BP quarterly profits more than double on back of conflict
© BP / The Castellón refinery will produce green hydrogen from May By 55 min ago 2 min read BP recorded profits of $3.2bn in Q1, more than doubling the…
Chinese battery swapping firm taps hydrogen OEM for power and mobility plans
By 59 min ago 2 min read Chinese battery swapping company U Power is eyeing an expansion into hydrogen power systems and mobility applications in Southeast Asia. with plans to…
Two Russian Diesel Cargoes Bound for Brazil Pivot East Toward Egypt
At least two tankers carrying Russian diesel to Brazil have made unusual U-turns in the Atlantic and are now traveling east toward the Suez Canal as sellers are likely chasing…
Japan’s Top Utility JERA Has Secured LNG Supply Through July
Japan’s biggest LNG importer and largest power producer, JERA, has secured its LNG supply through July and will adjust its procurement strategy to be more flexible amid the Middle East…
BP Shares Up 20% Since Iran War, Leading All Supermajors
The Iran war and the loss of oil and gas supply from the Middle East have upended the stock performance of the biggest international majors. BP, the laggard of the…
LNG Carrier Deliveries Set to Hit 100 This Year, Up 27% From 2025
Shipyards are expected to deliver up to 100 new LNG carriers this year, up from 79 last year, as new projects in the U.S. and demand for new and more…
Hormuz Disruptions Drive Crude Higher as U.S.-Iran Diplomacy Stalls
Oil prices surged over 2% Monday before falling back as stalled U.S.-Iran diplomacy and continuing disruptions in the Strait of Hormuz drove a fresh risk premium into crude markets, with…
China’s Cleantech Machine Hits Top Gear as Oil Markets Crumble
Chinese exports of clean technology, including solar panels, electric vehicles, and batteries, surged to a record-high in March as the war in the Middle East resulted in a major oil…
Heatwave Boosts India’s Power Demand to Record High
As expected, India’s power demand hit a new record high as early summer heat waves pushed electricity consumption for cooling past previous highs. In two consecutive days this weekend, India…
UK paper mill installs biogenic carbon capture pilot
By 30 min ago 3 min read A paper mill in Wales, UK, operated by the German-based WEPA Group has been fitted with a carbon capture system, which will capture…
