Northern Endurance Partnership receives pipelay vessel
By 3 hours ago 2 min read One of the world’s largest pipelay vessels, Saipem’s Castorone, has arrived in the Southern North Sea, to work on the Northern Endurance Partnership’s…
U.S. Shale Producers Lose Bid to Kill Oil Price-Fixing Case
A federal judge has allowed antitrust lawsuits accusing some of the biggest U.S. shale producers of coordinating production cuts to keep oil and fuel prices higher to proceed. U.S. District…
Bessent Says Strait of Hormuz Obsolete Within Two Years
Treasury Secretary Scott Bessent says Gulf oil producers could bypass the Strait of Hormuz within two years, putting a remarkably short timetable on a pipeline buildout that has accelerated since…
Hormuz Shipping Slumps as U.S.-Iran Strikes Rattle Oil Markets
The number of tankers traversing the Strait of Hormuz remains below the ten-day average, according to ship-trackers, with Kpler reporting only four tanker crossings for Tuesday. That is below a…
U.S. Energy Secretary Says Venezuela Could More Than Double Oil Production
Venezuela’s crude oil production rate could double in the next few years thanks to new deals set to be signed with U.S. and other foreign energy companies, U.S. Energy Secretary…
U.S. Crude Inventories Drop amid Continued SPR Draws
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 2.6 million barrels in the week ending August 28. In the week prior, US crude…
Buckeye expands Colorado footprint with Wagner Welding Supply buy
By 5 hours ago 2 min read Buckeye Welding Supply, part of the US industrial gas platform Meritus Gas Partners, has acquired Colorado-based industrial and medical gas supplier Wagner Welding…
Nippon Sanso expands UK dry ice business
By 6 hours ago 1 min read European industrial gases company Nippon Sanso is expanding its position in the UK dry ice market through the acquisition of Ashe Buchanan Associates,…
Asia Spot LNG Prices Hit 5-Month High as Hormuz Blockage Drags On
Spot LNG prices in Asia jumped on Tuesday to the highest level since the 2026 winter, as buyers compete for spot cargoes amid the still-stalled LNG traffic through the Strait…
U.S. Energy Storage Capacity Installations Hit Record High in Q2
The U.S. installed a record-high energy storage capacity in the second quarter of the year as grid operators and utilities turned to storage to boost grid reliability and meet rising…
