Kpler Sees Oil Grinding Higher as Diesel Crunch Deepens
Kpler’s Matt Smith expects oil prices to keep grinding higher, with six and a half months of Middle East supply losses now working their way through gasoline and diesel prices.…
UK Energy Bills Could Jump 25-30% From January as Gas Prices Soar
The UK household energy bills could jump by between 25% and 30% in the first quarter of 2027 amid surging natural gas prices as the Middle East crisis drags on,…
Ukraine Hits Refinery as Moscow Prepares to Extend Diesel Export Ban
Ukraine hit overnight an oil refinery near Moscow, damaging a processing plant co-owned by Rosneft and Gazprom Neft, as Russia prepares to extend its ban on diesel exports through the…
Slovak government grants €40m for steel ASU development
© Shutterstock You’ve read 1 of 1 of your free articles this month. By 30 min ago 2 min read Slovak steel producer US Steel Košice (USSK) has secured a…
Goldman Sachs Sees More Upside in Gasoline as Diesel Crunch Deepens
Diesel prices and margins will continue to grow amid tightening markets, but gasoline could offer even more upside as refiners currently prioritize diesel output, Goldman Sachs says. The investment bank…
Alberta Plans New Royalty Incentives to Spur Oil Production
Canada’s oil-producing province of Alberta plans to announce in November a new preferential royalty framework to encourage companies to invest in new oil and gas production, Alberta’s Premier Danielle Smith…
LNG Prices Could Jump Further as Hormuz Supply Crunch Persists
LNG prices have room to rise by about a third from the current very high levels amid low European gas inventories and fierce competition for spot supply between Europe and…
Europe’s Biggest Independent Solar Operator Just Went Bankrupt
The soaring wind and solar capacity installations in Germany have created an unsustainable business and project economics environment in the sector amid slower grid expansion and electricity generation curtailments. In…
Weltec Biopower to develop 60GWh biomethane plant near Madrid
By 5 min ago 2 min read German biogas developer Weltec Biopower has announced it will develop a 60GWh biomethane plant in Colmenar Viejo north of Madrid. The company is…
Helix starts drilling Ollie well amid regulatory pause on Montana helium production
By 37 min ago 2 min read Helium exploration company Helix Exploration has commenced drilling of the Ollie 1 well at its Rudyard facility in Montana, US, with drilling completion…
