US Gulf Coast Tanker Market Tightens as Asia Seeks to Replace Lost Supply

(Reuters) – Oil tanker availability along the U.S. Gulf Coast has dropped sharply in recent weeks, as Asian and European refiners cut off from Middle Eastern supply have been snapping…

EU Warns Energy Prices Won’t Fall Even If Iran War Ends Tomorrow

Oil and gas prices will not return to pre-war levels soon even if the conflict in the Middle East were to end today, Dan Jørgensen, European Commissioner for Energy and…

BP’s New CEO Pledges Consistency as Company Tries to Rebuild Investor Trust

BP’s new chief executive officer Meg O’Neill has pledged consistency and clear direction in her first message to staff as she takes over the top job at the UK-based supermajor…

  • Gas
  • April 1, 2026
IMI appoints new APAC managing director for industrial automation

UK-based global engineering company IMI has appointed Harry Deng as Managing Director for its Industrial Automation business in Asia-Pacific. Deng will oversee strategy and operations across key markets including China,…

  • Gas
  • April 1, 2026
Quantum Helium gets approval for Sagebrush-1 testing in Colorado

Helium exploration company Quantum Helium will carry out an extended helium production test of its Sagebrush-1 reserve in southwest Colorado over the coming weeks. The production testing should confirm flow…

  • Gas
  • April 1, 2026
China and Russia raise domestic helium capacity in response to Gulf supply cuts

China is to add 250 million standard cubic feet (mmscf) a year of domestic helium capacity from next month and Russia plans to add 700 mmscf/year from the third quarter.…

  • Gas
  • April 1, 2026
China raises domestic helium capacity in response to Gulf supply cuts

China is to add 250 million standard cubic feet (mmscf) a year of domestic helium capacity from next month. It takes China’s helium capacity to 750 mmscf annually. The increase…

Hegseth Says Iran War at Decisive Moment, Tehran Threatens US Businesses in Region

Summary Iran threatens to target major US companies in retaliation for attacks Oil prices surge after tanker attack in Gulf (Reuters) – U.S. Defense Secretary Pete Hegseth said on Tuesday…

Constellation Plans $3.9 Billion Capex, Lifts Buyback Amid Clean Power Demand

March 31 (Reuters) – Nuclear power producer Constellation ​Energy (CEG.O) on Tuesday said it plans $3.9 billion in capital spending and raised ‌its share buyback authorization to $5 billion, as…

U.S. TOPS THE LIST – Half the World’s Oil Comes From Just Five Countries – Visual Capitalist

By | Design Key Takeaways The U.S. was the world’s largest crude oil producer in 2025 at 13.58 million barrels per day, ahead of Russia (9.87) and Saudi Arabia (9.51).…