Tankers Move from Fuel to Crude Trade as War Upends Flows
The war in Iran and the closed Strait of Hormuz are accelerating a major shift in the oil tanker market, in which smaller tankers carrying fuels are becoming crude carriers…
Crisis-Hit Southeast Asia Looks to Sign Petroleum Security Pact
The Association of Southeast Asian Nations (ASEAN) looks to ratify a petroleum security agreement, Philippine Trade Secretary Cristina Roque said on Thursday as Asian nations are reeling from the shock…
Russia Dismisses Price War Fears Following UAE Departure From OPEC+
Russia will remain in the OPEC+ group alongside the remaining OPEC members and doesn’t expect a price war following the abrupt exit of the United Arab Emirates, Russia’s Deputy Prime…
ENEOS acquires 10% equity stake in Petrona’s MLNG Tiga terminal
By 19 min ago 2 min read Japanese liquefied natural gas (LNG) producer ENEOS Xplora (ENEOS) will re-enter Malaysia’s LNG Tiga project with a 10% stake, alongside majority stakeholder Petroliam…
EU backs ‘one-pot’ e-methanol push to cut costs and input energy
By 42 min ago 3 min read A new EU-funded project is targeting the cost and energy intensity of e-methanol production by integrating multiple process steps into a single system.…
Air Products confirms huge scale of expanding Samsung project
By 54 min ago 2 min read Air Products has talked more about a just-announced specialty gas facility it is . The industrial gas major presented its second-quarter results on…
Air Products taps stored helium at a cost as Qatar outage hits supply
© JHVEPhoto / Shutterstock.com By 30 min ago 2 min read Air Products says it is facing continued helium headwinds as prices decline while it taps higher-cost stored supply to…
Air Products navigates eight key end markets through crisis
By 39 min ago 2 min read Air Products is focusing on eight end markets as it strives to support customers and mitigate risks through the current energy crisis. The…
EU opens €600m call for cross-border energy project proposals
By 57 min ago 2 min read The EU’s Climate, Infrastructure and Environment Executive Agency (CINEA) has launched a fresh €600m ($703m) call for proposals for listed cross-border infrastructure projects…
Air Products expects Asia helium supply to more than double amid electronics ‘super cycle’
By 6 min ago 2 min read Industrial gas major Air Products expects its helium supply to electronics customers in Asia to more than double by 2030, as new assets…
