Stegra secures $1.4bn package to finish flagship hydrogen-based steel plant
By 1 hour ago 3 min read Stegra has agreed in principle on a $1.4bn rescue package led by a major Swedish investment firm to complete its hydrogen-based green steel…
UK sees halt in Qatari LNG cargoes as Iran war disrupts flows
By 29 min ago 3 min read The UK has entered its first week without Qatari LNG deliveries following disruption in the Middle East, with the last known cargo arriving…
Sanctioned Chinese Tanker Passes Hormuz Despite U.S. Naval Blockade
A Chinese-owned tanker under U.S. sanctions has passed the Strait of Hormuz despite the U.S. blockade of Iranian ports that began on Monday. Citing data from Kpler and MarineTraffic, Reuters…
Oil Traders Bet on Diplomacy Even as Physical Supply Tightens
Oil prices edged lower in early Asian trade on Tuesday, giving up gains from the previous session as hopes of diplomatic progress between the U.S. and Iran tempered fears of…
Trump Signals High Gas Prices Through November Midterms
U.S. President Donald Trump has acknowledged that gasoline prices might remain high through the November 2026 midterm elections, a rare admission of the potential political fallout from the ongoing war…
Top 5 issues for helium startups in Middle East crisis
The Middle East crisis has presented distinct challenges to helium startups across production, financial and strategic areas, but also new opportunities. Here we summarise some of the key dynamics that…
InSolare signs 85,000-tonne green ammonia supply tender with SECI
By 47 min ago 2 min read Renewables firm InSolare has secured a $398m government contract to supply 85,000 tonnes of green ammonia to two Indian fertiliser producers per year.…
Hydrogen pilot in Namibia processes low-grade iron ore into DRI
By 1 hour ago 3 min read Low-grade iron ore has been converted into direct reduced iron (DRI) in Namibia using hydrogen under a German-led pilot project. The SuSteelAG consortium,…
Petrobras Strikes New Offshore Hydrocarbon Discovery In Brazil
Petrobras (NYSE:PBR) has made yet another deepwater hydrocarbon discovery in the Campos Basin offshore Brazil, marking another win in its strategy to replenish reserves. The discovery was made within Block…
Iran, US Weigh Fresh Talks as Trump Blockade Underway
The US and Iran are weighing further negotiations to extend a two-week ceasefire as President Donald Trump presses ahead with a naval blockade to curb the Islamic Republic’s oil exports,…
