Oil Prices Inch Higher as Iran Strikes U.S. Bases in Kuwait and Bahrain
Iran on Friday claimed it launched attacks on U.S. military assets in Bahrain and Kuwait amid the latest re-escalation of hostilities in the region, which dashed the hopes from early…
Six Saudi Oil Tankers Reroute Around Africa to Dodge Houthi Threat
Half a dozen empty Saudi oil tankers have turned away in the Arabian Sea from the Red Sea chokepoint Bab el-Mandeb and headed south around Africa in the western direction,…
ADNOC Buys Five Supertankers as Hormuz Crisis Tightens Shipping
Amid tightened vessel supply due to the Middle East crisis, Abu Dhabi’s national oil company ADNOC has paid about $590 million to buy five supertankers to better manage its crude…
BP Puts Its North Sea Oil Business Up for Sale
BP on Friday launched a process to market its North Sea business as the UK-based supermajor looks to simplify its portfolio and invest in high-return projects. The formal launch of…
Industry Groups Welcome SENRC Approval of License to Drill Act
The Independent Petroleum Association of America (IPAA) and Western Energy Alliance (WEA) welcomed the Senate Energy and Natural Resources Committee’s (SENRC) approval of legislation to extend “a successful program that funds oil and natural gas permitting…
Aerospace drives over a third of Linde’s Q2 manufacturing growth
Aerospace drives over a third of Linde’s Q2 manufacturing growth | Investment & Finance | gasworld © Shutterstock By 25 min ago 1 min read Aerospace accounted for more than…
Linde confident in helium supply despite Strait of Hormuz tensions
Linde confident in helium supply despite Strait of Hormuz tensions | Helium | gasworld ©Shutterstock By 41 min ago 1 min read Industrial gas major Linde has expressed confidence in…
Linde says electronics to remain biggest growth driver as AI chip demand rises
By 45 min ago 2 min read Industrial gas major Linde expects electronics to remain the largest contributor to its project backlog for the foreseeable future, supported by continued semiconductor…
Linde says electronics to remain biggest growth driver as AI chip demand rises
By 45 min ago 2 min read Industrial gas major Linde expects electronics to remain the largest contributor to its project backlog for the foreseeable future, supported by continued semiconductor…
Meritus expands Texas footprint with Metroplex acquisition
By 9 min ago 2 min read US industrial gas platform Meritus Gas Partners (Meritus) has acquired Dallas-headquartered industrial gas and welding supply distributor Metroplex Welding Supply (Metroplex). The deal…
