Aramco CEO Warns Oil Inventories Are ‘Scarily Thin’
Saudi Aramco CEO Amin Nasser warned Monday that the world has lost nearly 3 billion barrels of gross oil supply since the Iran war began, equivalent to roughly half the…
EU Electric Vehicle Sales Hit Record as Fuel Prices Surge
Record-high fuel prices and a record number of newly available affordable models have pushed electric vehicle sales in the European Union to an all-time high this year, Transport & Environment,…
Indian State Firm BPCL Readies $3-Billion Bond to Fund Brazil oil Project
Indian state-owned refiner Bharat Petroleum Corporation Limited (BPCL) prepares to issue a $3-billion bond to finance its share of a major offshore oil development in Brazil, as Indian companies move…
10 minutes with… Altura Energy
10 minutes with… Altura Energy | Feature © Shutterstock By 28 min ago 1 min read 10 minutes with Ashley Lastinger, CEO of Altura Energy Thanks for taking 10 minutes…
Air Liquide uses AI in over one-third of ‘critical processes’
By 30 min ago 2 min read Industrial gas major Air Liquide has “enhanced” over a third of its critical group processes with AI, with plans to make 95% of…
AI chip demand to drive Air Liquide electronics sales above €4bn by 2030
AI chip demand to drive Air Liquide electronics sales above €4bn by 2030 | Electronics & Semiconductors | gasworld © Shutterstock.com By 32 min ago 1 min read Air Liquide…
Diesel Margins Slide as G7 Announces 100 Million Barrel Stocks Release
The G7 announcement of a release of 100 million barrels of crude oil and diesel has pressured down middle distillate refinery margins, which had hit record highs last month. The…
Hormuz LNG Flows Still Down More Than 75% Despite Rebound
LNG traffic at the Strait of Hormuz appears to be ticking up despite increased threats to shipments in the chokepoint in recent days. At least three LNG carriers have transited…
Japan Rules Out More Reserve Releases After G7 Pledges 100 Million Barrels
Japan does not plan to carry out additional releases of crude oil from its national reserves, a senior government official said on Monday, even as the G7 group announced on…
South Korea Plans to Triple Canadian Crude Imports as Saudi Share Slips
The share of Saudi crude in South Korea’s oil imports dipped below 30% for the first time since 2021, as the resource-poor G7 economy moved to diversify supplies amid the…
