Coking Coal Prices Surge 25%, Squeezing India’s Steelmakers
Indian steelmakers are reeling from a jump in coking coal prices this year that is squeezing their margins and delaying capacity expansion in the steelmaking industry, analysts and industry executives…
Has Iranian Crude Become Irrelevant to Global Oil Supply?
The reinstated U.S. blockade on Iranian oil exports is effectively preventing Tehran from exporting oil, making Iran’s oil volumes irrelevant for global oil market balances, Bob McNally, president of Rapidan…
Middle East Oil Crisis Sends Supertanker Prices to Record Highs
Demand for tankers from Middle Eastern oil producers has pushed prices to an all-time high, the Financial Times reported today, saying both new and second-hand very large crude carriers reached…
Elevated Oil Prices Push Japan’s Imports to an All-Time High
Japan’s import bill reached an all-time high in July, driven by higher oil prices, to a total of $76.39 billion. This was up by 27.8% from July 2025, Reuters reported,…
ADNOC Issues Ninth Spot Crude Tender Since June as UAE Boosts Exports
Abu Dhabi National Oil Company (ADNOC) has just issued its ninth spot tender offering crude oil to buyers for October and November loadings, as the United Arab Emirates (UAE) continues…
Brent Oil Price Tops $93 as U.S.-Iran Impasse Persists
Brent Crude futures prices topped $93 per barrel early in the morning in Europe on Thursday, hitting a three-week high amid fading hopes of U.S.-Iran talks as President Trump announced…
Trump Threatens “Tremendous” Consequences for Countries Helping Iran
U.S. President Donald Trump threatened any country helping Iran in any way with “tremendous economic consequences,” as the American Administration is ratcheting up economic pressure on Iran in the hope…
EIA Sees Oil Crunch in 2026, Glut in 2027
The U.S. Energy Information Administration (EIA) is predicting an oil market crunch in 2026 and a glut in 2027, the organization’s latest short term energy outlook (STEO), which was released…
Renergen starts commissioning at South African helium project
© Shutterstock You’ve read 1 of 1 of your free articles this month. By 16 min ago 2 min read South African helium developer Renergen, through its subsidiary Tetra4, has…
Pertagas and Renikola move ahead with Indonesia’s first biomethane-to-grid project
By 56 min ago 3 min read Indonesia’s PT Pertagas Niaga (PTGN) and Malaysia-based renewable energy developer Renikola have signed a 15-year biomethane offtake agreement, advancing plans to establish what…
