NASA tests cryogenic system to produce rocket fuel on the Moon
Equinor enters two-year biomethanol deal with shipping firm
COMMENTARY: Iran War Shatters Trump’s Case for Fossil Fuels
By LONDON, March 11 (Reuters) – The economic risks of the world’s heavy dependence on oil and gas have been laid bare twice in four years – first with Russia’s…
COMMENTARY: The Dangerous Politics of US Oil-Driven Redistribution
By LONDON, March 11 (Reuters) – U.S. stock market indexes have weathered this month’s oil shock well so far because investors expect only a glancing overall GDP hit from higher…
Activist Shareholders Challenge BP on Rejected Climate Resolution
Green activist investor Follow This has vowed to fight BP in court after the supermajor did not include a Follow This-led resolution to explain how the company takes investment decisions…
G7 Backs Oil Reserves Release to Curb Middle East Supply Crunch
The G-7 group of the world’s most advanced economies support in principle the idea to release strategic petroleum reserves to calm the market as supply from the Middle East is…
Shell and TotalEnergies Issue Force Majeure After Qatar LNG Shut Down
Several major energy traders have begun declaring force majeure to their own customers after Qatar’s LNG shutdown rippled through global gas markets, according to Reuters sources on Wednesday. Companies including…
EU Mulls Capping Gas Price as Energy Costs Spike on Iran War
The European Union is considering emergency relief measures in the wake of the energy price spike amid the Middle East war, including capping the price of natural gas, European Commission…
Aramco Asks Asian Buyers for Dual Red Sea-Hormuz Oil Supply Plans
Saudi Arabia’s oil giant Aramco is requesting from Asian buyers to nominate crude loading plans for April for both its key export port in the Gulf and the export alternative…
IEA Proposes Largest Ever Oil Release From Strategic Reserves, WSJ Reports
The International Energy Agency has proposed the largest release of oil reserves in its history to bring down crude prices that have soared due to the U.S.-Israel war with Iran,…
