Biogas upgrading market to top $4bn by 2030
The global biogas upgrading market is expected to double in value by the end of the decade as governments strengthen support for renewable gases and industries seek greater energy security.…
Russia’s Oil Export Surge Runs Into a 135 Million-Barrel Traffic Jam
Nearly 135 million barrels of Russian crude oil are currently stranded at sea as a result of Ukraine’s airstrike campaign targeting refineries with the intent to cripple crude processing. The…
Japan Trade Chief Says Hormuz Is Off-Limits as Hostilities Reignite
Commercial shipping through the Strait of Hormuz is once again off-limits in the near term as the renewed hostilities and threats to vessels led to another spike in risks of…
IMO Urges Shippers Not to Risk Strait of Hormuz Transits
Navigation through the Strait of Hormuz remains too dangerous for ship owners and operators to brave the chokepoint, the head of the United Nations’ International Maritime Organization (IMO) said on…
USA Oil, Gas Workforce Drops from May to June
The number of employees in the oil and gas extraction industry dropped from May to June, data on the U.S. Bureau of Labor Statistics (BLS) website showed. According to preliminary…
Weldship appoints new Sales Manager to Texas Trailer Corporation division
Weldship appoints new Sales Manager to Texas Trailer Corporation division | M&A & Corporate Strategy | gasworld © Shutterstock By 35 min ago 2 min read Gas containment and transportation…
U.S. Gasoline Prices Could Hit $4 Per Gallon Within Days
Following a few weeks of reprieve for drivers, the U.S. national average price of gasoline could top $4 per gallon within a week, as crude oil prices rallied by about…
U.S. Backs Iraq-Syria Oil Pipeline to Bypass the Strait of Hormuz
The United States supports plans by Iraq and Syria to rebuild a damaged oil pipeline that would carry crude from Kirkuk to Syria’s Mediterranean coast and bypass the Strait of…
China’s Refinery Runs Crash to Pandemic Lows as Crude Imports Collapse
Chinese refiners further slashed crude processing in June, with volumes crumbling to the pandemic lows of 2020 amid Strait of Hormuz supply disruptions and weakening domestic fuel demand. China’s refinery…
US Crude Oil, Gasoline Inventories Still Falling
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 564,000 barrels in the week ending July 10. In the week prior, US crude…
