China’s Oil Reserves Grow Despite Lukewarm Demand
China’s total oil product demand jumped by 416,000 barrels per day (bpd) in August from July, the latest data by the Joint Organizations Data Initiative (JODI)
Gazprom’s Amur 2 helium plant start-up delayed amid market surplus
Gazprom will likely further delay the start-up of its Amur 2 helium plant in Blagoveschchensk, Russia, due to the market being in a period of surplus supply. Phil Kornbluth, President…
More investment needed in US helium exploration
Too little investment is being directed toward helium exploration in North America, just as the region is on track to become a net importer. That was the stark message delivered…
Saudi Arabia’s Crude Oil Exports Jumped By 400,000 Bpd in August
Saudi Arabia’s crude oil exports surged by 413,000 barrels per day (bpd) in August, to the highest level in six months, as the world’s top crude exporter and…
Kazakhstan to Keep New Fuel Price Freeze Until Spring
Kazakhstan will keep the freeze on fuel prices at least until the spring of 2026, Kazakh Economy Minister, Serik Jumangarin, said on Wednesday. Last week, Kazakhstan…
Japan’s New PM Pushes for Faster Nuclear Reactor Restarts
Japan’s newly elected Prime Minister, Sanae Takaichi, favors accelerating the restart of nuclear reactors as a way to reduce the G7 economy’s dependence…
Lhyfe 100MW Green Horizon project on track for go-ahead next year
Green hydrogen producer Lhyfe believes its 100MW Green Horizon project in Normandy is “well on track” for final investment decision in 2026. Speaking on a webinar today, Lhyfe Founder, Chairman…
