Average U.S. Gasoline Price Tops $4.50 to Near Four-Year High
The national average price of gasoline in the United States has just topped $4.50 per gallon, the highest level since the middle of July 2022, according to data from GasBuddy,…
UAE advances graphene production through Dana Gas-Levidian deal
By 18 min ago 4 min read UAE-based Dana Gas has signed a deal with UK cleantech firm Levidian to develop a graphene production site in Sharjah, as the country…
SpaceX plans $55bn Terafab chip facility in Texas
By 27 min ago 2 min read US space exploration company SpaceX plans to build a $55bn semiconductor manufacturing and advanced computing fabrication facility in Grimes County, Texas. The Terafab…
Pakistan Issues Emergency LNG Tender for Two Cargoes as Power Crisis Deepens
Pakistan on Wednesday issued a tender seeking to urgently buy two LNG cargoes for delivery later this month as the country struggles to cope with a gas and power crisis…
Saudi Arabia Cuts June Oil Prices by Less Than Expected as Hormuz Risks Persist
Saudi Arabia has reduced the official selling price of its flagship crude loading for Asia in June from the May record high, but the price cut was less than expected.…
Europe’s Gas Market Braces for Winter Shock as Traders Bet Prices Could Double
The options market of European natural gas futures of the past week suggests that traders fear the benchmark gas prices could more than double in the coming winter as the…
Charbone opens first US hub in Albany
By 1 hour ago 2 min read Canadian gas producer and distributor Charbone Corporation has opened its first hub in the US at Albany in New York State. Strategically located…
Nel launches new pressurised alkaline system with sub-$1,500/kW capex
By 4 min ago 2 min read Electrolyser manufacturer Nel has launched a new pressurised alkaline electrolyser system with a capex of $1,450/kW at 25MW-scale, representing a cost of $36.25m.…
Topsoe and BioVeritas to develop SAF and renewable fuels
By 42 min ago 2 min read Danish tech firm Topsoe and sustainable tech company BioVeritas have signed an agreement to produce sustainable aviation fuel (SAF) and renewable fuels from…
BOC to build New Zealand ASU to support the South Island
By 57 min ago 2 min read Industrial gas supplier BOC New Zealand, a Linde subsidiary, will build a “multimillion-dollar” air separation unit (ASU) at its existing production site in…
