First Mexican Fuel Oil Cargo in 9 Months Arrives in Asia

The first fuel oil cargo from Mexico has just arrived in Asia, in a first such shipment in nine months, as high Asian prices draw supplies from other regions amid…

Iraq Denies U.S. Claim Deputy Minister Helped Iran’s Oil Sales

Iraq’s Oil Ministry has denied that its deputy minister was involved in opaque sales of Iraqi oil mixed with Iranian crude for Iran’s benefit, as the U.S. alleged on Thursday…

  • Gas
  • May 8, 2026
CF Industries warns LNG shortages could extend ammonia crunch into 2027

By 32 min ago 4 min read Global fertiliser producer CF Industries has warned that widespread ammonia plant shutdowns, liquefied natural gas (LNG) shortages and geopolitical disruptions could keep global…

  • Gas
  • May 8, 2026
German state could build 800MW hydrogen-ready gas plant

By 58 min ago 3 min read The German state of Bavaria could build a new 800MW hydrogen-ready combined cycle gas turbine (CCGT) power plant. A letter of intent between…

Trump’s Crackdown on China-Linked Solar Firms stalls U.S. Factory Boom

Summary Installers, banks, insurers shun China-linked U.S. solar factories Industry awaits guidance on new subsidy restrictions Financing delays threaten new U.S. power capacity as demand soars (Reuters) – Top solar…

Shale Producer Devon Energy Approves $8 Billion Share Buyback Plan

U.S. oil and gas producer Devon Energy said on Thursday its board had approved a $8 billion share repurchase program, a week after activist investorKimmeridge called for higher shareholder returns.…

  • Gas
  • May 8, 2026
Latvia greenlights €5m biomethane grid project

By 24 min ago 2 min read The Latvian government has approved proposals by the Ministry of Climate and Energy for the construction of two new biomethane injection points at…

More Than 40 India-Bound Ships Remain Trapped Near Hormuz

More than 40 India-bound vessels, nearly half of which carry energy products, are still trapped in the Persian Gulf, unable to pass through the Strait of Hormuz, officials told Indian…

Global Jet Fuel Exports Hit 10-Year Seasonal Low in April

Global seaborne jet fuel exports crashed to a seasonal low in April as supplies remained trapped in the Middle East and Asian refiners slashed run rates amid lower crude availability,…

First Oil Tanker Reaches South Korea Through Hormuz Since War Began

An oil tanker that had passed through the Strait of Hormuz in mid-April arrived on Friday at a port in South Korea, shipping the first crude cargo to the country…