LNG ships halted at strait deadline nears
The first two liquefied natural gas vessels from Qatar that had been cleared to pass the Strait of Hormuz since the conflict began have not sailed through. Iran had permitted…
U.S. Oil Premiums Hit Record High as World Scrambles for Crude
The premiums for U.S. West Texas Intermediate crude have soared in the spot market to a record high of between $30 and $40 per barrel above key regional benchmarks as…
Qatar’s LNG Exports Still Frozen as Two Tankers U-Turn at Hormuz
Two Qatari vessels carrying liquefied natural gas (LNG) have been forced to abandon an attempt to exit the Strait of Hormuz in what would have been the first export of…
India Back to Buying Venezuelan Crude
India is set to import the most oil from Venezuela in almost six years, helping the world’s third-largest crude importer replace Middle East grades disrupted by the Iran war. More…
Carbon Capture Edges Forward Despite Cost Challenge
By Pockets of carbon capture projects are emerging in U.S. and Europe as developers capitalize on surging power demand and public funding initiatives but costs remain too high for the…
Investors Press Amazon, Microsoft and Google on Water, Power Use in US Data Centers
By , and Water, power usage, pollution, land driving protests Trillium Asset Management seeks detail on Alphabet’s climate strategy Investors flag water risk as emerging threat LONDON, April 6 (Reuters)…
US Crude Exports Test Limits as Shipping Constraints Mount
By The war in Iran has sent demand for US oil from overseas toward record levels, bolstering President Donald Trump’s push for “American energy dominance.” But as shipments surge, exports…
Phillips 66 Faces $900 Million Loss as Iran Crisis Lifts Oil Prices
Energy prices soared after the U.S.-Israeli war on Iran began in late February. Iran’s effective closure of the Strait of Hormuz, a chokepoint for roughly a fifth of global oil…
Energy Shock Prompts Analysts to Cut India’s GDP Growth Forecasts
India’s economy will grow by lower rates over the next year than initially expected as the energy supply shock from the Middle East is hitting supply and manufacturing and raising…
Trump Says Tuesday Deadline to Make a Deal With Iran is Final
(Reuters) – U.S. President Donald Trump said on Monday the Tuesday deadline he has set for Iran to make a deal is final, adding that Iran’s proposal was significant but…
