Russia Bans Diesel Exports Amid Heavy Ukraine Attacks On Refineries
Russia has officially banned all diesel exports in a bid to secure its domestic fuel market following highly destructive Ukrainian drone strikes on its energy infrastructure. According to Deputy Prime…
Oil Prices Jump over 7% as Iran Ceasefire Declared ‘Over’
Oil prices surged over 7% to a two-week high on Wednesday after U.S. President Donald Trump declared that the interim ceasefire agreement with Iran is officially over and dismissed the…
Global Nuclear Power Capacity Set to Jump by 44% by 2036
The world’s fleet of nuclear power capacity is expected to surge by 44% over the next decade as China will topple the United States as the biggest nuclear power capacity…
TotalEnergies Eyes Offshore Exploration Deal in Syria
TotalEnergies is looking to discuss the potential signing of an exploration contract offshore Syria with officials in Damascus, the French supermajor’s chief executive, Patrick Pouyanné, said during a visit to…
63 Million Barrels Of Crude Stuck At Sea As U.S. Pulls Iran Sanction Waiver
Iran was struggling to sell its crude to buyers in Asia outside China even before the U.S. rescinded overnight the sanctions waiver that allowed Tehran to sell its oil without…
Oil Prices Surge 6% Even as Tankers Push Through Hormuz
Thin tanker traffic through the Strait of Hormuz continued early on Wednesday despite the fresh flare-up in the Middle East, but more vessels appear to be reconsidering moving toward the…
Silex to acquire $40m Pennsylvania semiconductor fab
By 44 min ago 2 min read Stockholm-headquartered MEMS manufacturer Silex Microsystems has agreed to acquire a $40m semiconductor fabrication facility in Pennsylvania as part of a SEK 1.6bn ($165m)…
INOX India builds on record year with $100m order haul
By 1 min ago 3 min read Industrial gas company INOX India has secured fresh orders worth ₹939 crore ($100m), just weeks after reporting its highest-ever quarterly and annual revenue.…
INOX India builds on record year with $100m order haul
By 1 min ago 3 min read Industrial gas company INOX India has secured fresh orders worth ₹939 crore ($100m), just weeks after reporting its highest-ever quarterly and annual revenue.…
AirLife acquires stake in US helium firm CNG
By 40 min ago 2 min read India-based helium and specialty gas supplier AirLife Gases has signed an agreement to acquire a controlling stake in US-based helium gathering, processing, and…
