Hormuz Tanker Traffic Stalls at Two-Month Low as Attacks Escalate

Traffic at the Strait of Hormuz remains at the lowest in more than two months as security concerns have intensified with recent attacks on ships and persistent threats to shipping…

India’s HPCL Snaps Up Nigerian Crude To Dodge The Hormuz Bottleneck

Indian state-owned refiner Hindustan Petroleum Corporation Limited (HPCL) has bought 2 million barrels of crude from Nigeria, trading sources told Reuters on Tuesday, as India looks to offset the loss…

Pentagon Scraps $300 Million Lithium Tender for Defense Stockpile

The U.S. Department of Defense has canceled a tender to buy up to $300 million worth of lithium carbonate for the national strategic stockpile in another blow to the Administration…

US Oil Exports in July Fall to Lowest Level in Eight Months, Data Shows

Summary Share of crude exports to Asia shrinks to 40% in July from 52% in June US refinery utilization averages about 96.3%, highest since 2018, EIA data shows August, September…

Oil Gains Over 2% as Talks to End US-Iran War Remain Uncertain

Summary Brent and WTI crude prices down nearly 4% Qatar says efforts ongoing with all parties for diplomatic resolution to US-Iran conflict Shipping traffic at key Gulf waterways little changed…

Trump Blasts Exxon, Chevron for Making ‘Too Much Money,’ Demands Lower Gasoline Prices

Summary Trump calls out Exxon, Chevron following blowout earnings Trump says his administration saved the oil industry He says Chevron CEO failed to credit his administration for success WASHINGTON, Aug…

Marathon Petroleum Beats Quarterly Profit Estimates on Refining Margin Boom

(Reuters) – Marathon Petroleum’s  ​quarterly profit beat Wall Street’s ‌estimate on Tuesday, as fuel supply disruption from the U.S.-Israeli war ​on Iran pushed refining margins ​to multi-year highs. Shares of the…

  • Gas
  • August 4, 2026
Japan chemical firm bets on advanced reclamation to tackle fluorocarbon supply

Aohong Chemical Japan is investing ¥1.8bn ($11.4m) in what is set to become one of Japan’s largest fluorocarbon reclamation facilities, according to Japanese news source the Gas Review. The site…

NTPC Invites Bids For Two-Year O&M Contract At 25 MW Floating Solar Plant In Simhadri, Andhra Pradesh

NTPC Limited, under the Ministry of Power, has invited bids for a comprehensive biennial operation and maintenance (O&M) service contract for its 25 MWp Floating Solar PV Plant at NTPC…

GERC Extends Bid Submission Deadline For Consultancy On Ancillary Services Regulations In Gujarat

The Gujarat Electricity Regulatory Commission (GERC) has extended the deadline for submitting bids to appoint a consultancy firm that will assist in preparing its Ancillary Services and Demand Flexibility Regulations,…