Hormuz Tanker Traffic Stops
In a market update sent to Rigzone on Wednesday by Rystad Energy, Jorge Leon, Head of Geopolitical Analysis at Rystad, noted that tanker traffic through the Strait of Hormuz had…
Axpo injects first biomethane into Italian grid
By 29 min ago 3 min read Swiss renewable energy company Axpo has injected the first gas produced by its biomethane plant in Grottole, southern Italy, into the country’s national…
CI4C launches Europe’s first pure oxyfuel cement R&D plant
By 48 min ago 2 min read European research firm Cement Innovation for Climate (CI4C) has started operations at Europe’s first pure oxyfuel cement research and development (R&D) facility, targeting…
Africa’s Angola LNG enters 32-day maintenance shutdown
By 59 min ago 1 min read Monthly liquefied natural gas (LNG) production and cargo loadings at Africa’s $12bn Angola LNG plant will be cut by around 80% as it…
Baker Hughes wins three Sabine Pass LNG contracts
By 12 hours ago 2 min read Energy technology firm Baker Hughes has won three contracts relating to Cheniere’s Sabine Pass LNG facility in Cameron Parish, Louisiana. The awards, booked…
Baker Hughes wins three Sabine Pass LNG contracts
By just now 2 min read Energy technology firm Baker Hughes has won three contracts relating to Cheniere’s Sabine Pass LNG facility in Cameron Parish, Louisiana. The awards, booked in…
Oil Price Surge Shows Markets Were Too Relaxed About Iran Deal
Wednesday’s jump in oil prices to a two-week high suggests that market participants were too complacent about the U.S.-Iran ‘deal to make a deal’ and that the ceasefire would hold…
Goldman Sachs Sounds Alarm Over Fresh Threat to Global Oil Supplies
A week after it warned that an oil glut is coming, Goldman Sachs has done a U-turn, warning that the renewed hostilities in the Persian Gulf threaten an extended supply…
Hormuz Tanker Traffic Grinds to a Halt After U.S.-Iran Escalation
What was a flood of oil and gas leaving the Strait of Hormuz two weeks ago has now ground to a halt as the United States and Iran began firing…
U.S. LNG Exporter Reaps Windfall as Middle East Turmoil Drives Fees Higher
Venture Global has reported a 69% increase in its liquefaction fees over the second quarter of the year, to $6.45 per million British thermal units, up from $3.82 per mmBtu…
