Kuwait energy infrastructure targeted by Iran
By 12 min ago 2 min read Iran has stepped up attacks across the Middle East and targeted Kuwait’s energy infrastructure. An attack on a power and water desalination plant…
Rystad Outlines 4 Potential USA-Iran Scenarios
In a market update sent to Rigzone late Thursday, Rystad Energy revealed that it has revised its U.S.-Iran scenario framework “following a renewed deterioration in security conditions around the Strait…
Return of Qatar and UAE LNG volumes ‘delayed to October’
By 25 min ago 3 min read The Independent Commodity and Intelligence Service (ICIS) has delayed its forecasts on the return of Qatar and UAE liquefied natural gas to market…
US LNG export capacity set to double by 2031, S&P Global Energy study finds
By 56 min ago 3 min read US liquefied natural gas (LNG) export capacity is projected to double over the next five years, making LNG the country’s second-largest net export…
TSMC pledges $100bn to expand Arizona chip facility as profits surge
By 12 min ago 3 min read Global semiconductor manufacturing giant TSMC will spend an additional $100bn to expand its manufacturing capacity in the US, adding to $165bn already pledged…
IEA maps global biogas potential
By 40 min ago 3 min read International Energy Agency (IEA) modelling finds that nearly 900 billion cubic metres of biogases could be produced sustainably each year – enough to…
Iran Instructs Houthis to Prepare Red Sea Shipping Attacks
Iran has instructed Yemen’s Houthi movement to stand ready to close the Bab el-Mandeb strait, the vital gateway to the Red Sea, if the United States follows through on threats…
China’s Critical Minerals Grip Puts $6.5 Trillion of Global Industry at Risk
The global critical minerals market remains highly concentrated, and new threats to supply security have emerged in recent months as China has curbed exports of some rare earth elements, the…
Asian LNG Spot Prices Jump 10% as Hormuz Crisis Reignites Supply Fears
Spot prices of liquefied natural gas in Asia have surged by 10% in the past week to the highest level since March, as the re-escalation in the Middle East and…
U.S. Strikes Iran Again as Brent Slips Despite Escalating Conflict
The oil market is treating another US-Iran escalation as background noise. The U.S. launched another wave of strikes against Iran on Wednesday, expanding attacks on military targets along the country’s…
