Helix completes fifth helium well amid pause on Montana production
By 3 hours ago 2 min read Helium exploration company Helix Exploration has completed drilling of its fifth well at its Rudyard facility in Montana, US, which will be subject…
Air Liquide sees structural healthcare trends boosting gas demand
By 28 min ago 2 min read Urbanisation and ageing populations will drive gas demand in the global healthcare industry, according to French industrial gas major Air Liquide. Under its…
Brent Back Above $100 as Houthis Hit Saudi Infrastructure
Crude oil prices, which dipped on Tuesday, reversed their direction, with Brent ticking above $100 again earlier today following reports of fresh Houthi attacks on Saudi energy infrastructure. At the…
US Crude Inventories Slide
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 2.09 million barrels in the week ending Oct 2. In the week prior, US…
New Fortress Energy’s Altamira LNG unit offline after turbine fault
© New Fortress Energy You’ve read 1 of 1 of your free articles this month. By 55 min ago 2 min read New Fortress Energy’s (NFE) 1.4 million tonne per…
Iraq Builds 2027 Budget on $58 Oil—and a Very Large Deficit
Iraq is building its 2027 budget around $58 oil, a far cry below what the country actually needs to balance its books. The draft budget assumes crude exports of roughly…
Saudi East-West Pipeline Moves 5.8 Million Barrels as Red Sea Route Recovers
Saudi Arabia’s East-West pipeline had moved 5.8 million barrels of crude as of Tuesday morning, Energy Minister Prince Abdulaziz bin Salman said, adding more oil to the kingdom’s Red Sea…
Low Wind Generation Prompts Another Power Margin Warning in UK
For the second time in two weeks, the UK’s National Energy System Operator on Tuesday warned that Britain faces a reduced system margin, with a system margin shortfall of about…
Gulf Producers Say Importers Should Share the Cost of Hormuz Workarounds
The top executives of some of the biggest Gulf oil-producing companies called for external investments into new routes to bypass the Strait of Hormuz and create and expand crude and…
EU Delays Methane Rules, Opens Refinery Talks as Fuel Prices Hit Records
The European Union will give energy exporters an extra year to prepare for the EU’s methane regulation as the bloc looks to avoid adding costs to energy supply in the…
