Libya Declares Major Oil Discovery Commercial as Production Revival Gains Pace
Libya’s National Oil Corporation, NOC, and Austrian energy firm OMV have declared the Essar oil discovery commercially viable as OPEC’s second-largest African producer pushes to revive its industry in partnerships…
Iran-Linked LPG Tankers Turn Back as U.S. Blockade Tightens
Iran-linked carriers of liquefied petroleum gas (LPG) have made U-turns and traveled in zig-zagging patterns in recent hours as they face the U.S. naval blockade in the Gulf of Oman,…
Pakistan Plans Fresh LNG Purchases Amid Strait of Hormuz Shutdown
Pakistan is looking to buy additional spot LNG cargoes for July and August delivery as the fresh halt to Strait of Hormuz traffic has disrupted shipments from its term supplier,…
Oil Prices Set for Biggest Weekly Surge Since April as Iran War Escalates
Oil prices were headed early on Friday for a 12% weekly gain, the biggest jump in one week since April, as the re-escalation in the Middle East and the abrupt…
Chevron Moves Closer to Iraq’s Biggest Oil Prize—and a Hormuz Exit Strategy
Chevron is taking another step toward expanding its footprint in Iraq, and is set to sign two memoranda of understanding on Friday that will move the U.S. supermajor closer to…
EU Sets Target To Double Electrification Rate, Cut Oil & Gas Use
The European Union has unveiled the Electrification Action Plan, aiming for electricity to account for 46% of total energy consumption within the bloc by 2040, effectively doubling the current rate.…
Are semiconductor manufacturers asking more from specialty gas producers?
By 26 min ago 2 min read Specialty gas suppliers are now shifting from a supporting utility to an essential part of the semiconductor value chain as manufacturers seek greater…
Are semiconductor manufacturers asking more from specialty gas producers?
By 2 days ago 2 min read Specialty gas suppliers are now shifting from a supporting utility to an essential part of the semiconductor value chain as manufacturers seek greater…
AI reshapes spec gas market with twin demand and sustainability challenge
By 30 min ago 5 min read AI is driving a surge in semiconductor manufacturing, but the same growth is increasing specialty gas consumption and making decarbonisation much more challenging.…
SMG secures £6m to develop UK semiconductor manufacturing
By 57 min ago 2 min read UK MEMS semiconductor technology specialist Silicon Microgravity (SMG) has secured £6m ($8m) in funding to expand its UK semiconductor manufacturing capacity and accelerate…
