US Oil Reserve Hits 1982 Low Amid Venezuela Deal Doubts
The US Strategic Petroleum Reserve has fallen to 285 million barrels, its lowest since 1982, as a Venezuela oil deal raises more questions than answers.
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The US Strategic Petroleum Reserve has fallen to 285 million barrels, its lowest since 1982, as a Venezuela oil deal raises more questions than answers.
Chinese Vice Premier Ding Xuexiang addressed the 16th APEC Energy Ministers Meeting, urging regional cooperation amid the Strait of Hormuz crisis.
An oil tanker was struck by three projectiles in the Strait of Hormuz as US-Iran tensions escalate, raising fresh concerns for global energy security.
Belgium and Europe still import Russian gas in large volumes despite the EU's 2027 exit plan, exposing a structural weakness in energy security.
Gulf oil giants are investing billions in pipelines to bypass the Strait of Hormuz, reshaping global energy supply chains amid the ongoing Iran war.
China's nuclear power construction scale ranks first globally for 19th consecutive year, with 112 units totaling 125 million kW in operation or approved.
Converging threats including the US-Iran war, low gas storage, and Asia-LNG competition risk a severe European energy crisis this winter.
Belgium's gas storage is only 25% full amid the Iran war and Strait of Hormuz blockade, raising energy security concerns ahead of winter.
Belgium faces climate-driven early harvests, a startup making CO2 capture affordable, and critically low gas reserves at 25% capacity ahead of winter.
Belgium's gas reserves are only 25% full, raising energy security concerns. With EU storage at 49%, Europe faces a challenging winter ahead.
Belgium imported 12.5 TWh of electricity in H1 2026, on track to break the annual record as heatwave drives demand and nuclear phase-out reduces supply.
A severe heatwave forces shutdown of Europe's oldest nuclear plant and three French reactors, raising questions about climate vulnerability.
China delivers the Puteri Johor, its first LNG carrier with fully domestic cryogenic valves, marking a leapfrog in shipbuilding and energy logistics.
China's Shengli Jiyang shale oil zone surpasses 2M tonnes, unlocking reserves international experts deemed commercially unviable.