OPEC+ Approves Another Oil Output Hike for July
OPEC+ this Sunday decided to add another 188,000 barrels of crude to its collective production next month despite the ongoing disruption in the Middle East resulting from the U.S. and…
Oil Prices Spike After Iran and Israel Exchange Missile Attacks
Oil prices started the week higher after Iran launched ballistic missiles at Israel on Sunday night, heightening fears that U.S.-Iran peace talks might once again fall apart. Israel has since…
SPR Borrowers Owe Uncle Sam 40 Million Extra Barrels
The US Strategic Petroleum Reserve has taken a beating during the Iran war, but Energy Secretary Chris Wright says the government’s emergency oil stash is headed for a surprisingly lucrative…
UK ETS expands to maritime from 1 July
By 5 min ago 2 min read The UK Emissions Trading Scheme (ETS) applies to cargo and passenger vessels above 5,000 gross tonnage operating domestic UK voyages from 1 July.…
Countdown to the Specialty Gas Summit 2026
Supply chains are rarely the centre of attention until something goes wrong. For the specialty gases sector, 2026 has served as a reminder that reliability of supply cannot be taken…
Clean industry plants securing finance ‘at fastest pace’
Clean industry plants are securing finance at their fastest pace as countries and companies seek to reduce exposure to volatile fossil-fuel markets and strengthen supply chains that will power future…
Israel Fires Back at Iran after Missile Attacks
Israel said it struck several military targets in Iran, retaliating against missile attacks by Tehran despite President Donald Trump’s call for Prime Minister Benjamin Netanyahu to refrain from hitting back.…
Bank of England Official Says Oil Crisis Clouds Rate Outlook
The Bank of England may know where inflation is headed, but it has a much harder time knowing where oil—and interest rates—are headed. That was the message from Bank of…
India Launches 85% Ethanol Fuel to Cut Oil Import Dependence
India is launching on Friday a new fuel blend with an 85% ethanol component as part of the fuel flex mobility program of the world’s third-largest crude importer to reduce…
Texas regulators assess $1.1 million in oil and gas penalties
(WO) — The Railroad Commission of Texas (RRC) assessed more than $1.1 million in enforcement penalties against operators and businesses during its latest open meeting, continuing the agency’s oversight of…
