US Has More Natural Gas Than It Can Use as War Chokes Global Supply
By , , , and A gas flare near Mentone, Texas. Photographer: Bronte Wittpenn/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: As the Iran war…
Why $100 Oil is No Longer Spooking Equity Markets: Stephen Jen
(Reuters) – Why have global equity markets been so resilient to the Iran oil shock? Because $100 a barrel oil doesn’t mean what it used to. Brent crude has risen…
US Naval Blockade Squeezes Iran’s Oil Exports, Forces Crude Onto Floating Storage
(Reuters) – A U.S. naval blockade of Iranian ports has shrunk Tehran’s oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space,…
Russia Dismisses Price War Fears Following UAE Departure From OPEC+
Russia will remain in the OPEC+ group alongside the remaining OPEC members and doesn’t expect a price war following the abrupt exit of the United Arab Emirates, Russia’s Deputy Prime…
Crisis-Hit Southeast Asia Looks to Sign Petroleum Security Pact
The Association of Southeast Asian Nations (ASEAN) looks to ratify a petroleum security agreement, Philippine Trade Secretary Cristina Roque said on Thursday as Asian nations are reeling from the shock…
Tankers Move from Fuel to Crude Trade as War Upends Flows
The war in Iran and the closed Strait of Hormuz are accelerating a major shift in the oil tanker market, in which smaller tankers carrying fuels are becoming crude carriers…
ENEOS acquires 10% equity stake in Petrona’s MLNG Tiga terminal
By 19 min ago 2 min read Japanese liquefied natural gas (LNG) producer ENEOS Xplora (ENEOS) will re-enter Malaysia’s LNG Tiga project with a 10% stake, alongside majority stakeholder Petroliam…
EU backs ‘one-pot’ e-methanol push to cut costs and input energy
By 42 min ago 3 min read A new EU-funded project is targeting the cost and energy intensity of e-methanol production by integrating multiple process steps into a single system.…
Air Products confirms huge scale of expanding Samsung project
By 54 min ago 2 min read Air Products has talked more about a just-announced specialty gas facility it is . The industrial gas major presented its second-quarter results on…
Air Products taps stored helium at a cost as Qatar outage hits supply
© JHVEPhoto / Shutterstock.com By 30 min ago 2 min read Air Products says it is facing continued helium headwinds as prices decline while it taps higher-cost stored supply to…


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