Japan’s JERA Creates Oil Storage Firm to Manage National Reserve Sites
Alaska LNG Hinges on How Much Asian Buyers Will Pay for Energy Security
WTI Sinks Nearly 4% as EU Weighs Emergency Stockpile Release
Latest Dallas Fed Survey Reveals Theme Among Respondents
What is the near-term feasibility of helium-3 fuel for fusion power?
UN Says Global Fuel Subsidies Could Top $1 Trillion
JERA CEO Warns LNG Prices Have Further to Climb
Scaling up: Blue Star’s next phase in Colorado
Shougang, Rio Tinto commission carbon capture trial facility at China steel plant
Oil Prices Come Under Pressure
Swedish state taking majority stake in Videberg Kraft
In the spring amended budget for 2026, the government sought authorisation from the parliament – the Riksdag – to acquire 60% of the shares in Videberg Kraft for a maximum…
Rubio on Gulf Tour as Allies Sceptical About Iran Deal Seek Answers
(Reuters) – U.S. Secretary of State Marco Rubio held talks with the United Arab Emirates leader on Wednesday during a Middle East tour, seeking to reassure Gulf allies who view…
U.S. Crude Stocks at Cushing Hit Near 12-Year Low, Fuel Inventories Rise, EIA
HOUSTON, June 24 (Reuters) – U.S. crude stocks at Cushing fell to a near 12-year low last week, while gasoline and distillate inventories rose, the Energy Information Administration said on…
Iran, Oman to Coordinate Hormuz Transits
Shippers can transit the Strait of Hormuz via Iranian or Omani and US-coordinated waters, according to the International Maritime Organization, part of a broader plan to evacuate stranded vessels. The…
Adani Targets 10 GW Nuclear Power Capacity in India by 2035
Adani Group, the conglomerate of Indian billionaire Gautam Adani, could become India’s biggest private nuclear power capacity developer within a decade, targeting 10 gigawatts (GW) by 2035, as India opened…
UK Climate Panel Urges Faster Electrification to Lower Energy Bills
UK’s slower-than-expected electrification exposes households to fossil fuel price shocks, the country’s Climate Change Committee (CCC) said on Wednesday, urging faster electrification and removal of policy costs to lower the…
VLCC Earnings Near $470,000 a Day as Hormuz Hopes Drive Tanker Frenzy
Oil tanker rates have soared since the U.S. and Iran announced the memorandum of understanding as oil importers scramble to charter vessels to pick up Persian Gulf cargoes in the…
Oil Extends Losses on Expectations of Smoother Crude Flows via Hormuz
Drone view of oil tanker HELGA berthed at one of Iraq’s southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive…
US CFOs in Survey Say Firms Mostly Absorbed Oil Price Shock
Summary CFOs cut expected US economic growth to 1.8% from 2.1% in quarterly Fed poll Firm-level optimism rose while hiring plans remained steady, the survey showed Firms saw little hit…
Global Physical Crude Markets Mired in Discounts as Middle East Ramps Up Supply
(Reuters) – Physical crude oil cargoes are selling at discounts across the globe, changing trade flows as markets come under pressure from fast-rising Middle Eastern supply with Iran set to…
