Russia’s Druzhba Oil Flows Continue After Ukraine Strike
Hungary has reported that oil flows from Russia via the key Druzhba oil pipeline have continued after it came under attack by Ukraine on December 1. According to Mol Nyrt,…
Ex-Pornhub Owner Reportedly Interested In Lukoil Assets
Austrian businessman Bernd Bergmair, former majority owner of Pornhub, has approached the U.S. Treasury about buying assets of Russian oil major Lukoil after the Trump administration sanctioned the company. “Obviously…
ADNOC in Talks to Buy SEFE Trading Arm
Germany has begun preliminary discussions with potential investors – including Abu Dhabi National Oil Co. – about a deal to buy the trading unit of SEFE, as the government looks at options…
Electronic specialty gases market set for 6% annual growth to 2030
There are strong prospects for growth in electronic specialty gases over the next five years, with an average annual growth rate of 6% in prospect for the years from 2026…
Specialty gases ‘a $500m opportunity’ to support Asia-Pacific solar growth
Demand for specialty gases to support the manufacture of photovoltaics in India, and Asia-Pacific more widely, is set to take off in the next few years, creating a market opportunity…
Cuba Plunges Into Darkness After Electrical Grid Failure
For the fifth time this year, Cuba suffered a massive power outage after a partial collapse of the electrical grid early on Wednesday. The capital city of Havana and many…
Hungary Challenges EU’s Phase-Out of Russian Energy Imports
Hungary on Wednesday vowed to challenge the EU’s decision to phase out imports of Russian oil and gas at the Court of Justice of the European Union, claiming it is…
Saudi Arabia Starts Natural Gas Production at Giant Jafurah Project
Saudi Arabia has launched production at the giant Jafurah natural gas field, the largest non-associated gas development in the Kingdom, which is key to the Saudi goal to significantly boost…
Global Supply Woes Push Copper Past $11,400 Per Ton
Soaring copper orders from South Korea and Taiwan led to the biggest rise in requests for withdrawals from London Metal Exchange warehouses since 2013, pushing copper prices to a new…
China’s Oil Demand to Remain Weak Until At Least Mid-2026
China’s oil demand will likely stay tepid for months ahead, at least until the middle of 2026, according to private refiner Hengli Petrochemical. “It’s difficult to find a very bright…
