hormuz Oil Shuttles Moving Kuwait Petroleum Corp. (KPC) is quietly shipping crude through the Strait of Hormuz to global customers despite the risks, defying Iran’s efforts to control flows, a KPC official told…...
Saudi Energy Sites Targeted as Houthi Conflict Escalates
5+ day, 8+ hour ago (36+ words) Energy Intelligence Saudi Energy Sites Targeted as Houthi Conflict Escalates Several energy facilities in southern Saudi Arabia bordering Yemen were targeted on Tuesday, the Saudi energy ministry said....
Limits Seen to LNG STS Transfers Outside Hormuz
5+ day, 10+ hour ago (62+ words) Energy Intelligence Limits Seen to LNG STS Transfers Outside Hormuz At least four LNG ship-to-ship (STS) transfers have occurred involving LNG vessels laden with cargoes from Mideast liquefaction facilities just outside of the Strait of Hormuz over the last month…...
Hormuz Export Rebound Pulls Iraq Oil Output Higher
5+ day, 11+ hour ago (65+ words) energyintel.com Hormuz Export Rebound Pulls Iraq Oil Output Higher Iraq’s crude production climbed to 3.37 million barrels per day in August, Energy Intelligence assesses, up from 2.77 million b/d in July, as a sharp recovery in exports through the Strait…...
Blockade Pushes Iran Output Onto Domestic Market
6+ day, 12+ hour ago (55+ words) Energy Intelligence Blockade Pushes Iran Output Onto Domestic Market Iran’s crude production slipped to an estimated 2.2 million barrels per day in August, Energy Intelligence data shows, with nearly 90% absorbed domestically as the US naval blockade throttled Tehran’s export options. By…...
Trump’s Venezuela Oil Ambitions Face Steep Investment Hurdles
1+ week, 5+ day ago (56+ words) Energy Intelligence Trump’s Venezuela Oil Ambitions Face Steep Investment Hurdles The Trump administration has laid out ambitious plans to take equity stakes and develop 17 Venezuelan oil fields, but it remains unclear whether potential partners will find the opportunity attractive enough…...