Record LNG trade growth in 2025 driven by US supply, IGU says
By 22 min ago 2 min read The US was the largest contributor to global LNG supply growth in 2025, adding 23.4 million tonnes (Mt) to international trade volumes between…
UK network of bioLNG refuelling stations to be rolled out
By 25 min ago 3 min read A series of 12 new bio-liquefied natural gas (bioLNG) refuelling stations will be deployed across key freight routes spanning the Southeast, Midlands and…
Portugal registers first guarantees of origin for biomethane in transport
By 41 min ago 2 min read Portugal grid operator Rede Eléctrica Nacional (REN) has registered the first certification of Guarantees of Origin (GO) for biomethane intended for the transport…
Oil Climbs as Fresh Tanker Strike Highlights Risks Around Hormuz
Brent rose toward $73 a barrel, while West Texas Intermediate was above $69. A tanker traveling south reported being hit about 8 nautical miles east of Limah, Oman, causing a fire, UK…
More Than 373,000 US Customers Without Power Due to Extreme Weather
July 6 (Reuters) – More than 373,000 homes and businesses were without power as of Monday due to extreme weather conditions across several areas of the United States, according to data from…
Saudi Arabia Ships 34 Million Barrels Through Hormuz Despite Thin Tanker Traffic
Saudi Arabia has shipped roughly 34 million barrels of crude through the Strait of Hormuz since the June 17 ceasefire, according to Kpler cargo-tracking data, even though only about 27…
India’s Fuel Consumption Slips Despite Record Crude Oil Imports
Despite recovering energy flows out of the Middle East, India’s fuel consumption last month fell by 3.7% from May to a total of 19.24 million metric tons, Reuters has reported,…
Gulf Oil Exporters Slash Prices as Buyers Gain the Upper Hand
Gulf oil producers are in a race to offer discounts to entice buyers, with Saudi Arabia’s latest price cut for Asian importers the sharpest in decades but unlikely to boost…
4 Million Barrels of Saudi Crude Set to Transit Strait of Hormuz
Two very large crude carriers loaded with Saudi crude are heading for the Strait of Hormuz in the latest sign of recovering traffic via the vital oil chokepoint. The tankers…
India Resumes Iraqi Oil Imports Despite Hormuz Shipping Risks
Indian state refiners are back to buying Iraqi crude that would have to transit the Strait of Hormuz, in a sign that the world’s third-largest crude oil importer seeks to…
