VLCC Earnings Near $470,000 a Day as Hormuz Hopes Drive Tanker Frenzy
Oil tanker rates have soared since the U.S. and Iran announced the memorandum of understanding as oil importers scramble to charter vessels to pick up Persian Gulf cargoes in the…
UK Climate Panel Urges Faster Electrification to Lower Energy Bills
UK’s slower-than-expected electrification exposes households to fossil fuel price shocks, the country’s Climate Change Committee (CCC) said on Wednesday, urging faster electrification and removal of policy costs to lower the…
Adani Targets 10 GW Nuclear Power Capacity in India by 2035
Adani Group, the conglomerate of Indian billionaire Gautam Adani, could become India’s biggest private nuclear power capacity developer within a decade, targeting 10 gigawatts (GW) by 2035, as India opened…
CarbonX CO2 electrolysis prize fund winner plots scale up timelines
By 57 min ago 3 min read Clean technology and carbon-conversion company Cert Systems is targeting its first pilot by the end of this year and demo module within 18…
ITM, Gore eye 80,000-hour PEM life with ultra-thin membrane
UK electrolyser maker ITM Power and fluoropolymer firm W. L. Gore say they have demonstrated that an ultra-thin proton exchange membrane (PEM) can deliver both higher efficiency and long-term durability…
Analysis: Will Australia become a force in helium?
By 49 min ago 1 min read Australia is the world’s second-largest liquefied natural gas (LNG) exporter, shipping approximately 80 to 82 million metric tonnes annually. It operates just behind…
China’s Teapot Refineries Cut Operations to Their Lowest Level Since 2017
The independent refiners in China, the so-called teapots, have slashed their refinery run rates to the lowest level since 2017, as high feedstock prices, weak domestic fuel consumption, and restricted…
India Cuts Coal Imports as Power Plants Turn to Domestic Fuel
India is boosting the share of domestic coal used in power plants designated to run on imported fuel, as rising local coal production and expanding renewables have helped to cut…
Qatar Says LNG Exports Could Return to Normal Within Weeks
Qatar will be back to normal production of liquefied natural gas in a few weeks, the country’s prime minister, Sheikh Mohammed bin Abdulrahman al-Thani, told the Financial Times today. “Within…
Malaysian Major Makes Gas Discovery in Suriname
Malaysia’s state energy firm Petronas has made a natural gas discovery offshore Suriname, the country’s president said this week, as quoted by Reuters, expecting the Malaysian major to make the…
