Distillate Stocks Sink Further as U.S. Crude Inventories Barely Budge
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 328,000 barrels in the week ending August 14. In the week prior, US crude…
Aramco Puts VLCCs Back Into Hormuz After Three-Week Pause
Saudi Arabia spent weeks finding ways around the Strait of Hormuz. Now it is starting to send tankers straight back through it. Saudi Aramco resumed crude loadings from its Ras…
Jeff Currie: Forget $91 Brent, The Real Crisis Is $170 Diesel
Brent at $90.94 looks almost civilized. Jeff Currie thinks that is exactly the problem: everyone is staring at crude while the real energy shock is already showing up in the…
Finland inaugurates first bioLNG plant
By 48 min ago 3 min read Suomen Lantakaasu – a joint venture between biomethane firm St1 Biokraft and food company Valio – has inaugurated Finland’s first industrial-scale liquefied biogas…
Vision 2030: If you’re not at the table, you’re on the menu
By 58 min ago 8 min read There is an old saying in public policy: If you are not at the table, you are on the menu. For the compressed…
China’s Solar Exports Fell 21.4% in July
Chinese exports of solar cells and panels dropped in July as the removal of the local export tax rebate as of April 1 continued to depress exports for the third…
Romania Restarts Coal Plant as Danube Drought Forces Nuclear Shutdown
Romania has this week restarted a 300-megawatt coal-fired power plant to partially offset the generation lost by the closure of nuclear electricity output after the low water level on the…
Gulf-to-China Supertanker Rates Hit $510,000 a Day
The daily rate for chartering a supertanker to pick up crude oil from within the Persian Gulf and deliver it to China has surged this week to the highest level…
UK researchers make MOF for capturing heavy metals from wastewater
By 30 min ago 2 min read University of Birmingham scientists who used green chemistry to make a next-generation Metal Organic Framework (MOF) for capturing heavy metals from wastewater have…
US semiconductor investment tops $820bn since 2020
By 31 min ago 2 min read The Semiconductor Industry Association (SIA) said the advanced manufacturing investment credit (AMIC) and manufacturing grant incentives have supported investment in the US semiconductor…
