Oil Stuck Between Middle East Escalation and Russia-Ukraine Energy Truce
Oil prices traded slightly lower in the early morning in Europe on Monday as U.S. President Trump’s announcement of an “energy ceasefire” between Russia and Ukraine offset this weekend’s escalation…
BMI Predicts Brent Crude Will Remain Above $100 for Months
Crude oil prices will remain quite high in the coming months, with Brent staying above $100 per barrel, as the U.S. and Iran remain distant on a potential agreement, Cedric…
Why medical oxygen plants must be built to last
Why medical oxygen plants must be built to last | Healthcare & Medical | gasworld ©Shutterstock By 58 min ago 1 min read On-site oxygen plants can help hospitals overcome…
USA Oil, Gas Workforce Hits Post Pandemic September Low
The number of employees in the oil and gas extraction industry hit a post pandemic September low, data on the U.S. Bureau of Labor Statistics (BLS) website showed. According to…
India’s Battery Storage Capacity Set to Surge Nearly 50 Fold by 2032
India’s annual battery storage installations are set to nearly double every year by the 2032 fiscal year, as the renewable energy boom drives increased investment in battery energy storage systems…
Japan Urges Asia to Build Up Oil Reserves as Middle East Risks Mount
Oil producers and consumers need to strengthen their cooperation, and Asian countries specifically need to boost oil stockpiles and infrastructure, Japan’s trade minister has said. Speaking at the virtual International…
Supertanker Rates Slip From Record Highs
Supertanker rates have retreated slightly after touching an all-time high earlier this month, with the price of chartering a very large crude carrier for a trip from the Gulf Coast…
Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off the coast of Oman, Argus has reported, citing ship-tracking data and…
South Korean researchers claim more efficient method for making MOFs
By 59 min ago 3 min read Researchers in South Korea have developed a method for producing metal-organic frameworks (MOFs) at room temperature, potentially reducing the energy requirements associated with…
Energy Market Mistaking Adaptation for Normalization
The energy market continues to mistake adaptation for normalization. That’s what Standard Chartered Bank Energy Research Head Emily Ashford said in a report sent to Rigzone recently, which outlined that…
