Hormuz Crisis Forces Rethink on Alternative Marine Fuels Investment
The escalation of conflict across the Middle East and the disruption to energy flows through the Strait of Hormuz have introduced a variable into the maritime energy transition that regulatory…
Iran Suspends Petrochemical Exports to Avoid Domestic Shortages
Iran has suspended all its petrochemical exports to ensure domestic supply amid reduced local availability following Israeli strikes early this month. The Islamic Republic is halting all exports to prevent…
Fire at Domestic Refinery Worsens Australia’s Fuel Supply Crisis
Australia’s fuel crisis in the wake of the Iran war just took a turn for the worse after a fire broke out at one of the only two refineries in…
TotalEnergies Sees Q1 Profit Surge on High Prices, Strong Trading
Higher oil and gas prices and volatile energy commodity markets are set to more than offset production losses from the Middle East at French supermajor TotalEnergies, which expects significantly higher…
Equinor Signals Trading Windfall as War-Driven Volatility Lifts Results
Equinor expects its first-quarter income in the trading and marketing division to exceed its $400-million guidance amid significant volatility as a result of the war in the Middle East. …
Industry takes measures to shore up CO2 amid rising supply concerns
By 46 min ago 2 min read The lag effect of the Middle East war is now starting to bite, whether it is Asian semiconductor firms scrambling to secure helium…
LNG ramp-up drives record volumes at Corpus Christi in Texas
© Port of Corpus Christi By 29 min ago 2 min read Texas’s Port of Corpus Christi recorded record first-quarter volumes of 54.5 million tonnes in 2026, driven by a…
TSMC warns of gas cost pressures as AI demand outpaces chip supply
By 13 min ago 3 min read Artificial intelligence demand is set to outpace semiconductor supply for at least the next two years, said Taiwan Semiconductor Manufacturing Company (TSMC) in…
India Snaps Up Spot LNG Cargoes as Asian Prices Slide
India is back to buying spot LNG cargoes as benchmark Asian prices slumped to the lowest in a month amid demand destruction and hopes of a resolution of the Middle…
Iran-Linked Tankers Test Limits of U.S. Hormuz Blockade
While Iran-linked vessels appear to steer clear of the U.S. blockade outside the Strait of Hormuz, several ships have undertaken lengthy and winding routes in recent hours to move from…
