Iran war threatens long-term confidence in Hormuz oil flows, IEA says
Map source: Global Energy Infrastructure (Bloomberg) – The reputation of the Strait of Hormuz as a reliable artery for global energy trade may be permanently damaged by its prolonged…
Offshore oil dispute drives Venezuela-Guyana case at International Court
(Bloomberg) – Venezuela’s acting President Delcy Rodríguez arrived at The Hague to represent her country before the International Court of Justice in a land dispute with Guyana over resource-rich territory. …
Iraq Denies U.S. Claim Deputy Minister Helped Iran’s Oil Sales
Iraq’s Oil Ministry has denied that its deputy minister was involved in opaque sales of Iraqi oil mixed with Iranian crude for Iran’s benefit, as the U.S. alleged on Thursday…
First Mexican Fuel Oil Cargo in 9 Months Arrives in Asia
The first fuel oil cargo from Mexico has just arrived in Asia, in a first such shipment in nine months, as high Asian prices draw supplies from other regions amid…
India’s Inflation Accelerates as High Energy Prices Start to Bite
Inflation in India, the world’s third-biggest crude oil importer, accelerated in April as the higher global oil and gas prices started to feed through consumer prices. The annual consumer price…
CF Industries warns LNG shortages could extend ammonia crunch into 2027
By 32 min ago 4 min read Global fertiliser producer CF Industries has warned that widespread ammonia plant shutdowns, liquefied natural gas (LNG) shortages and geopolitical disruptions could keep global…
German state could build 800MW hydrogen-ready gas plant
By 58 min ago 3 min read The German state of Bavaria could build a new 800MW hydrogen-ready combined cycle gas turbine (CCGT) power plant. A letter of intent between…
Latvia greenlights €5m biomethane grid project
By 24 min ago 2 min read The Latvian government has approved proposals by the Ministry of Climate and Energy for the construction of two new biomethane injection points at…
Global Jet Fuel Exports Hit 10-Year Seasonal Low in April
Global seaborne jet fuel exports crashed to a seasonal low in April as supplies remained trapped in the Middle East and Asian refiners slashed run rates amid lower crude availability,…
More Than 40 India-Bound Ships Remain Trapped Near Hormuz
More than 40 India-bound vessels, nearly half of which carry energy products, are still trapped in the Persian Gulf, unable to pass through the Strait of Hormuz, officials told Indian…
