Brent Breaks $96 as U.S. Strikes Iran for 12th Consecutive Night
The latest oil price rally showed no sign of stopping in early Asian trading on Thursday, with both benchmarks climbing to their highest levels in more than six weeks as…
Waga Energy secures €128m loan to spur biomethane growth
By 11 min ago 2 min read French green tech firm Waga Energy has signed a €128m financing agreement to drive biomethane development. The loan, arranged through a pool of…
Zero Point Cryogenics expands into US with Illinois quantum hub
By 39 min ago 2 min read Canadian manufacturer of ultra-low temperature cryogenic systems Zero Point Cryogenics (ZPC) will open the first in a planned network of international innovation and…
MCi Carbon completes low-carbon cement trial
By 19 min ago 3 min read Australian clean tech firm MCi Carbon has completed low-carbon cement trials with construction materials company Boral. Material was produced at MCi Carbon’s Myrtle…
Houthis Claim Oil Tanker Attacks in Red Sea
The Houthis, a militant group in Yemen who have been threatening to open another front in the Iran war, said they had targeted two oil tankers in the Red Sea.…
Pakistan Scrambles for Oil Alternatives as Hormuz, Red Sea Risks Mount
Pakistan’s refiners are inquiring traders about potential crude oil supply from the U.S., Nigeria, Singapore, and central Asia, amid the escalating crisis in the Middle East that threatens supply from…
Oil Jumps Nearly 4% as Houthis Threaten Red Sea Blockade
Oil prices jumped by nearly 4% early on Wednesday as concerns about crude supply from the Middle East intensify with threats to shipping at both chokepoints in the region, the…
Japan’s Power Prices Soar to 3.5-Year High
Japan’s day-ahead spot electricity prices surged on Wednesday to the highest level in three and a half years as soaring fuel costs, heat waves, and a weakening Japanese currency have…
Equinor Profit Soars 93% as Oil and Gas Price Spike Fuels Windfall
Equinor (EQNR:NYSE) saw a 93% jump in its second-quarter profit from a year earlier as oil and gas prices soared during the Middle East crisis and delivered windfall earnings to…
China’s Oil Output Hits Record High
China produced a record amount of crude oil last year, at 216 million tons, with natural gas production also rising substantially, the National Energy Administration reported today. Together, the oil…
