China Is Learning to Use Less Oil—and That’s a Bigger Deal Than It Sounds
Three months into the biggest oil supply disruption in modern history, China appears to have discovered something that should make oil bulls at least a little uncomfortable. It can get…
India Flags Second Tanker Incident Off Oman Within 24 Hours
India reported on Thursday a new incident with a tanker off the coast of Oman amid escalating U.S.-Iran tensions in the area, following the death of three Indian seafarers in…
UK Clean Tech Firms Plan Europe’s Biggest Direct Air Capture Project
UK clean energy technology firms have set up a joint venture to build and operate Europe’s biggest direct air capture project. Carbon capture technology developers Airhive and Mission Zero Technologies…
Sanctioned Private Chinese Refiner Seeks Non-Iranian Crude
Hengli Petrochemical, the privately-owned Chinese refiner that was sanctioned by the U.S. in April over allegedly buying Iranian oil, is looking to buy crude from other Middle Eastern producers and…
Another Gulf Producer Joins Dark-Mode Tanker Traffic Through Hormuz
Kuwait appears to have joined a growing bunch of Middle Eastern oil and gas producers that have moved to ship energy cargoes in dark mode through the Strait of Hormuz.…
India Secures Crude Supply Through August with Higher UAE Imports
Indian refiners have secured crude supply at least through August as they boost purchases from the United Arab Emirates (UAE), Africa, and Brazil, trade sources told Reuters on Thursday. India’s…
Oil Could Hit $150 If U.S.-Iran Ceasefire Collapses
Oil prices could hit $150 per barrel if hostilities between the United States and Iran escalate further from the current, most testing period in the ceasefire, according to intelligence firm…
Lighthouse Green Fuels completes FEED at Teesside SAF facility
©Lighthouse Green Fuels By 52 min ago 2 min read Lighthouse Green Fuels (LGF) has completed front-end engineering design (FEED) for its Sustainable Aviation Fuel (SAF) facility in Teesside, UK,…
EU to build closer hydrogen links with Korea
©European Commission By 41 min ago 2 min read The EU is keen to expand its clean energy production cooperation with Korea. European Commission President Ursula von der Leyen said,…
Japan Taps Reserves and New Suppliers to Beat the Oil Blockade
Despite the Hormuz crisis, Japan has secured the same volumes of oil imports for July as it did a year ago, as it is boosting imports from producers not dependent…
