Oil Prices Surge 6% as Trump Sanctions Russian Energy Giants
Oil prices skyrocketed in early Asian trading on Thursday after President Trump announced new sanctions on Russia’s two largest oil producers, Lukoil and Rosneft, marking the first Ukraine-related sanctions of…
Industrial gases underpin test-firing of India 3D-printed rocket
India space startup Agnikul Cosmos (Agnikul) has successfully test-fired two fully 3D-printed semi-cryogenic rocket engines ahead of an upcoming orbital mission. The company posted on X (formerly Twitter) a video…
EU agrees Russia LNG import ban as US starts sanctions
Pressure is mounting on Russia’s energy sector after the EU agreed to introduce a liquefied natural gas import ban in two phases and the US hit Russia’s major companies with…
EU Adopts New Sanctions on Russian Energy
The European Union adopted a new package of sanctions targeting Russia’s energy infrastructure, joining a new push by the US to chip away at Moscow’s ability to wage its war…
Japan’s NF3 sector under strain as global competition bites
Japan’s production of nitrogen trifluoride (NF3) – a key chamber-cleaning gas used in the manufacture of semiconductors, flat-panel displays, and solar cells – is entering a phase of contraction amid…
Oil Soars on Prospects Of New U.S. Sanctions And Surprise Stock Draw
Oil prices jumped ~3.5% in afternoon trading, extending gains to the highest levels in nearly three weeks as traders reacted to reports that Washington is weighing new sanctions on Russian…
U.S. Upstream Oil & Gas Dealmaking Falls Again Amid Low Oil Prices
Mergers and acquisitions in the U.S. upstream oil and gas sector fell for a third straight quarter, marking an end to blockbuster takeovers seen in recent years amid persistently low…
Hungary To Buy Nuclear Fuel From The United States
Hungary will begin negotiations to purchase nuclear fuel from the United States as it looks to diversify its supplies, the country’s foreign Minister Peter Szijjarto told the country’s MI state…
U.S. sanctions on Russian oil giants spark supply concerns in China
(Bloomberg) – U.S. sanctions on Russia’s energy giants are sending shockwaves deep into the heart of China’s oil industry, where both state and private refiners face heightened pressure to keep…
EU To Sanction Chinese Oil Refineries On Russian Oil Trade
The European Union’s latest package of sanctions against Russia will list four companies, including a Chinese trading firm and two independent Chinese oil refineries, involved in oil trade…
