Dubai and Murban Crude Signal End of Middle East Supply Crunch

The benchmark crude grades of the Middle East have slumped this week as the U.S.-Iran deal raises hopes that supply from the top oil-exporting region would begin to recover soon.…

Qatar Eyes Quick LNG Restart Once Hormuz Reopens

Qatar prepares to quickly restart and restore liquefied natural gas output within weeks after the eventual reopening of the Strait of Hormuz, Bloomberg reported on Tuesday, citing anonymous sources with…

India’s ONGC Considers Resuming Venezuela Oil Operations

ONGC Videsh Ltd (OVL), the overseas unit of India’s state-owned Oil and Natural Gas Corporation (ONGC), considers reviving operations at its two onshore oil assets in Venezuela as the world’s…

World’s Largest Tanker Operator Cautions Against Hormuz Rush

The U.S.-Iran deal has raised hopes that the oil supply disruption in the Middle East could be nearing its end, but the biggest international tanker operators aren’t rushing to return…

Banks Slash Oil Price Forecasts After U.S.-Iran Breakthrough

Morgan Stanley and Goldman Sachs cut their forecast for oil prices towards the end of the year and 2027 following developments in the peace negotiations between the United States and…

ConocoPhillips Set to Become First U.S. Major to Sign Post-War Syria Gas Deal

ConocoPhillips is set to sign a deal with Syria’s state gas company this week for the development of local fields, the Financial Times reported, citing unnamed sources as saying the…

Europe Wary of Sending Hormuz Aid as Questions Linger

European officials are wary of committing naval ships that could be placed in danger because US President Donald Trump wants to open up the Strait of Hormuz as quickly as…

  • Gas
  • June 16, 2026
TSMC and Amkor lock in Arizona chip packaging deal

By 8 min ago 2 min read Leading Taiwanese foundry TSMC and packaging firm Amkor Technology have signed a 10-year advanced semiconductor deal in Arizona. The agreement, which closes a domestic…

  • Gas
  • June 16, 2026
DwyerOmega acquires Ohio-based Lake Shore Cryotronics

By 17 min ago 1 min read Indiana-headquartered sensing, instrumentation, and process control solutions company DwyerOmega has acquired Ohio-based precision cryogenic temperature specialist Lake Shore Cryotronics (Lake Shore). The acquisition…

  • Gas
  • June 16, 2026
Video | Semiconductors in Europe: growth, gaps and the road to 2030

gasworld Events 2026 Where the industry meets… Join the global industrial gas community at gasworld’s 2026 events, where markets, technology, and ideas converge. Each event connects you with the people…