Brent Oil Price Futures Understating Physical Market Stress
Brent futures are understating physical market stress, analysts at BMI, a unit of Fitch Solutions, said in a BMI report sent to Rigzone by the Fitch Group early Friday. “Recent…
Cheniere records quarterly loss but gears up for CCL Train 6 launch
By 1 hour ago 2 min read Cheniere has reported a mixed set of results, recording $3.5bn net loss in Q1 2026 after strong Q4 exports underlined the strength of…
Canadian firm claims ‘world first’ hydrogen-powered helicopter flight
By 1 hour ago 2 min read Canadian biotechnology firm Unither Bioélectronique (UB) has claimed the “world’s first” hydrogen fuel cell-powered helicopter flight in partnership with US aircraft manufacturer Robinson…
U.S. Cracks Down on Iraq Oil Links to Iran
The United States has sanctioned Iraq’s deputy oil minister and several Iran-aligned militia leaders, stepping directly into a part of the oil trade that has been operating in the gray…
Chinese Firm Takes U.S. Banks to Court Over Pre-Sanction Payment Freeze
Chinese fuel trader HY Energy is suing U.S. banking giants JP Morgan and Citigroup for blocked payments to a Chinese oil firm a year before the latter was sanctioned by…
IEA: Tight Gas Markets Will Last Through 2030
The war in Iran and the subsequent loss of LNG supply from the Middle East are altering the medium-term outlook of global natural gas balances, with tighter markets set to…
EU: Airlines Should Pay Passengers for Cancelations due to Fuel Price Surge
Airlines will have to continue reimbursing travelers if they cancel flights due to high jet fuel prices, EU Sustainable Transport and Tourism Commissioner, Apostolos Tzitzikostas, told the Financial Times in…
Angola’s First New Refinery in 50 Years Ships Its First Fuel Cargoes
The Cabinda oil refinery in Angola, the first that was built in the country since it gained independence from Portugal 50 years ago, has started shipping fuels to the domestic…
EU Imports of Yamal Gas Hit Record Ahead of Ban on Russian LNG
The EU boosted its imports of Russian LNG from the Yamal LNG project to a record high in the first four months of 2026, just before the bloc started implementing…
Industrial gas majors eye growing role in space launch economy
The rapid expansion of commercial space launches is developing into a potentially significant growth market for industrial gas companies, with Linde indicating the sector could eventually become large enough to…
