Oil Prices Waver as Market Weighs Chances of U.S.-Iran Deal

Front-month Brent Crude futures dropped to below $100 per barrel again in morning trade in Europe on Thursday, reversing earlier gains, as the market hopes the U.S. and Iran could…

Oil Crunch Prompts Plastics Crisis in Asia

Asia is facing plastics shortages because of the oil and gas supply crunch caused by the war in the Middle East, with medical supplies, packaging, and consumer products most vulnerable…

Shell Beats Profit Estimates as War Brings Trading Windfall

Shell (NYSE: SHEL) on Thursday reported consensus-beating earnings for the first quarter as the war in Iran drove an oil price surge and boosted trading profits at the UK-based supermajor.…

  • Gas
  • May 7, 2026
Industry bodies urge UK government to prioritise industrial decarbonisation

By 52 min ago 4 min read The Carbon Capture and Storage Association, Hydrogen UK and Electrify Industry have joined forces to call on the UK government to present clear…

  • Gas
  • May 7, 2026
Video | Transitioning bipolar plates to mass production

gasworld Webinars Join the conversation. Hear from the people shaping the market. Stay plugged into the trends shaping the industrial gas sector. gasworld webinars bring together market leaders, analysts and…

EU Suspends Methane Rules as Energy Crunch Intensifies

The European Union has decided to suspend a regulation requiring oil and gas suppliers to report emissions along their supply chains amid an energy crunch that has sent oil and…

Australia Orders LNG Exporters to Reserve 20% of Gas for Domestic Market

Australia’s government has mandated energy companies in the country to set aside 20% of their natural gas output for the domestic market to avoid supply shortages along the east coast.…

  • Gas
  • May 7, 2026
Third European Hydrogen Bank round selects nine projects for over €1bn

Nine electrolytic hydrogen projects representing 1.1GW of capacity have been selected for over €1bn of funding under the third European Hydrogen Bank auction. The projects were awarded per kilogramme subsidies…

  • Gas
  • May 7, 2026
EU approved replacement €5bn German industrial decarbonisation scheme

By 57 min ago 2 min read The EU Commission has approved Germany’s replacement €5bn ($5.9bn) industrial decarbonisation scheme covering green hydrogen and carbon capture, utilisation and storage (CCUS) ventures.…

  • Gas
  • May 7, 2026
Top six ways to professionalise biomethane

By 13 min ago 3 min read As the biomethane sector transitions to a more industrialised model, the sources of competitive advantage are shifting. Scale, operational excellence, and integrated capabilities…