Global Oil Inventories Drift Toward Record Lows

Global crude oil inventories are approaching a record low as the war in the Middle East continues, decimating tanker traffic via the Strait of Hormuz, Goldman Sachs commodity analysts have…

Australian State Bets on Biodiesel To Reduce Reliance on Oil

Australia’s state of Queensland will pour A$25 million in biodiesel production project in a bid to reduce its reliance on imported fuel amid a severe supply crunch resulting from the…

Oil Prices Rise After Reports Container Ships in Hormuz Hit by Gunfire

Summary US announces ceasefire extension with Iran Ships attacked by gunfire in Strait of Hormuz API shows drops in US crude, fuel and distillate stocks, sources say (Reuters) – Oil…

  • Gas
  • April 22, 2026
Texan start-up targets disused oil wells for low-cost hydrogen extraction

By 26 min ago 2 min read Engineering firm Wood will work with start-up Eclipse Energy on producing hydrogen from disused oil wells using microbes at a target price of…

  • Gas
  • April 22, 2026
Texan start-up target disused oil wells for low-cost hydrogen extraction

By 26 min ago 2 min read Engineering firm Wood will work with start-up Eclipse Energy on producing hydrogen from disused oil wells using microbes at a target price of…

  • Gas
  • April 22, 2026
Video | How LNG expansion could impact global helium supply

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Australia Boosts Local Battery Manufacturing With $2.3 Million Grant To Powerplus Energy

Representational image. Credit: Canva The Australian federal government has taken a significant step to strengthen its clean energy sector by awarding a $2.3 million grant to PowerPlus Energy, a local…

Trump Extends Iran Ceasefire Until Talks Conclude “One Way or the Other”

At the request of Pakistan, U.S. President Donald Trump is extending the U.S.-Iran ceasefire until negotiations with Iran conclude one way or the other, the U.S. leader said in a…

Iran’s Covert Oil Trade Persists Despite U.S. Blockade

Iran continues to export its oil out of the Persian Gulf via the Strait of Hormuz using dark mode on tankers to move past the U.S. blockade outside the world’s…

Trump Weighs Extending the Jones Act Waiver to Ease Fuel Prices

U.S. President Donald Trump is considering extending the two-month waiver of the Jones Act to ease fuel prices that have spiked following the war in Iran, Axios reported on Wednesday,…