World Braces for Iran Response to US Strikes
The unprecedented US airstrikes on Iran have set traders and governments worldwide on edge, as the Islamic Republic warns of retaliation and Israel shows no sign of letting up in its assault.
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Equinor Kicks Off Production at Danish Solar Plant
Ingerslev A is BeGreen's first project to enter production since Equinor acquired the company in 2023.
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EU Abandons Proposal to Lower Price Cap on Russian Oil
The EU proposed lowering the cap to $45 per barrel from the current $60, but oil's surge following Israel's attack on Iran has complicated efforts to find unanimity among the bloc's 27 members.
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Oil Gains on Volatile Week
Market volatility remained high, but crude still posted a third straight weekly gain.
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European Nations Lead Push for De-Escalation in Israel-Iran War
Talks aimed at de-escalation got under way in Geneva after Trump signaled he would give diplomacy a chance before deciding whether to intervene militarily.
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Germany Holds Early Talks on How to Exit SEFE
SEFE has itself been speaking with Boston Consulting Group as it seeks to examine the economic rationale for various options including a potential merger with Uniper, people with knowledge of the matter said.
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Chevron Acquires Two Smackover Leases as It Eyes Lithium Production
Chevron said the acquisitions mark the first step in its establishment of a commercial-scale lithium business in the U.S.
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