Higher Oil Prices Lift Sinopec Profit 28% in First Quarter
China’s top refiner posted a strong first quarter as higher crude prices lifted inventory values and stable domestic fuel sales helped to offset pressure from disrupted Middle East supply. China…
Trump Readies for Prolonged US Blockade of Hormuz
President Donald Trump told his aides to prepare for an extended US Naval blockade of the Strait of Hormuz, the Wall Street Journal reported, as the US looks to intensify…
EU Urges Southeast Asia to Diversify Oil Supply without Leaning on Russia
The European Union would prefer Southeast Asian countries to diversify their oil supply by buying oil from producers other than Russia, the EU’s foreign policy chief Kaja Kallas said on…
Asia’s LNG Imports Hit 7-Year March Low as War Chokes Qatari Supply
Asia’s LNG imports slumped in March to the lowest level in seven years for the month as the closed Strait of Hormuz trapped the supply and Qatar declared force majeure…
After Record $19.50 Premium, Saudi Arabia Eyes Sharp Cut to June Asia Prices
The world’s top crude exporter, Saudi Arabia, is expected to slash its official selling prices (OSPs) for crude loading for Asia in June from the record-highs for May as the…
Oil Prices Dip as Trump Claims Iran is in “State of Collapse”
President Donald Trump posted on Truth Social Tuesday that Iran had “informed” his administration it was in a “state of collapse” and urgently wanted the Strait of Hormuz reopened. “Iran…
USA Oil, Gas Workforce Shrinks in 7 of Last 10 Years
The number of employees in the oil and gas extraction industry has dropped in seven of the last 10 years, with the latest of those decreases occurring in 2026, data…
Kawasaki awards hydrogen pump contract for Japan LH2 terminal
By 21 min ago 2 min read Turbomachinery manufacturer Ebara Elliott Energy (EEE) will supply liquid hydrogen booster pumps and cryogenic gas blowers for Kawasaki Heavy Industries’ (KHI) hydrogen supply…
DNV selected to approve UK CO2 transport network project
By 17 hours ago 3 min read A carbon dioxide (CO2) transport and storage project that underpins the UK’s East Coast Cluster carbon capture initiative will first need to be…
DNV selected to approve UK CO2 transport network project
By 57 min ago 3 min read A carbon dioxide (CO2) transport and storage project that underpins the UK’s East Coast Cluster carbon capture initiative will first need to be…
