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
Chinese Grid Operators Resist Plans to Boost Renewables to Power AI
Grid operators are concerned that the Chinese drive to hike the share of renewable electricity powering AI would raise the risks for power firms as peak demand at data centers…
Talks Between Iran and US Concluded Successfully, Pakistan PM Says
(Reuters) – Talks between Iran and the U.S. have concluded successfully in Switzerland, Pakistani Prime Minister Shehbaz Sharif said on Monday. “The discussions were held in a positive and constructive…
Iran Gets Oil Trading Respite from US
The US has authorized the sale of Iranian oil and petroleum products as part of the agreement to end the war against Tehran that President Donald Trump signed last week,…
Big Business Urges Faster Electrification
A group of major international corporations has urged governments to speed up the electrification of business to reduce reliance on “volatile fuel markets”, Reuters reported today, citing a letter penned…
Analysts Warn China’s Oil Demand May Never Fully Recover
China’s crude oil imports could remain permanently depressed, energy analysts have predicted, citing demand destruction resulting from the electrification of transport in the world’s largest oil importer. “Consumer behavior can…
Explosion at Qatar’s Ras Laffan LNG Injures Dozens
More than fifty people were injured, and 18 were still unaccounted for as of early Monday following an explosion and a fire at Qatar’s key LNG site, Ras Laffan, due…
India’s Imports of Russian Oil Set for New Record High
India is set to import a record-high volume of Russian crude in June as the Hormuz crisis and the U.S. waivers on Russia’s barrels have pushed the world’s third-largest crude…
Kuwait Offers Gulf Oil Loadings as Producers Seek Hormuz Outlet
Kuwait is offering naphtha for loading at its ports deep into the Persian Gulf in the first such tender in months, as Middle Eastern oil producers seek to raise shipments…
Iran’s Oil Exports Through Hormuz Hit Wartime High
Iran isn’t wasting any time moving its oil out of the Gulf via the Strait of Hormuz after the U.S. lifted the naval blockade outside the chokepoint and the U.S.…
China Builds New LNG Hub as Russian Imports Surge
China is preparing a second terminal to receive sanctioned Russian liquefied natural gas (LNG), as the country’s gas imports surge. According to an exclusive report by Reuters, the newly built…
