Shell Signals Oil and Gas Trading Windfall in Q2 Amid Iran War

Shell expects to have booked significantly higher oil and LNG trading results in the second quarter of the year as the Iran war drove extreme volatility in energy commodity markets.…

  • Gas
  • July 7, 2026
Record LNG trade growth in 2025 driven by US supply, IGU says

By 22 min ago 2 min read The US was the largest contributor to global LNG supply growth in 2025, adding 23.4 million tonnes (Mt) to international trade volumes between…

  • Gas
  • July 7, 2026
UK network of bioLNG refuelling stations to be rolled out

By 25 min ago 3 min read A series of 12 new bio-liquefied natural gas (bioLNG) refuelling stations will be deployed across key freight routes spanning the Southeast, Midlands and…

  • Gas
  • July 7, 2026
Portugal registers first guarantees of origin for biomethane in transport

By 41 min ago 2 min read Portugal grid operator Rede Eléctrica Nacional (REN) has registered the first certification of Guarantees of Origin (GO) for biomethane intended for the transport…

Saudi Arabia Ships 34 Million Barrels Through Hormuz Despite Thin Tanker Traffic

Saudi Arabia has shipped roughly 34 million barrels of crude through the Strait of Hormuz since the June 17 ceasefire, according to Kpler cargo-tracking data, even though only about 27…

India Resumes Iraqi Oil Imports Despite Hormuz Shipping Risks

Indian state refiners are back to buying Iraqi crude that would have to transit the Strait of Hormuz, in a sign that the world’s third-largest crude oil importer seeks to…

4 Million Barrels of Saudi Crude Set to Transit Strait of Hormuz

Two very large crude carriers loaded with Saudi crude are heading for the Strait of Hormuz in the latest sign of recovering traffic via the vital oil chokepoint. The tankers…

Gulf Oil Exporters Slash Prices as Buyers Gain the Upper Hand

Gulf oil producers are in a race to offer discounts to entice buyers, with Saudi Arabia’s latest price cut for Asian importers the sharpest in decades but unlikely to boost…

India’s Fuel Consumption Slips Despite Record Crude Oil Imports

Despite recovering energy flows out of the Middle East, India’s fuel consumption last month fell by 3.7% from May to a total of 19.24 million metric tons, Reuters has reported,…

  • Gas
  • July 7, 2026
Plug to supply electrolysers for 50MW Orica green hydrogen project

By 31 min ago 2 min read US-based Plug Power will supply a 50MW electrolyser system to Australian explosive manufacturer Orica’s recently approved green hydrogen facility in New South Wales.…