US Drillers Cut Oil and Gas Rigs for Second Straight Week, Baker Hughes Says

(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second straight week for the first time since March, energy services…

Hormuz Reopening Not Like ‘Flipping a Switch’ for Rattled Oil Markets: Professor

Energy industry experts say it could be a while before any calm returns to rattled oil markets after Iran’s top diplomat declared the Strait of Hormuz “completely open” to commercial…

Oil Settles Down 9% After Iran Declares Strait of Hormuz Open

By Brent and WTI crude make largest daily drops since April 8 US-Iran negotiations progress, according to media report US military blockade of Iran remains in effect HOUSTON, April 17…

US Energy Department Restores Funding to Carbon Removal Projects

By WASHINGTON, April 16 (Reuters) – The Department of Energy will retain funding for major carbon direct air capture awarded under the Biden administration after targeting them for ​fund cancellation…

US Law Enforcement Raids Offices of Houston Fuel Trader Ikon Midstream

By , , and U.S. law enforcement executed a federal search warrant at Ikon Midstream’s Houston headquarters Company’s attorney said raid was triggered by Reuters’ October 2025 investigation into alleged…

Labor Dispute in Australia Could Further Hinder Global LNG Supply

A labor dispute could soon lead to industrial action at the Ichthys LNG plant offshore Western Australia, potentially further crippling global LNG supply at a time when 20% is already…

Oil Prices Sink 10% as Trump Announces Strait of Hormuz is Fully Open

Iran’s Foreign Minister Abbas Araghchi announced Friday that the Strait of Hormuz is “completely open” to commercial shipping for the remainder of the US-Iran ceasefire, a declaration that drew an…

Iran Says Hormuz Strait Now Completely Open

(Update) April 17, 2026, 2:17 PM GMT+1: Article updated with more detail throughout. Iran announced the Strait of Hormuz is now “completely open” for commercial traffic, a major step toward…

  • Gas
  • April 17, 2026
Podcast | UK CO2 shortages: what’s the story?

The 1895 Podcast The 1895 Podcast is a content-driven podcast for the global industrial gases business, bringing together topical news, views and analysis of the stories that matter in the…

  • Gas
  • April 17, 2026
Laser processing lifts MOF carbon capture performance by 75%, says research team

By 45 min ago 3 min read Researchers in South Korea have reported a carbon capture development using laser-based processing to enhance the performance of metal-organic frameworks (MOFs), a class…