UK front-loads £500m into quantum push that boosts gas
The UK’s decision to inject more than £500m ($687m) into quantum computing over the next four years could open new opportunities for the industrial gas sector, particularly in cryogenics and…
Oil Tanker Rates Retreat as Middle East Tensions Cool
Spot rates for very large crude carriers (VLCCs) sailing from the Persian Gulf to Asia have fallen sharply in recent days, as military tensions near the Strait of Hormuz subside…
No Uranium Leaks After U.S.-Israeli Strikes on Iran
Iran confirmed on Wednesday that no radioactive material leaked following coordinated U.S.-Israeli airstrikes on two of its major uranium enrichment facilities, easing immediate fears of a nuclear incident. The strikes,…
Russia Seizes Ukrainian Village Near Key Lithium Venue
Russia has seized a village near Shevchenkove in eastern Ukraine, just kilometers from a major untapped lithium deposit, according to a pro-Russian local official cited by Reuters on Wednesday. The…
Sudan and South Sudan Clash Over Oil Export Fees
Sudan and South Sudan have not reached an agreement during discussions on revised oil export fees which South Sudan pays to Sudan to export oil from its ports, local outlet…
Russia’s Arctic LNG 2 Project Shows Signs of Life Amidst Sanctions
A sanctioned LNG tanker appears to be headed for the sanctioned Arctic LNG 2 project in Russia, vessel-tracking data on Bloomberg showed on Thursday, in what could be another attempt…
Texas Firm In Talks To Supply Iraq’s First LNG Terminal
Texas-based company Excelerate Energy is one of the bidders in a tender to provide a floating storage and regasification unit (FSRU) that would welcome Iraq’s first-ever LNG imports, a senior…
Shell Addresses BP Merger Speculation
Shell said on Thursday it hasn’t actively considered an offer for BP and has no intention of making such a bid, after a media report earlier this week rekindled speculation…
CycleØ acquires Spanish waste site in €200m biomethane push
Pan-European biomethane project developer CycleØ has acquired Spanish waste management facility Grupo Azon Ramon y Cajal in a €200m move that the company says will enable it to convert 121,000…
Recent Jump in Asia’s Oil Imports May Not Mean Stronger Demand
Asia’s crude oil imports surged in June to the highest level in two and a half years, but the rise isn’t necessarily attributable to strengthening oil demand after a soft…
