Wael Sawan

The multinational owners of Canada’s first large-scale liquefied natural gas export terminal have agreed to a C$33 billion expansion in British Columbia

Shell reports highest profits since 2022

Data shows no significant movement of trapped ships yet, with expectations that it will take three to four months for traffic to normalize

More than two months after the US and Israel first began their war with Iran, the White House and the Iranian regime have agreed a framework deal to bring about a more long-term end to hostilities

The size exceeds previously reported bets amounting to $2.6 billion, which have already prompted the U.S. administration to warn staff against using nonpublic information for financial benefit

Shell has announced rocketing profits for the first three months 2026 which outstrip even analyst expectations, thanks to rocketing oil prices caused by the Iran war

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Shell profits from Middle East conflict despite Qatar gas disruption

Iran’s $2b oil passage via Hormuz a ‘gift’ for Trump, but markets to see no relief

Iran’s $2b oil passage via Hormuz a ‘gift’ for Trump, but markets to see no relief

Houthis’ moves revive risks to key Red Sea route already hit during Gaza war

One month into the U.S.-Israel war with Iran, what began as a swift, high-tech campaign has hardened into a dangerous stalemate with global consequences

The Iran war and the broader energy shock tied to disruptions in global oil markets have pushed some countries to take steps to conserve fuel and stabilize supplies

Oil rises above $105 to hit highest level since Trump announced Iran talks

US Treasury Secretary Scott Bessent projects lower global inflation and energy prices after the West Asia conflict

Trump's approval ratings hit lowest of second term, poll shows

Gas Prices Tick Down for First Time Since War

The quiet release of an emergency energy playbook has sparked global concern, with some warning to 'get ready for lockdown 2.0' if fuel shortages worsen

UK drivers have already paid an extra £307m for petrol and diesel since the war in Iran began

Oil Falls Below $100 as Markets Greet Middle East Diplomatic Push With Tentative Optimism

Millions of South Asian workers in the Middle East provide a vital economic boost by sending money home

Oil and gas executives who had recently planned to discuss supply gluts at their annual conference are now eyeing fuel shortages in some countries

India Rejects Hormuz Toll Reports as 'Baseless'

Millions of South Asian workers in the Middle East provide a vital economic boost by sending money home

Oil and gas executives who had recently planned to discuss supply gluts at their annual conference are now eyeing fuel shortages in some countries

Oil and gas executives who had recently planned to discuss supply gluts at their annual conference are now eyeing fuel shortages in some countries

He received £1.9 million in his fixed salary, pension and benefits for the year, but saw this heavily eclipsed by around £11.8 million of bonuses

Reliance Industries operates the world's largest oil refinery in Jamnagar

Shell has laid bare the impact of last year’s tumbling oil prices as it reported a worse-than-expected 22% plunge in annual profits

Shell plans up to £4.6mn pay rise for chief executive Wael Sawan

When at full production, the project is expected to produce 126 million tonnes of LNG per annum by 2027, boosting QatarEnergy’s output by some 85 per cent from its current 77 million tonnes per annum