EU approves €659m German state aid for four semiconductor facilities
Blue Star completes early Pinyon Canyon commissioning
Dubai Is Already Planning for the Next Strait of Hormuz Crisis
Oil Prices Surge 8% After Trump Reimposes Iran Blockade
OPEC Cuts Demand Forecast Again as the Oil Market Starts Looking Past Hormuz
Oil Prices Have Jumped 12% Since Friday as War Risks Return
China’s Crude Oil Imports Crash to Decade Low as Hormuz Crisis Bites
Iran Sneaks 12 Million Barrels Past Renewed U.S. Oil Blockade
China Cuts Saudi Crude Orders as Hormuz Risks and Discounts Reshape Trade
Escalations Damage Hormuz Media Narrative
Saudi Pushes White House to Prolong Iran War as Brent Tops $100
Saudi Arabia is publicly calling for regional stability. Peace, even. But privately, the Kingdom is pushing the White House to press on with its campaign against Iran, with oil prices…
US Crude Oil, Product Inventories Rise
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.3 million barrels in the week ending March 20. In the week prior, US…
Oil Rally Gives Russia an Excuse to Delay Crucial Budget Reform
Russia was all set to tighten the screws on its own oil dependence, but the oil price spike is causing it to rethink its plan. Moscow has hit pause on…
Rolls-Royce SMR, Studsvik enhance collaboration
The agreement, signed in Stockholm, enables the two companies to evaluate Studsvik’s capabilities and facilities and further explore ways they can support the future deployment of Rolls-Royce SMR’s ‘factory-built’ nuclear power…
Nigeria fast-tracks permits to revive idle oil wells, boost production
(Bloomberg) – Nigeria has slashed the time it takes to approve applications to revive idle oil wells from weeks to hours as Africa’s top crude producer seeks to take advantage…
German energy minister calls nuclear phase-out ‘huge mistake’
Speaking at the CERAweek international energy event in Houston, Texas, she said that prices of petrol, diesel and jet fuels in Germany were spiking “but we don’t see any scarcities in…
