Norway Averts Offshore Strike as Workers and Industry Reach Deal
Norway has narrowly avoided a strike at offshore oil platforms after trade unions and oil companies reached an agreement on wages in the early hours on Friday. The potential strike…
Indian Companies Eye Venezuelan Oil Fields as Imports Surge 51% in a Month
Indian energy companies are interested in expanding into Venezuelan oil, New Delhi’s top energy official Hardeep Singh Puri said today at a meeting with Venezuela’s interim president Delcy Rodriguez in…
European bank lends €26m to Next Biogas to boost Latvia biomethane
By 40 min ago 2 min read The European Bank for Reconstruction and Development (EBRD) is boosting Latvia’s biomethane production capacity and use of renewable fuels with a €26m loan to…
Indian port joins H2Global to explore green hydrogen fuel exports to Europe
By 36 min ago 2 min read V.O. Chidambaranar Port in southern India could advance green hydrogen and derivative trade with Europe through a new partnership with Germany’s H2Global foundation.…
Shaktishree brings new ASU online in India
By 12 min ago 1 min read Shaktishree Air Private Limited (SAPL), a subsidiary of Indian industrial gas manufacturer Shakti Group, has commissioned a 178 tonnes per day (tpd) cryogenic…
Japan Plans to Replace Up to 14 Nuclear Reactors by 2050
Japan’s government is making long-term plans for replacing up to a dozen nuclear reactors by 2050, to secure its electricity supply, with two to five of these to be rebuilt…
Oman Oil Terminal Attack Rattles the Market’s Last Calm Corner
Media reports about a blast disrupting oil loadings at Oman’s main terminal pushed benchmark prices higher earlier today, in the latest sign that any hopes about an end to Persian…
Iran’s Oil Exports Collapse to Six-Year Low as Blockade Tightens
Iran’s oil exports fell to their lowest level in at least six years in May as the U.S. naval blockade continued to choke off crude shipments and leave tens of…
Why Is Oil Still Under $100?
Why are oil prices still under $100 per barrel? That’s the question Macquarie Group economists, including Ric Deverell, Chief Economist and Head of Macro Strategy at Macquarie Group, asked in a…
LNG prices to remain elevated ‘for 18 months’
By 14 min ago 2 min read LNG prices will remain elevated for the next 18 months come what may in the Middle East crisis. That was one of the…
