Supertanker Rates Hit Record $1.4 Million a Day
Russian Oil Flows to India Plunge to 310,000 Bpd
U.S. and Russia Discuss Reviving Russian Gas Sales to Europe
Gevo delivers 10,000 CDR credits from North Dakota BECCS facility
GCE opens India medical gas centre amid healthcare infrastructure expansion
First Deep-Gulf Tanker Attack in Nearly a Month Hits Vessel off Qatar
India’s Inflation Likely Hit 5.4% in September as Oil Costs Bite
Equinor Finds New Gas at Norway’s 40-Year-Old Gullfaks Field
EIA Boosts Oil Price Forecast by $5 in 2026, $10 in 2027
Video | What space needs from the gases industry
Shell and INEOS Strike Gulf of Mexico Exploration Deal
Shell and INEOS Energy have agreed to jointly invest in exploration and development opportunities in the U.S. Gulf of Mexico, the UK-based energy unit of chemicals giant INEOS said on…
Trump Says Iran “Should Wave the White Flag of Surrender”
(Reuters) – President Donald Trump on Tuesday dismissed Iran’s military capability and said Tehran “should wave the white flag of surrender” but is too proud to do so. Trump told…
Iraq Offers Huge Discounts for Crude Shipments via Hormuz
OPEC’s second-largest producer, Iraq, is offering huge discounts of up to $33.40 per barrel off the official selling prices for its crude that has to move through the Strait of…
Duke Energy Tops Profit, Revenue Estimates on Rate Recovery, Weather Boost
May 5 (Reuters) – Utility Duke Energy (DUK.N) exceeded Wall Street expectations for first-quarter profit and revenue on Tuesday, supported by the recovery of rate-based infrastructure investments and favorable weather.…
Marathon Petroleum Profit Beats Estimates as Iran War Drives Refining Margins
May 5 (Reuters) – Marathon Petroleum (MPC.N) on Tuesday beat Wall Street estimates for first-quarter profit, benefiting from stronger refining margins amid tighter global supply driven by the Middle East…
Middle East Truce in Doubt as US and Iran Fight for Control of Strait of Hormuz
(Reuters) – The fragile truce in the Middle East was in jeopardy on Tuesday after the U.S. and Iran launched new attacks as they wrestled for control of the Strait…
Goldman Sachs: Global Oil Inventories Fall to 8-Year Low
Global oil inventories are crashing and approaching an eight-year low, with the rate of depletion so fast that it exposes the market to further shocks, according to Goldman Sachs. Total…
Norway’s $2.2T Fund Accused of Backing Big Oil
The world’s biggest sovereign wealth fund, Norway’s $2.2-trillion Government Pension Fund Global, has dropped its active voting engagement on climate issues at the biggest oil firms in which it has…
Ships Cluster Off Dubai as Iran Expands Area of Control at Hormuz
About five dozen vessels moved toward Dubai in just one day, joining a growing cluster of at least 363 ships currently off the emirate in the Persian Gulf as Iran…
Ukraine Hits 400,000 bpd Kirishi Refinery in Drone Attack Near St. Petersburg
One of Russia’s largest oil refineries, the 400,000 barrels-per-day Kirishi refinery southeast of St. Petersburg, was on fire early on Tuesday following drone attacks overnight, Bloomberg reports, citing satellite images…
