Chinese Teapots Snap Up Middle East Crude As Prices Slide

Chinese private refiners are buying Middle Eastern crude on the spot market amid falling prices, Bloomberg reported today, citing two purchases of Saudi and Emirati crude. According to the report,…

AI Boom Drives Record Surge in Battery Demand

Battery demand has soared in recent months as developers of data centers and AI computing are increasingly relying on battery energy storage to manage power surges, executives at battery start-ups…

Saudi Arabia Rushes Crude Exports Through Reopened Strait of Hormuz

About 10 million barrels of Saudi crude have cleared the Strait of Hormuz in recent days, as supertankers continue to load oil from the Saudi port of Ras Tanura in…

Japanese Banks Commit $496 Million to India’s Power Grid Expansion

Japanese banks are set to provide financing of up to the equivalent of $496 million for a key grid transmission project in India under a new Asian framework on energy…

India Fast-Tracks State Company Stake Sales to Cover Oil Shock Costs

India is accelerating a plan to sell stakes in major state-held companies as it looks to raise billions of U.S. dollars to plug the gap left by the oil shock…

  • Gas
  • July 2, 2026
QatarEnergy extends force majeure with Edison

By 38 min ago 2 min read QatarEnergy has extended force majeure with Italy-based utility Edison, saying it will not deliver an additional four LNG cargoes schedules for the Adriatic…

  • Gas
  • July 2, 2026
Yara to acquire $1.3bn grey ammonia facility in Texas City

By 16 hours ago 2 min read Fertiliser major Yara will acquire a 1.3 million tonnes per year grey ammonia plant in Texas City for $1.3bn, after confirming it would…

  • Gas
  • July 2, 2026
Yara to acquire $1.3bn grey ammonia facility in Texas City

By 59 min ago 2 min read Fertiliser major Yara will acquire a 1.3 million tonnes per year grey ammonia plant in Texas City for $1.3bn, after confirming it would…

  • Gas
  • July 2, 2026
TGE Marine retrofit targets boil-off gas efficiency on LNG bunkering vessel

By 2 min ago 3 min read Germany-based construction engineering company TGE Marine has completed an engineering retrofit on a liquefied natural gas (LNG) bunkering vessel designed to improve the…

Oil Falls for a Third Straight Day After US, Iran Conclude Talks in Doha

Summary US, Iran talks conclude in Doha, focused on Strait of Hormuz Nigeria joins International Energy Agency as an associate member Ukrainian military hits Russian oil refinery in Kstovo July…