US Naval Blockade Squeezes Iran’s Oil Exports, Forces Crude Onto Floating Storage

(Reuters) – A U.S. naval blockade of Iranian ports has shrunk Tehran’s oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space,…

Russia Dismisses Price War Fears Following UAE Departure From OPEC+

Russia will remain in the OPEC+ group alongside the remaining OPEC members and doesn’t expect a price war following the abrupt exit of the United Arab Emirates, Russia’s Deputy Prime…

Crisis-Hit Southeast Asia Looks to Sign Petroleum Security Pact

The Association of Southeast Asian Nations (ASEAN) looks to ratify a petroleum security agreement, Philippine Trade Secretary Cristina Roque said on Thursday as Asian nations are reeling from the shock…

Tankers Move from Fuel to Crude Trade as War Upends Flows

The war in Iran and the closed Strait of Hormuz are accelerating a major shift in the oil tanker market, in which smaller tankers carrying fuels are becoming crude carriers…

  • Gas
  • April 30, 2026
ENEOS acquires 10% equity stake in Petrona’s MLNG Tiga terminal

By 19 min ago 2 min read Japanese liquefied natural gas (LNG) producer ENEOS Xplora (ENEOS) will re-enter Malaysia’s LNG Tiga project with a 10% stake, alongside majority stakeholder Petroliam…

  • Gas
  • April 30, 2026
EU backs ‘one-pot’ e-methanol push to cut costs and input energy

By 42 min ago 3 min read A new EU-funded project is targeting the cost and energy intensity of e-methanol production by integrating multiple process steps into a single system.…

  • Gas
  • April 30, 2026
Air Products confirms huge scale of expanding Samsung project

By 54 min ago 2 min read Air Products has talked more about a just-announced specialty gas facility it is . The industrial gas major presented its second-quarter results on…

  • Gas
  • April 30, 2026
Air Products taps stored helium at a cost as Qatar outage hits supply

© JHVEPhoto / Shutterstock.com By 30 min ago 2 min read Air Products says it is facing continued helium headwinds as prices decline while it taps higher-cost stored supply to…

  • Gas
  • April 30, 2026
Air Products navigates eight key end markets through crisis

By 39 min ago 2 min read Air Products is focusing on eight end markets as it strives to support customers and mitigate risks through the current energy crisis. The…

  • Gas
  • April 30, 2026
EU opens €600m call for cross-border energy project proposals

By 57 min ago 2 min read The EU’s Climate, Infrastructure and Environment Executive Agency (CINEA) has launched a fresh €600m ($703m) call for proposals for listed cross-border infrastructure projects…