Weldship appoints new Sales Manager to Texas Trailer Corporation division
Weldship appoints new Sales Manager to Texas Trailer Corporation division | M&A & Corporate Strategy | gasworld © Shutterstock By 35 min ago 2 min read Gas containment and transportation…
New York Imposes First Ever Moratorium On U.S. Data Centers
New York Governor Kathy Hochul has signed the country’s first-ever executive order imposing a statewide moratorium on new large-scale data centers for up to one year. The order freezes the…
Dangote’s Dollar Shift Reveals Nigeria’s Bigger Oil Problem
Africa’s biggest refinery has started pricing fuel in U.S. dollars because Nigeria can’t supply enough Nigerian crude to keep it running. Dangote Petroleum Refinery, which can process 700,000 barrels of…
US Crude Oil, Gasoline Inventories Still Falling
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 564,000 barrels in the week ending July 10. In the week prior, US crude…
China’s Refinery Runs Crash to Pandemic Lows as Crude Imports Collapse
Chinese refiners further slashed crude processing in June, with volumes crumbling to the pandemic lows of 2020 amid Strait of Hormuz supply disruptions and weakening domestic fuel demand. China’s refinery…
U.S. Backs Iraq-Syria Oil Pipeline to Bypass the Strait of Hormuz
The United States supports plans by Iraq and Syria to rebuild a damaged oil pipeline that would carry crude from Kirkuk to Syria’s Mediterranean coast and bypass the Strait of…
U.S. Gasoline Prices Could Hit $4 Per Gallon Within Days
Following a few weeks of reprieve for drivers, the U.S. national average price of gasoline could top $4 per gallon within a week, as crude oil prices rallied by about…
Brent Futures Flip to Backwardation as Middle East Supply Risks Return
The Brent Crude futures curve flipped into backwardation this week, signaling expectations of tight prompt supply for the first time in a month, as the market started pricing in the…
Ukraine Intensifies Attacks on Russian Tankers in the Black Sea
After striking 116 vessels linked to Russia’s shadow fleet in the Sea of Azov in recent weeks, Ukraine’s military is turning its sights on ships in the Black Sea, hitting…
Entergy and MHI Group explore carbon capture opportunities
By 1 hour ago 2 min read Louisiana-based integrated energy firm Entergy and Mitsubishi Heavy Industries (MHI) Group companies, including Mitsubishi Heavy Industries America (MHIA) and Mitsubishi Power Americas, are…
