Oil Price Surge Shows Markets Were Too Relaxed About Iran Deal
Wednesday’s jump in oil prices to a two-week high suggests that market participants were too complacent about the U.S.-Iran ‘deal to make a deal’ and that the ceasefire would hold…
Goldman Sachs Sounds Alarm Over Fresh Threat to Global Oil Supplies
A week after it warned that an oil glut is coming, Goldman Sachs has done a U-turn, warning that the renewed hostilities in the Persian Gulf threaten an extended supply…
Hormuz Tanker Traffic Grinds to a Halt After U.S.-Iran Escalation
What was a flood of oil and gas leaving the Strait of Hormuz two weeks ago has now ground to a halt as the United States and Iran began firing…
U.S. LNG Exporter Reaps Windfall as Middle East Turmoil Drives Fees Higher
Venture Global has reported a 69% increase in its liquefaction fees over the second quarter of the year, to $6.45 per million British thermal units, up from $3.82 per mmBtu…
St1 Biokraft expands into Denmark as Nordic biomethane market gathers pace
By 46 min ago 3 min read St1 Biokraft is set to expand into Denmark through the acquisition of Danish Bio Commodities (DBC), adding more than 350 GWh of biomethane…
Industry prepares for ‘nasty scenarios’ as Middle East tensions resume
By 41 min ago 4 min read Just weeks after hopes of a appeared to ease concerns over the Strait of Hormuz, renewed US strikes and Iranian retaliation have once…
Industry prepares for ‘nasty scenarios’ as Middle East tensions resume
By 3 hours ago 5 min read Just weeks after hopes of a appeared to ease concerns over the Strait of Hormuz, renewed US strikes and Iranian retaliation have once…
Hyundai constructs 500kg per day waste-to-hydrogen plant in South Korea
By 1 min ago 2 min read Hyundai Motor Group has completed its 500kg per day waste-to-hydrogen (W2H) facility in North Chungcheong Province, South Korea, with plans to upgrade capacity…
ECA LNG plant in Mexico ships first cargo to Asia
By 17 min ago 2 min read Multinational TotalEnergies has shipped the first cargo from ECA LNG Phase 1 to Asia. The LNG export terminal is currently under commissioning on…
IMF Downgrades Global Economic Growth Forecast To 3% Amid Iran War
The International Monetary Fund (IMF) has downgraded its 2026 global economic growth forecast to 3%, down from 3.5% posted in 2025 with the impact of the Iran war expected to…
