Iran Showing Signs of Capitulating Over Strait Of Hormuz
Iran may halt its own oil shipments through the Strait of Hormuz for several days. Tehran is weighing a short-term pause to avoid testing the U.S. naval blockade just days…
Philippines Asks Washington to Extend Russian Oil Waiver
The Philippines, one of Southeast Asia’s biggest economy which is grappling with an energy crisis due to the Middle East supply shock, has asked the United States to extend the…
Nomura: Full U.S. Blockade Could Cut Off Another 2.3 Million Bpd Oil Supply
Oil supply from the Middle East could drop by another 2.3 million barrels per day (bpd) if the U.S. were to completely block the Strait of Hormuz, according to bank…
ANZ Raises Brent Forecast to $90 as Hormuz Blockade Removes 10 Million Bpd
Brent crude prices will remain above $90 per barrel through the end of this year as the war continues to cut off supply from the Middle East, analysts at Australia-based…
HSBC Sees A U.S.-Iran Deal As Key To Restoring Oil and Gas Flows
A peace deal in the Middle East is key to restoring global energy flows, and the sooner it could be achieved, the less negative economic impact it would have on…
BP Flags Exceptional Oil Trading Profit as Middle East War Drives Q1 Volatility
BP expects to have booked an “exceptional” oil trading result for the first quarter of 2026, amid the extreme volatility in prices since the war in the Middle East began.…
Russia places temporary export controls on helium
By 7 min ago 2 min read Russia has introduced temporary export controls on helium to maintain consistent supplies to the domestic market, according to a Reuters report. The world’s…
Russia places temporary export controls on helium
By 17 hours ago 2 min read Russia has introduced temporary export controls on helium to maintain consistent supplies to the domestic market, according to a Reuters report. The world’s…
EU signs off on €3.7bn Czech biomethane production subsidies
By 18 min ago 2 min read The European Commission has approved a €3.7bn ($4.36bn) Czech government funding scheme to scale sustainable biomethane production amid the net-zero emission push. The…
Sunfire reveals new 50MW standardised plant for ‘triple-digit-megawatt’ projects
By 11 min ago 2 min read German manufacturer Sunfire has unveiled a new standardised 50MW alkaline electrolyser system, which it claims could cut installation costs by up to 50%.…
