Oil Prices Rise as Iran Signals Hormuz Closure
Iran has reportedly closed the Strait of Hormuz again, less than 24 hours after agreeing to a ceasefire deal with the United States. According to reports, Iran considers Israel’s continued…
Iran Attacks Saudi Arabia’s East-West Oil Pipeline
Saudi Arabia’s East-West Pipeline, a critical artery bypassing the Strait of Hormuz, was reportedly hit in an Iranian drone attack on Wednesday, Reuters has reported. According to the report, a…
DESNZ launches non-pipeline CO2 selection for East Coast Cluster
The UK’s Department for Energy Security and Net Zero (DESNZ) has opened applications from carbon capture, usage and storage (CCUS) projects seeking to connect to the East Coast Cluster Teesside…
NUAI signs deal for CO2 battery tech for Texas data centre
Italian AI infrastructure specialist Energy Dome has signed a deal with US AI technology specialist New Era Energy & Digital Inc. (NUAI) to assess the use of its carbon dioxide…
Standards, oxygen limits and grids key to European biomethane growth
Gas standards, oxygen limits and grid masterplans are among the key issues to address if Europe’s biomethane industry is to realise its potential. The recommendations from 60 experts – encompassing…
Standards, oxygen limits and grids key to European biomethane growth
Gas standards, oxygen limits and grid masterplans are among the key issues to address if Europe’s biomethane industry is to realise its potential. The recommendations from 60 experts – encompassing…
China Oil Tankers Join Line Testing Hormuz and Iran Truce
(Update) April 9, 2025, 8:12 AM GMT: Article updated throughout with mention of a third Chinese VLCC. Two fully laden Chinese oil tankers are waiting near the Strait of Hormuz…
Exxon Mobil Signals $2.9B Q1 Earnings Bump On Higher Oil Prices
U.S. Oil & Gas giant Exxon Mobil (NYSE:XOM) has signaled that surging oil and gas prices triggered by the conflict with Iran could increase its first-quarter upstream earnings by up to…
Oil Slumps, Stock Markets Surge As First Ships Transit Hormuz
Oil prices fell below $100 per barrel while the S&P 500 and global markets surged after the U.S. and Iran agreed to a two-week ceasefire deal that includes the reopening…
Aker BP Fast-Tracks Symra Startup as DNO Ramps Up North Sea Growth
Aker BP has started production from the Symra field in the North Sea nine months ahead of schedule, while partner DNO ASA highlighted the startup as a key milestone in…
