MCi Carbon starts CO2-to-minerals production in Australia
By 24 min ago 2 min read Australian clean technology firm Mineral Carbonation International (MCi) has started compound production at its 10,000 tonnes per annum demonstration carbon capture and utilisation…
Infortar completes biomethane plant in Estonia
By 45 min ago 1 min read An occupancy permit has been issued for the Halinga biomethane plant in Estonia, owned by Halinga and part of the Infortar group. The…
Phelan Green selects Johnson Matthey tech for South Africa e-SAF project
By 50 min ago 2 min read South African renewable energy firm Phelan Green Hydrogen has licensed technology from British sustainable technology company Johnson Matthey for its planned 140,000 tonnes…
Iran to Get Major Economic Relief under US Deal
Iran would be allowed to start oil exports immediately under an interim deal with the US and gain access to a $300 billion economic development program following negotiations for a…
Oil Prices Crash as Traders Bet the War Is Over
The oil market just did something remarkable. After spending months pricing in tanker attacks, shut-in production, damaged LNG facilities, and the largest supply disruption in modern oil market history, traders…
US Crude Oil Inventories Down Again, Losing 52 Million Barrels in 9 Weeks
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 8.33 million barrels in the week ending June 12. Analysts had expected a 4.5…
Oil Tankers Reverse Course on Hopes of Hormuz Reopening
Two tankers that were heading to Africa have changed course and are now moving to the Middle East, Bloomberg reported today, citing ship-tracking data. One of the tankers, a Suezmax,…
China Bets on Ultra-Deep Shale Gas to Boost Energy Security
China’s state-owned oil and gas major and top refiner Sinopec is ramping up exploration in the shale formations of the Sichuan basin with a view to increasing the country’s shale…
China’s Gasoline Car Market Is Crashing as Fuel Prices Surge
Gasoline car demand in China is slumping on higher fuel prices resulting from the crisis in the Middle East, with gas guzzlers such as Range Rover, fetching discounts of up…
Qatar Prepares LNG Comeback Ahead of Hormuz Reopening
Qatar has started to return LNG tankers back to the Middle East in anticipation of an imminent reopening of the Strait of Hormuz that would allow the world’s second-biggest LNG…
