Korea moves towards first domestic green methanol supply for shipping
By 47 min ago 3 min read South Korea is set to develop its first domestic source of green methanol for marine fuel, after EcoMethanol signed a supply memorandum of…
Oil Prices Fall as Qatar Pushes New Hormuz Talks
Crude oil prices extended their decline for the fourth day today on news that Qatar’s Prime Minister will visit Tehran today to discuss the possibility of reopening the Strait of…
Another Tanker Struck as Hormuz Shipping Crisis Deepens
Yet another tanker has been struck by a projectile in the Strait of Hormuz, the UK Maritime Trade Operations said today, as quoted by DPA. The report follows earlier attacks…
CNOOC Posts Record Profit as China Pumps More Oil at Home
China’s push to squeeze more oil and gas from home is paying off just as imported energy becomes more geopolitically complicated. CNOOC posted record first-half profit and production on Wednesday,…
The Netherlands to Miss Natural Gas Filling Target for Winter
The Netherlands will miss its target to fill natural gas storage sites ahead of the winter, its gas network operators said on Wednesday, in one of the first evidence-based signs…
Alberta Premier Rejects Using Oil as a Weapon Against Trump
Alberta’s Premier Danielle Smith has rejected the idea of slapping export taxes on crude oil exports to the United States in retaliation for the Trump administration’s tariff salvo against Ottawa,…
Analyst Explains Why Oil Prices Are Easing
In a market analysis sent to Rigzone on Thursday, Naeem Aslam, CIO at Zaye Capital Markets, noted that Brent and WTI oil prices were “easing as traders remove part of…
TotalEnergies exits Arctic LNG 2 in Russia
© Shutterstock You’ve read 1 of 1 of your free articles this month. By 10 min ago 1 min read French energy firm TotalEnergies has completed the transfer of its…
Low GHG fuel supply could reach 270 Mtoe by 2030
Global low greenhouse gas (GHG) fuel supply could reach a maximum of 270 million tonnes of oil equivalent (Mtoe) by 2030 but actual supply is likely to be less because…
Canada government invests C$19m in Ontario AD facility
By 7 min ago 2 min read Canadian clean energy firm StormFisher Environmental – a subsidiary of Generate Upcycle – is to receive nearly C$19m ($13.7m) funding from the Canada…
