Cheniere Energy raised its forecast for annual core profit on Thursday after beating quarterly expectations on robust demand for liquefied natural gas, sending its shares up 4% in premarket trading.The U.S. has further solidified its position…

German energy company RWE said on Thursday that it had reached a $1.22 billion agreement with the Trump administration to cancel three offshore wind leases in U.S. waters and to direct the funds to LNG and natural gas power plant projects.The arrangeme…

A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to U.S. sanctions and restrictive insurance clauses on any payments, four industry sources…

U.S. imports of Middle Eastern crude are set to hit about 600,000 barrels per day in August, the highest since the Iran war began, as a brief opening of the Strait of Hormuz and the rerouting of Saudi oil through the Suez Canal pushed barrels toward Am…

The maritime industry faces the dual challenge of reducing emissions while remaining economically competitive. As a result, energy efficiency is becoming one of the key drivers of the sector’s transformation.Against this backdrop, SMM will launch the E…