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…

Angola’s First New Refinery in 50 Years Ships Its First Fuel Cargoes

The Cabinda oil refinery in Angola, the first that was built in the country since it gained independence from Portugal 50 years ago, has started shipping fuels to the domestic…

EU Imports of Yamal Gas Hit Record Ahead of Ban on Russian LNG

The EU boosted its imports of Russian LNG from the Yamal LNG project to a record high in the first four months of 2026, just before the bloc started implementing…

  • Gas
  • May 7, 2026
Industrial gas majors eye growing role in space launch economy

The rapid expansion of commercial space launches is developing into a potentially significant growth market for industrial gas companies, with Linde indicating the sector could eventually become large enough to…

Oil Prices Waver as Market Weighs Chances of U.S.-Iran Deal

Front-month Brent Crude futures dropped to below $100 per barrel again in morning trade in Europe on Thursday, reversing earlier gains, as the market hopes the U.S. and Iran could…

Oil Crunch Prompts Plastics Crisis in Asia

Asia is facing plastics shortages because of the oil and gas supply crunch caused by the war in the Middle East, with medical supplies, packaging, and consumer products most vulnerable…

Shell Beats Profit Estimates as War Brings Trading Windfall

Shell (NYSE: SHEL) on Thursday reported consensus-beating earnings for the first quarter as the war in Iran drove an oil price surge and boosted trading profits at the UK-based supermajor.…

  • Gas
  • May 7, 2026
Industry bodies urge UK government to prioritise industrial decarbonisation

By 52 min ago 4 min read The Carbon Capture and Storage Association, Hydrogen UK and Electrify Industry have joined forces to call on the UK government to present clear…

  • Gas
  • May 7, 2026
Video | Transitioning bipolar plates to mass production

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EU Suspends Methane Rules as Energy Crunch Intensifies

The European Union has decided to suspend a regulation requiring oil and gas suppliers to report emissions along their supply chains amid an energy crunch that has sent oil and…