Germany Seeks Israeli Jet Fuel As Hormuz Disruptions Cripple Airlines
Israel will begin supplying jet fuel to Germany after Berlin requested assistance as the Hormuz crisis starts disrupting aviation fuel flows into Europe. Israeli Foreign Minister Gideon Sa’ar informed Germany’s…
Cavendish Hydrogen raises NOK 52m from Austrian pressure equipment firm
By 58 min ago 2 min read Austrian high-pressure equipment manufacturer BHDT will take a 15% stake in Cavendish Hydrogen in an NOK 52m ($5.6m) share deal, as it eyes…
PepsiCo to buy green ammonia credits from TalusAg in book-and-claim deal
By 4 min ago 2 min read Food and beverage giant PepsiCo will claim the environmental benefits of 30,000 tonnes of low-carbon ammonia made by US start-up TalusAg. Focused on…
Overbuilding Germany’s hydrogen infrastructure risks €45bn funding gap: IEEFA
© Margarita Kosareva / Shutterstock.com By 43 min ago 2 min read Germany risks exposing taxpayers to tens of billions of euros in hydrogen infrastructure costs if demand fails to…
Tankers Stranded Once Again As Trump Calls Off ‘Project Freedom’
Cargo vessels and tanker owners, who hoped for a U.S. escort out of the Strait of Hormuz earlier this week, are back scrambling to find feasible solutions to passing the…
Lufthansa Warns Strait of Hormuz Closure Will Add $2 Billion in Fuel Costs
Lufthansa Group expects the surge in jet fuel prices to cost it an additional $2 billion this year as the closure of the Strait of Hormuz “is leading to a…
Average U.S. Gasoline Price Tops $4.50 to Near Four-Year High
The national average price of gasoline in the United States has just topped $4.50 per gallon, the highest level since the middle of July 2022, according to data from GasBuddy,…
UAE advances graphene production through Dana Gas-Levidian deal
By 18 min ago 4 min read UAE-based Dana Gas has signed a deal with UK cleantech firm Levidian to develop a graphene production site in Sharjah, as the country…
SpaceX plans $55bn Terafab chip facility in Texas
By 27 min ago 2 min read US space exploration company SpaceX plans to build a $55bn semiconductor manufacturing and advanced computing fabrication facility in Grimes County, Texas. The Terafab…
Pakistan Issues Emergency LNG Tender for Two Cargoes as Power Crisis Deepens
Pakistan on Wednesday issued a tender seeking to urgently buy two LNG cargoes for delivery later this month as the country struggles to cope with a gas and power crisis…
