Three Supertankers Carrying 6 Million Barrels Exit Strait of Hormuz
Three commercial supertankers carrying a combined 6 million barrels of Middle East crude oil have successfully exited the Strait of Hormuz, Reuters reports. The vessels departed the strategic waterway on…
Indonesia Tightens Grip on Key Commodity Exports
Indonesia, the world’s biggest nickel producer and top coal exporter, is moving to tighten control over exports of key commodities, Indonesian President Prabowo Subianto said on Wednesday. The government is…
Woodside CEO: Markets Are Badly Underestimating the LNG Supply Shock
The global gas markets are seriously underestimating how the shock loss of LNG supply from the Middle East will affect the world and economies in the coming months and years,…
Energean Slashes Dividend After Israel Gas Shutdown Cuts Output
UK-based oil and gas producer Energean plc on Wednesday slashed its first-quarter dividend and full-year production outlook following a 41-day halt to production at a gas field offshore Israel due…
EU approves €288m German state aid for two semiconductor projects
By 32 min ago 2 min read The European Commission has approved €288m ($334m) in direct grants through German state aid to develop two domestic semiconductor facilities and strengthen the…
Would USA Allow Iran Hormuz Tax In Exchange for Peace Deal?
How likely is it that the U.S. would allow Iran to tax, or impose a toll on, ships transiting through the Strait of Hormuz in exchange for a peace deal?…
30MW UK-backed green hydrogen project takes FID
By 6 min ago 2 min read The UK Government backed Barrow Green Hydrogen project has reached final investment decision (FID) under the joint venture (JV) between its main developers,…
30MW UK-backed green hydrogen project takes FID
By 6 min ago 2 min read The UK Government backed Barrow Green Hydrogen project has reached final investment decision (FID) under the joint venture (JV) between its main developers,…
Norwegian PEM firm Hystar launches standardised 20MW hydrogen plant design
By 22 min ago 2 min read Norwegian PEM electrolyser firm Hystar has launched a 20MW green hydrogen plant design, joining a growing number of electrolyser makers unveiling standardised systems.…
Sweden P2L project receives e-SAF funding boost
By 36 min ago 3 min read A Swedish power-to-liquid sustainable aviation fuel (SAF) project has received a €21m ($24m) grant from the Swedish Energy Agency to advance e-SAF production.…
