UK energy sector urged to be on cybersecurity guard from Iran threats
By 1 day ago 3 min read Iran-linked hackers have been accused of launching a cyberattack that caused a British power plant to be temporarily shut down. The isolated incident…
Aker Solutions to accelerate CCS and CDR with Microsoft
By 1 day ago 2 min read Norwegian tech firm Aker Solutions has outlined plans to accelerate carbon capture and storage and carbon dioxide removal projects with Microsoft. The collaboration…
Lithuania approves EIA programme for Klaipėda CO2 terminal
By 53 min ago 2 min read Lithuania’s Environmental Protection Agency has approved the Environmental Impact Assessment (EIA) programme for a planned carbon dioxide (CO2) transshipment terminal in Klaipėda, marking…
Hormuz Tanker Traffic Slumps as U.S. and Iran Trade Threats
Tanker traffic via the Strait of Hormuz remained weak over the weekend, with fewer than 20 vessels traversing the chokepoint as Iran and the United States traded threats again. Some…
Oil Prices Slide 2% as Markets Brace for Bessent’s ‘Economic D-Day’
Oil prices fell by more than 2% in early Asian trade on Monday as traders took profits and markets awaited details of a new U.S. sanctions package against Iran. At…
Iraq Wants to Double Oil Output—and Needs OPEC to Get Out of the Way
Iraq wants to more than double its oil production within six years. First, it needs OPEC to let it. Baghdad is targeting output of between 8 million and 10 million…
Tankers Wait a Month as Venezuela Hits an Oil Export Ceiling
Venezuela has plenty of oil buyers again. What it does not have is enough functioning port infrastructure to get them their crude. Tankers are waiting as long as 30 days…
Brent Sees Another Volatile Month of Trading
Brent crude has seen another volatile month of trading, with the most actively traded contracts for Brent futures and Dated Brent ranging between $79.5-100.7 per barrel and $85.3-105.6 per barrel,…
US brewery records $100,000 loss from CO2 supply shortages
By 28 min ago 3 min read The president of a major US craft brewery has described how CO2 shortages and supply uncertainties led to $100,000 in lost revenues. Speaking…
Qatar ‘cuts government budget’ as LNG income collapses
By 13 min ago 2 min read Qatar has cut government department budgets by up to 30% as the Gulf state grapples with the collapse in LNG revenues. The figure…
