Surging Oil Prices Push Japan’s Import Bill to an Unprecedented High
Surging oil prices have led to a significant increase in Japan’s import bill, hitting an all-time high last month of $89.46 billion, Reuters has reported, citing government data. The June…
Oil Price Rise Comes Amid Dissipation of 1 Main Assumption
Crude oil futures continued to rise today, Samer Hasn, Senior Market Analyst at XS.com, highlighted in a market analysis sent to Rigzone on Wednesday, pointing out that WTI and Brent…
Air Liquide signs renewable oxygen deal with Indovinya for ethylene oxide production
By 41 min ago 2 min read Industrial gas major Air Liquide has entered into an agreement with Texas-headquartered specialty chemical producer Indovinya for the supply of renewable oxygen for…
Helium recovery demand rises amid supply concerns
By 13 min ago 4 min read Helium recovery is becoming a higher priority for manufacturers as supply security overtakes cost savings as the main driver for gas recycling, according…
Industry needs to step up semiconductor sustainability
By 53 min ago 2 min read The industrial gases industry must step up its work on semiconductor sustainability to avoid government intervention and improve accountability, according to industry experts.…
Akola begins biomethane production at €11m Lithuanian plant
By 52 min ago 2 min read Renewable energy firm Akola Bioenergy (Akola), a subsidiary of Lithuanian agribusiness Akola Group, has started production at its 36.35 GWh a year biomethane…
Fault at floating LNG terminal cuts Bangladesh gas supply by 450 mmcfd
The FSRU Excellence, which is owned by Excelerate Energy ©Excelerate Energy By 54 min ago 2 min read A technical fault at the floating liquefied natural gas (LNG) terminal operated…
U.S.-Iran Conflict Threatens Long-Term Energy Shock Across Asia
The impact of the war between the United States and Iran on oil-importing nations in Asia could last years or even decades because of these countries’ heavy dependence on those…
Oil Prices Climb as U.S.-Iran Conflict Shows No Signs of Slowing
Oil prices continued to climb in early Asian trade on Wednesday as the renewed hostilities between the United States and Iran showed no signs of slowing. At the time of…
US Crude Oil Inventories Build As Hormuz Shipping Headache Drags On
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.603 million barrels in the week ending July 17. In the week prior, US…
