Oil Prices Fall as OPEC and IEA Slash 2026 Demand Outlooks

Despite the ongoing stalemate in the U.S.-Iran talks and persistent risks to shipping in the Middle East, oil prices fell in Asian trading on Thursday, weighed down by cuts to…

Putin Opens New Front in Shadow Fleet Fight With Threat to Seize EU Ships

Russian President Vladimir Putin threatened Wednesday to seize European ships in retaliation for EU action against Russia’s shadow oil fleet, opening the possibility of direct Russian interference with commercial shipping…

Ukraine Halts Oil Tanker Attacks on JD Vance Request

The Ukrainian forces have reportedly suspended drone attacks on oil tankers at the port of Novorossiysk following a request by U.S. Vice-President JD Vance, the Financial Times wrote today, citing…

Trump Puts 81 Million Gulf Acres Up for Oil and Gas Auction

The Trump administration will put oil and gas leases covering more than 81 million acres in the Gulf of Mexico up for auction on Wednesday, August 12, in the third…

  • Gas
  • August 13, 2026
Ucaneo CEO outlines next steps after opening Germany’s largest DAC facility

Berlin-based climate technology scale-up Ucaneo recently commissioned a electrochemical direct air capture (DAC) demonstration plant in Germany with a capacity to capture 150 tonnes of carbon dioxide (CO2) annually, the…

  • Gas
  • August 13, 2026
Ucaneo CEO outlines next steps after opening Germany’s largest DAC facility

Berlin-based climate technology scale-up Ucaneo recently commissioned a electrochemical direct air capture (DAC) demonstration plant in Germany with a capacity to capture 150 tonnes of carbon dioxide (CO2) annually, the…

  • Gas
  • August 13, 2026
Shift CCUS funding onto producers recommends IPPR

By 10 hours ago 3 min read Fossil fuel producers determine the volume of carbon that enters the economy and should foot the bill for carbon capture utilisation and storage…

  • Gas
  • August 13, 2026
Shift CCUS funding onto producers recommends IPPR

By 19 min ago 3 min read Fossil fuel producers determine the volume of carbon that enters the economy and should foot the bill for carbon capture utilisation and storage…

  • Gas
  • August 13, 2026
SK Shipping to become Asia’s largest LNG carrier under K-LNG rebrand

By 8 min ago 2 min read SK Shipping is to rebrand as K-LNG and become Asia’s largest LNG carrier after acquiring 16 ships from sister company H-Line Shipping. It…

Iran Boosts Military Posturing as Talks Hit Deadlock

Iran has reorganized its military to be more aggressive abroad as talks on ending the war with the US remain mired in stalemate, a sign that Tehran is preparing for…