Vitol Scoops Up 25 Million Barrels of Discounted Iraqi Crude
Vitol has bought at least 25 million barrels of Iraqi crude for September loading, making the world’s largest independent oil trader Iraq’s second-biggest buyer behind ADNOC as Baghdad pays steep…
Record Fuel Prices Send European EV Sales Soaring
Record-high gasoline and diesel prices in many European markets did what European policymakers couldn’t do in years – shift consumer choice to low-emission vehicles. Battery electric vehicle sales in Europe,…
Saudi Arabia Sells 100 Million Barrels of Crude to Asia via Hormuz
Saudi Arabia has sold almost 100 million barrels of crude to Asian buyers via the Strait of Hormuz since the middle of last week, when it pivoted to the chokepoint…
Europe’s Gas Prices Jump as Hormuz Standoff Drags On
Europe’s benchmark natural gas prices jumped by 4% at trade open in Amsterdam on Thursday, as the United States and Iran remain distant on how to end the war and…
US EXIM funding to jump start Argentina LNG project
By 35 min ago 2 min read The Export-Import (EXIM) bank of the US is to mobilise up to $7bn funding to Argentina across a range of sectors including a…
UK regulator launches probe into Vivisol’s Air Liquide home oxygen deal
By 57 min ago 2 min read The UK’s Competition and Markets Authority (CMA) has launched a merger inquiry into Dolby Medical Home Respiratory Care’s, or Vivisol’s, proposed acquisition of…
Video | CO2 by rail: connecting North America’s supply and demand
By 38 min ago 7min watch As new CO2 sources and demand centres emerge across North America, the ability to connect the two is becoming increasingly important. For Kari Wagner…
China’s LNG surplus adds to global oversupply, IEEFA finds
China is increasingly reselling surplus liquefied natural gas (LNG) overseas as domestic demand plateaus and its portfolio of long-term contracts continues to grow, according to a new report from the…
Claros Technologies completes PFAS destruction pilot using UV
By 27 min ago 3 min read US environmental tech firm Claros Techologies has completed a commercial-scale pilot of its PFAS destruction technology. Its ClarosTechUV system destroys ‘forever chemicals’ (PFAS)…
Just One Commodity Vessel Left the Strait of Hormuz on Wednesday
The number of commodity vessels observed to have moved in and out of the Strait of Hormuz remained stubbornly low on Wednesday and below the 10-day moving average as the…
