Oil Market Calm Masks a Host of Unknowns: Bousso

The biggest oil supply shock in decades has entered its fourth month – with no resolution in sight as neither the U.S. nor Iran appears willing to budge – yet…

Israel Hits Iranian Petrochemical Plant as War Escalates

Israel hit a petrochemical plant in southwestern Iran early on Monday, the first direct energy strike on Iranian territory since the April 8 ceasefire, as hostilities in the Middle East…

China Delays 500,000 Bpd Of Refining Capacity As Hormuz Disruptions Deepen

The disruption of Middle Eastern crude supplies through the Strait of Hormuz has forced Chinese refiners to delay or indefinitely postpone 500,000 barrels per day of refining capacity, creating one…

Brent Climbs to $94 as Houthis Target Israeli Vessels in Red Sea

The Middle East’s largest remaining oil export corridor came under renewed pressure on Monday after Yemen’s Houthis announced a complete ban on Israeli shipping in the Red Sea, risking a…

  • Gas
  • June 8, 2026
New technologies firmly in sights of incoming BCGA President

By 11 min ago 2 min read Newly appointed will confront the challenges and opportunities presented by transformational technologies while developing solutions that improve the service it provides to members.…

  • Gas
  • June 8, 2026
Uniper deepens Germany–Canada LNG ties

By 24 min ago 2 min read German multinational energy firm Uniper has signed a letter of interest with Canada’s proposed Ksi Lisims liquefied natural gas (LNG) project on the…

  • Gas
  • June 8, 2026
Lithuania’s first green hydrogen station opens at Klaipéda port

By 45 min ago 2 min read The Port of Klaipéda has opened Lithuania’s first green hydrogen production and refuelling station, capable of producing 127 tonnes per year (tpa) of…

  • Gas
  • June 8, 2026
European partners record flight partly fuelled by e-SAF

By 36 min ago 2 min read A European consortium has announced a passenger flight from Amsterdam to Hamburg has been partly powered with e-SAF (5%). The consortium comprises KLM,…

  • Gas
  • June 8, 2026
ASCO expands US distribution of CO2 recovery solutions

By 10 min ago 2 min read Swiss-headquartered carbon dioxide (CO2) and dry ice solutions company ASCO Carbon Dioxide (ASCO) will expand distribution of its CO2 recovery technology in the…

Oil Prices Climb Over 3% After Israeli Strikes on Iran and Lebanon

Summary Israel strikes on Iran follow strikes on Beirut on Sunday Iran on Sunday retaliated with missile attacks on Israel Iran plans to collect Hormuz transit fees, ambassador quoted as…