Rystad: U.S.-Iran Re-Escalation Could Drive Oil To $180 By August
An acute re-escalation in the U.S.-Iran conflict and a prolonged blockage of the Strait of Hormuz could drive global crude oil prices to $180 per barrel by August, Jorge León,…
LNG Deliveries to China Rebound in May
China’s liquefied natural gas imports rebounded in May as the world’s largest buyer stepped up purchases ahead of peak summer demand, reversing a months-long decline following disruptions to Middle East…
Pakistan Inflation Accelerates to 11.7% on Oil and Gas Import Shock
The surge in international oil and gas prices amid the Iran war hiked Pakistan’s inflation to the highest level in two years as energy import costs ballooned. Pakistan’s general inflation…
Norway Strike Could Hit 600 Offshore Workers as Wage Talks Collapse
A potential strike over wages could threaten smooth operations offshore Norway, Western Europe’s top oil and gas producer, at a time when the world is scrambling for oil and gas…
Oil Surges Over 7% as Iran Halts U.S. Talks and Threatens Total Hormuz Closure
UPDATED 10:20 EST, MONDAY JUNE 1ST: Oil prices exploded higher Monday, with U.S. crude leaping more than 7% after Iran’s state-affiliated media reported that Tehran is cutting off diplomatic channels…
Russia Bans Jet Fuel Exports as Ukrainian Attacks Cripple Refining
Russia is banning exports of jet fuel through November 30, 2026, as it looks to ensure domestic supply amid intensifying Ukrainian drone attacks on the Russian refining infrastructure. Russia on…
BP Sells 5% Stake in Australia’s Newest $35 Billion LNG Project
BP will sell 5% in the $35-billion Browse LNG project in Australia, which Australian energy giant Woodside is looking to progress, the UK-based supermajor told Reuters on Monday. BP is…
Air Liquide launches Kazakhstan business to support Central Asia expansion
By 45 min ago 2 min read French industrial gas major Air Liquide, through its Russia-based operations, has launched Air Liquide Kazakhstan to expand its presence across industrial gas, engineering,…
Cleaner F-gas options gain ground, but chips still depend on them
By 38 min ago 5 min read Less harmful alternatives to hydrofluorinatedcarbons (HFCs) are likely to replace conventional fluorinated gases (F-gases) across many industries, but they are expected to remain…
H2 Mobility cuts green hydrogen prices 10% at five sites after quota credit sales
By 46 min ago 2 min read Germany’s largest hydrogen refuelling station operator H2 Mobility will cut fuel prices by 10% across five stations, after federal mandates and certificate trading…
