LNG storage strategies swing into action
Many markets are in desperate need for more LNG with 20% of the world’s trade cut off by the ongoing Middle East conflict. This has placed increased scrutiny on storage…
40% of Russia’s Baltic Oil Export Capacity Offline as Gasoline Ban Widens
Russia is banning gasoline producers from exporting the fuel until July 31, expanding the current ban that applied only to non-producers, as the Middle East war and the Ukrainian drone…
China Directs Private Refiners to Maintain Fuel Output Even At A Loss
Chinese authorities have ordered private refiners to maintain high levels of gasoline and diesel supply, even at a loss, or risk their crude import quotas slashed if they reduce run…
UK Hosts 36-Country Summit to Reopen Strait of Hormuz
The UK is hosting on Thursday a virtual meeting of senior officials from three dozen countries — with the notable exception of the United States — to discuss ways and…
Australia Considers Emergency Powers to Protect Domestic Gas Supply
Australia’s government intends to consider using emergency powers to protect domestic natural gas supply in case of a shortfall on its east coast in the third quarter of 2026. The…
Artemis II sets off on cryogenics-fuelled Moonshot
NASA’s Artemis II mission launched yesterday (1 April) without incident, marking a return to crewed lunar flight for the first time in more than half a century. Behind the headlines,…
Oil Surges on Fears of Prolonged War
US President Donald Trump is coming under increasing international pressure after he pledged in a primetime speech to continue the war on Iran, sparking further turmoil in energy markets, with…
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…
