Oil Slips to Two-Week Low as US and Iran Seen Moving Closer to Deal
Summary Washington cites progress in Iran conflict resolution Trump says there is no rush for Iran deal, US blockade stays Two LNG, one crude tanker cross Strait in recent days,…
What Needs to be Agreed to End the Iran War?
Iran’s foreign ministry spokesperson said on Monday that conclusions have been reached on many topics discussed in a potential 14-point memorandum of understanding, but this does not mean a deal…
India Raises Fuel Prices for Fourth Time as Oil Crisis Hits Consumers
India’s state-owned energy majors that trade in fuels raised prices at the pump for the fourth time in the space of a month, reflecting the continued effect of the Strait…
Australia Set to Include Existing LNG Deals in Gas Reservation Scheme
Australia plans to include existing LNG contracts in its so-called Domestic Gas Reservation scheme, expected to come into force in July 2027, to ensure local supply. The new Australian regulation,…
Rubio Plays Down Imminent U.S.-Iran Deal
The U.S. will deal with Iran “another way” if it does not reach a good deal with the Islamic Republic, U.S. Secretary of State Marco Rubio said on Monday, playing…
Sinopec Boosts China’s Shale Oil Output
Sinopec’s Jiyang shale oil base in Shandong province has ramped up output in recent months, raising Chinese shale production and domestic resources and output as the world’s biggest crude importer…
Westfalen aims to double industrial gas capacity in Switzerland
By 28 min ago 1 min read German energy and gases firm Westfalen Group is set to double the current industrial gas filling capacity at its Swiss site. The company…
Top Stories Of The Day: Solar Tenders, Transmission Expansion, Rooftop Policy Reforms, Corporate PPAs & More…
NLC India Limited, through NLC India Renewables Limited, has floated a tender to arrange 1,500 acres of land in Gujarat for large-scale solar PV projects. The land will be leased…
Analysts Explain Oil Price Drop
In a crude market commentary piece sent to Rigzone on Monday, Gaik June Goh, a senior oil market analyst at Sparta Commodities, explained today’s oil price drop. “On late Saturday,…
UAE Showcases National Hydrogen Strategy And Clean Energy Vision At Global Hydrogen Summit
The United Arab Emirates (UAE), through its Ministry of Energy and Infrastructure, participated in the World Hydrogen Summit and Exhibition held in Rotterdam, reinforcing its commitment to clean energy development…
