Ottawa and Alberta Push New 1 Million Bpd Oil Pipeline

Canada may finally be doing the thing everyone has been yelling about for the last decade: building more oil pipelines. Prime Minister Mark Carney said Thursday that Ottawa and Alberta…

China’s Gasoline Consumption Could Plunge 5.5% in 2026 as Oil Prices Surge

China’s gasoline demand has dropped since the Iran war upended the global oil markets and is on track to decline more than previously expected this year, due to the higher…

Russia’s Oil Windfall Gets Bigger as Hormuz Stays Shut

Russia just found itself on the right side of the oil shock. As the Iran war continues to choke flows through the Strait of Hormuz and scramble global crude markets,…

Sinopec Opens Major Ultra-Deep Shale Gas Play in China

Chinese state oil giant Sinopec is opening a major ultra-deep shale gas find after obtaining official government approval for proven geological reserves of 235.687 billion cubic meters in the Ziyang…

India’s Wholesale Inflation Hits 3.5-Year High as Fuel Costs Surge 25%

Soaring energy costs sent India’s wholesale inflation surging in April to the highest level in three and a half years and well above analyst estimates, as the worst oil supply…

Two India-Bound LPG Tankers Clear Hormuz in Dark Mode

Two tankers carrying liquefied petroleum gas (LPG), the key cooking fuel in India, appear to have made the Strait of Hormuz transit with transponders off on part of the route…

China Still Cautious on Fuel Shipments Despite Eased Export Rules

Despite the easing of the Chinese restrictions on fuel exports, shipments so far in May have been nearly half the volumes from before the Iran war, the Financial Times reports,…

  • Gas
  • May 14, 2026
Video | Which sectors will drive hydrogen offtake in India?

gasworld Webinars Join the conversation. Hear from the people shaping the market. Stay plugged into the trends shaping the industrial gas sector. gasworld webinars bring together market leaders, analysts and…

JP Morgan Warns Oil Could Average $151 in Q4

In a report sent to Rigzone this week by Natasha Kaneva, J.P. Morgan’s head of global commodities strategy, J.P. Morgan warned that Brent could average as much as $151 per…

  • Gas
  • May 14, 2026
Protium acquires UK-backed green hydrogen project from Storegga

By 22 min ago 3 min read Protium has acquired the 15MW UK government-backed Cromarty green hydrogen project amid a wider portfolio gain from climate technology developer Storegga. Protium has…