Goldman Sachs Warns Oil Could Hit $120 as Shipping Risks Rise

Oil prices could surge to as much as $120 per barrel if attacks on shipping in the Middle East intensify, according to Goldman Sachs. “Events over the last few days…

India’s Crude Oil Benchmark Tops $100 as Middle East War Escalates

India’s average crude import price soared to above $100 per barrel at the end of last week and is set to further rise this week as international crude prices rallied…

India Ramps Up Rail Coal Deliveries as Power Plant Stockpiles Dwindle

Indian coal companies are ramping up supply to the coal-fired power plants as coal stocks at dozens of the plants dropped to critically low levels, India’s Ministry of Coal said…

Iran Says It Will Control New Hormuz Shipping Corridor

Iran said Monday that it is preparing to sign an agreement with Oman establishing a new shipping corridor through the Strait of Hormuz under Iranian control, with vessels required to…

  • Gas
  • September 7, 2026
CO2Meter celebrates 20 years of business

By 19 min ago 2 min read Florida-based gas detection specialist CO2Meter is celebrating 20 years of business, marking two decades of changes in gas detection technology, regulation, and the…

  • Gas
  • September 7, 2026
Data centres to drive LNG demand growth in Southeast Asia, says Wood Mackenzie

The hyperscale data centre boom sweeping Asia is set to drive LNG demand growth in Southeast Asia, while South Asia remains largely out of reach for gas, according to new…

Venezuela OPEC Exit ‘Structurally Likely’

Venezuela’s exit from the OPEC group is “structurally likely” but not for now, Kpler Senior Commodity Analyst Homayoun Falakshahi outlined in a market update sent to Rigzone recently. “Venezuela is…

  • Gas
  • September 7, 2026
Silicon Labs launches TSIF-backed Austin wireless chip R&D centre

By 46 min ago 2 min read Global technology firm Silicon Labs has opened an $80m chip design and testing research and development (R&D) centre at its Austin, Texas, headquarters.…

  • Gas
  • September 7, 2026
Analysis: Will rise in tech solutions cut scope 3 emissions?

Analysis: Will rise in tech solutions cut scope 3 emissions? | Carbon Dioxide | gasworld By 10 min ago 1 min read Reducing scope 3 carbon emissions is the hardest…

Shipping Fuel Shortage Looms as Refiners Prioritize Diesel

Supply of fuel oil for the shipping industry is getting squeezed by the war-driven tightness in diesel fuel, as refiners prioritize the latter over the former, Reuters has reported, with…