Oil Prices Slip as Markets Eye the Return of Venezuelan Crude
Oil prices edged lower in early Asian trading on Tuesday as markets weighed the possibility of higher Venezuelan crude output, reinforcing expectations of ample global supply amid weak demand. Brent…
CK Supply signs 10-year industrial gas deal with HTS Coatings
US Midwest-focused industrial gas supplier CK Supply has signed a 10-year gas supply agreement with Illinois-based thermal spray, machining, and grinding service provider HTS Coatings. Under the agreement, CK Supply…
2026 Oil Market Will Not Be About Venezuela
The oil market in 2026 will not be about Venezuela but about OPEC+ cutting or not. That’s what Skandinaviska Enskilda Banken AB (SEB) Chief Commodities Analyst Bjarne Schieldrop stated in an…
Element Solutions acquires EFC Gases
Global specialty chemical company Element Solutions has completed its acquisition of EFC Gases & Advanced Materials, which was first announced in November. EFC is a Massachusetts-based high-purity rare gas technologies…
Jake Lake steps down from BCGA
The British Compressed Gases Association (BCGA) has announced that its former Technical Manager, Peter (Jake) Lake, has left the organisation after spending 15 years in the role. According to the…
Denmark Says Trump’s Greenland Threat Looks Real After Venezuela Move
Denmark’s prime minister Mette Frederiksen has warned that U.S. President Donald Trump is serious about taking over Greenland, adding that a U.S. attack on a NATO ally would be the…
EIA: Oversupply And Sluggish Demand To Blame For Weak Oil Prices In 2025
The U.S. Energy Information Administration has revealed that global oil supplies exceeded demand in 2025, leading to a sharp decline in oil prices. Monthly average Brent crude oil prices declined…
Harold Hamm’s Continental Resources To Buy Oil Assets In Argentina
Billionaire Harold Hamm’s Continental Resources will buy assets from Argentina’s Pan American Energy, Bloomberg reported on Monday, in the latest development in the company’s push into the Vaca Muerta shale…
Venezuela oil investment faces long timelines, ANZ says
(Bloomberg) – Investors betting on growth in Venezuela oil output will need deep pockets and patience, as aging infrastructure will require billions of dollars in spending, according to Australia and…
U.S. Oil Blockade Forces Venezuela’s PDVSA to Slash Production
Venezuela’s state oil firm PDVSA has started reducing oil production and has asked its joint ventures, including those with Chevron, to also cut output, as storage space is running out…
