Oil Tankers Reverse Course on Hopes of Hormuz Reopening
Two tankers that were heading to Africa have changed course and are now moving to the Middle East, Bloomberg reported today, citing ship-tracking data. One of the tankers, a Suezmax,…
US Crude Oil Inventories Down Again, Losing 52 Million Barrels in 9 Weeks
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 8.33 million barrels in the week ending June 12. Analysts had expected a 4.5…
Oil Prices Crash as Traders Bet the War Is Over
The oil market just did something remarkable. After spending months pricing in tanker attacks, shut-in production, damaged LNG facilities, and the largest supply disruption in modern oil market history, traders…
Air Liquide to support 90,000 Spanish patients with AI-enabled homecare
By 34 min ago 3 min read Industrial gas major Air Liquide has secured a four-year homecare contract in Spain’s Valencia region that will see it provide more than 90,000…
Sicily’s first green hydrogen project gets green light
By 57 min ago 2 min read Energy company Duferco Energia has received environmental approval from Sicilian authorities to build the island’s first green hydrogen facility. Supported with €10m ($11.6m)…
Quantum computing startup claims electron-on-helium breakthrough
By 10 min ago 2 min read US-based quantum computing startup EeroQ is claiming a breakthrough in electron-on-helium use in production processes. To date there have been six major approaches…
Kanata and Hanwha Ocean advance Canadian FLNG project
By 11 min ago 2 min read Canadian energy company Kanata Clean Power and Climate Technologies (Kanata) and South Korean shipbuilder Hanwha Ocean have signed a deal to advance a…
Kanata and Hanwha Ocean advance Canadian FLNG project
By 11 min ago 2 min read Canadian energy company Kanata Clean Power and Climate Technologies (Kanata) and South Korean shipbuilder Hanwha Ocean have signed a deal to advance a…
Atome’s green hydrogen fertiliser project at risk after Paraguay scraps power decree
By 41 min ago 2 min read Atome’s $665m Villeta green hydrogen fertiliser project faces uncertainty over access to project financing after Paraguay unexpectedly revoked a presidential decree underpinning the…
Research project aims to unlock underground hydrogen storage beyond salt basins
By 18 min ago 2 min read European researchers have launched a three-year R&D project to develop underground hydrogen storage technology for regions without the geology to host traditional gas…
