Kazakhstan Accuses Big Oil of $10.7 Billion Corruption in Kashagan Oil Project
Kazakhstan has alleged in a confidential arbitration case that some of the biggest international oil firms that have developed the giant Kashagan oilfield awarded $10.7 billion worth of contracts with…
Hormuz Tanker Traffic Slumps as U.S.-Iran Standoff Drags On
Tankers moving along the Strait of Hormuz dwindled further this week, with only five crossings on Wednesday and nine crossings on Thursday, down from a monthly average of 12 crossings,…
Vance Says Cheap Oil and Gas Is Top U.S. Priority in Iran War
Low U.S. gasoline prices are the top priority of the Administration amid the war in Iran, Vice President JD Vance said, as the U.S.-Iran deadlock persists and the U.S. vowed…
Middle East Oil Tankers Are Going Dark for Longer
Not only is a growing number of tankers moving stealthily with transponders switched off at the Middle East’s two key chokepoints, but the time of the so-called dark mode movements…
Drone Strike Sparks Blaze at Key Russian Oil and Fuel Terminal
Ust-Luga, the top Russian port for exports of oil and other commodities from the Baltic Sea, caught fire early on Friday following an overnight drone attack from Ukraine. A fire…
Hormuz Crisis Pushes Asian Refiners Toward U.S. Oil
North Asian refiners have increased buying activity to secure U.S. crude oil supply as an alternative to the Middle Eastern crude that may not make it outbound from the Strait…
India’s Coal Demand Set to Hit 1.6 Billion Tons by 2030
India’s coal demand is set to jump to 1.6 billion tons in 2030, from about 1.2 billion tons now, due to higher electricity generation and industrial activity, Indian Coal Secretary…
Holcim UAE starts cement carbon capture pilot project
By 52 min ago 2 min read The UAE division of Swiss manufacturing firm Holcim and climate tech startup 44.01 have started the UAE’s first carbon capture and underground mineralisation…
Qatar Ras Laffan train five ‘goes offline’
By 8 min ago 3 min read Train 5 at Qatar’s Ras Laffan plant has gone offline, according to Energy Aspects and Kayrros LNG intelligence monitoring. Drawing on satellite thermal…
Vietnam’s Bac Ninh semiconductor investment hits $2.7bn
By 21 min ago 2 min read Vietnam’s Bac Ninh province has attracted around 33 semiconductor-related projects with a combined value of $2.74bn, according to the provincial Department of Science…
