Russia Turns to South Korea for Fuel as Refinery Crisis Deepens
Russia last month imported some 30,000 metric tons of fuels from South Korea to tackle supply constraints caused by continued Ukrainian drone attacks on refineries. According to a Reuters report…
JPM Now Expects Fed to Hike Rates in December
In a report sent to Rigzone by Greg Shearer, Head of Base & Precious Metals at J.P. Morgan, and Natasha Kaneva, J.P. Morgan’s Head of Global Commodities Strategy, analysts at the company,…
Blue Origin identifies oxygen valve as cause of New Glenn test explosion
By 46 min ago 2 min read Blue Origin has identified the main oxygen valve on one of its BE-4 engines as the root cause of the failure that led…
Saudi researchers develop membranes with 90% MOF material
By 8 min ago 2 min read Researchers at King Abdullah University of Science and Technology (Kaust) have developed technology that allows membranes to contain more than 90% metal-organic frameworks…
Saudi researchers develop membranes with 90% MOF material
By 1 day ago 2 min read Researchers at King Abdullah University of Science and Technology (Kaust) have developed technology that allows membranes to contain more than 90% metal-organic frameworks…
Posco Air Solution gains aerospace rare gas certification
By 34 min ago 2 min read Posco Air Solution (Posco), the industrial gas arm of Posco Group, has become the first company in Asia to achieve AS9100D aerospace and…
China’s G-Gas to optimise ultra-high-purity nitrogen systems for Korean chipmakers
By 51 min ago 2 min read Chinese electronic gas equipment developer G-Gas has signed a long-term strategic agreement with South Korean bulk electronic gas supplier AF E&C to deploy…
Oil Prices Jump as Houthi Attacks Raise Saudi Supply Risks
The Yemeni Houthis have struck Saudi Arabia’s southern province of Najran in the latest flare-up of Middle Eastern hostilities, killing 11 civilians, Reuters has reported, citing a spokesman for the…
Russian Oil Production Climbs Above 9 Million Bpd in July
Russia increased oil production in July as stronger exports and recovering refinery runs gave producers somewhere to put more barrels. Crude oil and condensate output rose by roughly 100,000 barrels…
Aramco Deepens Asia Oil Discount Ahead of Possible Hormuz Deal
Saudi Arabia cut the price of its flagship crude for Asian buyers again as hopes of a deal to move more tankers through the Strait of Hormuz pushed oil prices…
