Severe Storms Leave More Than 620,000 U.S. Customers Without Power
Severe storms have left more than 620,000 customers in the United States without power as of late on Sunday amid extreme weather in several states in recent days, with up…
More European Investors Oppose Norway’s Push for Arctic Oil Drilling
Six more financial institutions from Northwestern Europe have voiced their opposition to plans by Norway to pursue Arctic oil drilling in a bid to boost Europe’s supply security. According to…
Pakistan Buys Second Spot LNG Cargo as Supply Crunch Persists
Pakistan has bought its second spot market LNG cargo in as many weeks, in a sign that flows of liquefied gas out of the Persian Gulf have been slow to…
South Korea Charges Refiners With Gas Price Gouging
South Korean prosecutors have charged all four refiners in the country with collusion on fuel prices that resulted in $17 billion in harm, Reuters has reported, citing the Korean authorities.…
OPEC Oil Production Jumps, But Gulf Supply Is Still Far From Normal
OPEC’s oil production rebounded sharply in June as Gulf producers finally began bringing shut-in barrels back online after months of war-induced disruptions. But despite the impressive headline number, the cartel…
Russia Scrambles for Asian Jet Fuel as Crisis Deepens
Russia’s fuel crisis has reached the point where one of the world’s biggest oil producers is preparing to import jet fuel. According to Reuters, Russia is set to receive at…
Hysata secures debut order for ‘megawatt-scale’ capillary-fed electrolyser
By 41 min ago 2 min read Australian hydrogen start-up Hysata has received the first commercial order for a “megawatt-scale” capillary-fed alkaline electrolyser, which it claims achieves 95% efficiency. The…
High UK industrial electricity prices will cause £85bn economic hit
By 45 min ago 3 min read Manufacturers are warning of an estimated £85bn hit to the UK economy from lost production if the incoming government does not act to…
Adnoc launches integrated LNG platform
By 18 min ago 2 min read UAE energy group Adnoc is to combine the marketing of Adnoc Gas and investment firm XRG with its trading arm to create a…
Tankers Cross Hormuz Near Oman
Oil and gas shipping along a US-protected corridor in the Strait of Hormuz showed signs of recovering Sunday, a day after a batch of vessels performed unexplained U-turns and detours…
