Oil Extends Losses on Expectations of Smoother Crude Flows via Hormuz
Drone view of oil tanker HELGA berthed at one of Iraq’s southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive…
US CFOs in Survey Say Firms Mostly Absorbed Oil Price Shock
Summary CFOs cut expected US economic growth to 1.8% from 2.1% in quarterly Fed poll Firm-level optimism rose while hiring plans remained steady, the survey showed Firms saw little hit…
Global Physical Crude Markets Mired in Discounts as Middle East Ramps Up Supply
(Reuters) – Physical crude oil cargoes are selling at discounts across the globe, changing trade flows as markets come under pressure from fast-rising Middle Eastern supply with Iran set to…
CarbonX CO2 electrolysis prize fund winner plots scale up timelines
By 57 min ago 3 min read Clean technology and carbon-conversion company Cert Systems is targeting its first pilot by the end of this year and demo module within 18…
ITM, Gore eye 80,000-hour PEM life with ultra-thin membrane
UK electrolyser maker ITM Power and fluoropolymer firm W. L. Gore say they have demonstrated that an ultra-thin proton exchange membrane (PEM) can deliver both higher efficiency and long-term durability…
Analysis: Will Australia become a force in helium?
By 49 min ago 1 min read Australia is the world’s second-largest liquefied natural gas (LNG) exporter, shipping approximately 80 to 82 million metric tonnes annually. It operates just behind…
US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 765,000 barrels in the week ending June 19. In the week prior, US crude…
Trump Orders Gas Price Gouging Probe
President Trump has ordered an investigation into possible price gouging at fuel stations, an investigation he announced in a social media post. “The big Oil Companies are not dropping their…
Malaysian Major Makes Gas Discovery in Suriname
Malaysia’s state energy firm Petronas has made a natural gas discovery offshore Suriname, the country’s president said this week, as quoted by Reuters, expecting the Malaysian major to make the…
Qatar Says LNG Exports Could Return to Normal Within Weeks
Qatar will be back to normal production of liquefied natural gas in a few weeks, the country’s prime minister, Sheikh Mohammed bin Abdulrahman al-Thani, told the Financial Times today. “Within…
