Iran Is Rushing To Export Oil Following Israeli Attacks
Iran has hiked its daily oil exports by 44% since the first Israeli attack on the Islamic Republic on Friday, as Tehran appears to aim to ship out as much…
Woodside Energy and Petronas Forge 15-Year LNG Supply Deal
Woodside Energy, Australia’s top independent oil and gas producer, has signed a preliminary long-term deal to supply Malaysia’s state giant Petronas with LNG from its global portfolio, including from the…
U.S. Battery Makers Declare National Emergency After China’s Antimony Ban
Battery makers in America have started to feel the pinch from China’s ban of exports of the critical mineral antimony, to the point of seeing the shortage as a national…
Tokyo Gas LNG Supply Unaffected by Middle East Conflict
Tokyo Gas, the biggest city gas supplier in Japan, doesn’t import LNG from Middle Eastern exporters so its supply of the super-chilled fuel is not being directly impacted by the…
Heidelberg Materials opens Brevik CCS in Norway
Buildings supplier Heidelberg Materials has officially inaugurated Brevik CCS in Norway, billed as the world’s first industrial-scale CCS facility in the cement industry. Brevik CCS will capture around 400,000 tonnes…
Khamenei Tells US that Iran Won’t Surrender to Israel
Iran’s Supreme Leader Ayatollah Ali Khamenei said his country won’t surrender to Israel after US President Donald Trump called for the Islamic Republic’s capitulation amid growing speculation that Washington could…
EV Subsidy Funds Dry Up in Key Chinese Market
China’s trade-in subsidy program for electric vehicles has been axed in at least six provinces because the money has run out, Bloomberg reported today, citing Chinese media. The program involves…
TotalEnergies Expects Mozambique LNG Restart This Summer
The Mozambique LNG project should resume operation “this summer”, the chief executive of the facility’s operator, TotalEnergies, told media this week. The Mozambique LNG project—which is under construction—suspended activities in…
US Crude Oil Inventories See Sharp Drawdown, Bolstering Market Confidence
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell sharply, by 10.133 million barrels in the week ending June 13 after analysts had estimated…
Norway approves next phase of Northern Lights CCS project
The Norwegian government has approved the second phase of the Northern Lights carbon capture project, a joint venture between TotalEnergies, Equinor, and Shell that’s being developed in Øygarden, Norway. Phase…
