DP World launches Middle East cargo war risk insurance
By 44 min ago 2 min read Global port operator DP World has launched cargo war risk insurance to help businesses navigate disruption across Middle East trade routes. It said…
Oil Prices Jump After U.S. and Iran Exchange Fire in Strait of Hormuz
Oil prices surged in early Asian trade on Friday after Iran and the U.S. exchanged fire in the Strait of Hormuz, threatening to break the very fragile ceasefire that has…
Canadian Natural Says Pipeline Needed to Unlock Oil Sands Growth
Canada’s oil sands can grow, but getting the barrels out of the country is a problem. This is a constraint that has defined the sector for years. President Scott Stauth…
Brent Oil Price Futures Understating Physical Market Stress
Brent futures are understating physical market stress, analysts at BMI, a unit of Fitch Solutions, said in a BMI report sent to Rigzone by the Fitch Group early Friday. “Recent…
Cheniere records quarterly loss but gears up for CCL Train 6 launch
By 1 hour ago 2 min read Cheniere has reported a mixed set of results, recording $3.5bn net loss in Q1 2026 after strong Q4 exports underlined the strength of…
Canadian firm claims ‘world first’ hydrogen-powered helicopter flight
By 1 hour ago 2 min read Canadian biotechnology firm Unither Bioélectronique (UB) has claimed the “world’s first” hydrogen fuel cell-powered helicopter flight in partnership with US aircraft manufacturer Robinson…
U.S. Cracks Down on Iraq Oil Links to Iran
The United States has sanctioned Iraq’s deputy oil minister and several Iran-aligned militia leaders, stepping directly into a part of the oil trade that has been operating in the gray…
Chinese Firm Takes U.S. Banks to Court Over Pre-Sanction Payment Freeze
Chinese fuel trader HY Energy is suing U.S. banking giants JP Morgan and Citigroup for blocked payments to a Chinese oil firm a year before the latter was sanctioned by…
IEA: Tight Gas Markets Will Last Through 2030
The war in Iran and the subsequent loss of LNG supply from the Middle East are altering the medium-term outlook of global natural gas balances, with tighter markets set to…
EU: Airlines Should Pay Passengers for Cancelations due to Fuel Price Surge
Airlines will have to continue reimbursing travelers if they cancel flights due to high jet fuel prices, EU Sustainable Transport and Tourism Commissioner, Apostolos Tzitzikostas, told the Financial Times in…
