India Waives Import Tax on Petrochemicals as War Roils Supply Chains
India on Thursday temporarily abolished the import tax on 40 key petrochemicals to provide relief to a range of industries as domestic petrochemical output is now diverted to the production…
India Accelerates Shift to Piped Gas as LPG Crisis Deepens
India is accelerating the move to piped gas for household use as liquefied petroleum gas (LPG) supplies are severely disrupted due to the war in the Middle East. Around 60%…
ADNOC Chief Urges Global Action as Iran Chokes Hormuz Energy Flows
The Group CEO of ADNOC has called on the world to act together to protect the free flow of energy through the Strait of Hormuz in order to avoid a…
Pulsar Helium appoints new President to advance Minnesota helium project
Helium exploration company Pulsar Helium has appointed Cliff Cain as President to advance the development of its flagship Topaz helium project in Minnesota. Cain joined Pulsar in 2019 with experience…
Oil Is in the Middle of a Geopolitical Knife Fight
Oil is right in the middle of a geopolitical knife fight, and the market is feeling every jab. That’s what Naeem Aslam, Chief Investment Officer at Zaye Capital Markets, said…
TotalEnergies and Masdar form $2.2bn Asia renewables joint venture
Multinational TotalEnergies and UAE clean energy firm Masdar are forming a $2.2bn joint venture to drive renewables growth across nine Asian countries. The joint venture, which will be headquartered in…
WTI Jumps 51% in a Month on Iran War Supply Shock
West Texas Intermediate added some 51% over last month, currently trading at over $100 per barrel as President Trump indicated the war against Iran was not coming to a swift…
Venezuela Oil Exports Top 1 Million Bpd in March
Venezuela exported crude oil at a rate of over 1 million barrels daily last month, for the first time in six months, Reuters has reported, citing shipping data. According to…
Trump’s Renewed Iran Threats Drive Oil Higher
Crude oil price moved higher today, adding some 5% from Wednesday, following President Donald Trump’s address to the nation, in which he said the United States would continue attacking Iran.…
CCUS makes funding progress but barriers remain
Carbon capture, utilisation and storage is advancing in funding and deployment across the UK and Europe, but barriers to scale remain, according to Carbon Capture and Storage Association (CCSA) CEO…
