Air Products’ new leadership will drive spec gases, says Lope
Air Products is more committed than ever to its core speciality gas business under its new leadership, with the market for specialty gases continuing to grow. Specialty gas customers are…
Air Products wants to drive spec gases growth, says Lope
Air Products is more committed than ever to its core speciality gas business, with the market for specialty gases continuing to grow. Specialty gas customers are also more inclined than…
Gasoline, Distillate Builds Spook Oil Markets
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again this week, this time by 370,000 barrels in the week ending June 6 after…
Putin Extends Russian Oil Export Ban to Price Cap Countries Through 2025
Russian President Vladimir Putin has extended a ban on the sale of Russian oil and petroleum products to buyers that comply with the Western-imposed price cap, pushing the restriction through…
EIA Calls Peak Shale as Drilling Activity Declines
Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a record 13.5 million barrels per day (bpd) in Q2 2025 to around…
Future of Energy event: clean energy weighs its prospects
Policy and market uncertainty continues to cast a shadow over the hydrogen, CCUS and biomethane sectors – and a dedicated session at the Gas, LNG and Future of Energy conference…
China’s Gas Firms Want Power Sector To Prop Up Demand
As China’s natural gas demand growth slows, domestic gas producers are lobbying the authorities to raise the number of gas-fired power plants, which they see as the key growth driver…
Japan Imports Russian Oil for First Time Since 2023
Per Japanese government instructions, refiner Taiyo Oil has bought a cargo of Russia’s Sakhalin crude to ensure stable production of the LNG plant that supplies gas to Japan, a company…
Permian Oil Producers Face Higher Costs With New Saltwater Rules
As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater…
Saudi $5 Billion Loan to Nigeria Hangs in the Balance After Crude Prices Plunge
Falling oil prices have made negotiations between Aramco and Nigeria’s government more difficult over a record $5-billion loan backed by oil, which Saudi Arabia’s state oil giant has agreed to…
