Hormuz Blockage Puts Qatar's $83 Billion LNG Bet at Risk
QatarEnergy CEO and Qatar Energy Minister Saad al-Kaabi says the Strait of Hormuz crisis could delay the company's LNG expansion because critical equipment cannot reach …
Read Full ArticleRecord Diesel Prices Raise Fears of Local Fuel Shortages
Even as U.S. diesel and gasoline prices soared in the wake of the U.S.-Israeli war with Iran, both fuels remained widely available, just more expensive. …
Read Full ArticleHungary Asks U.S. to Waive Tariffs Over Russian Oil Purchases
Hungary is asking U.S. officials not to levy tariffs on the central European country which still buys Russian oil, in what could be a test …
Read Full ArticleThe Secret Houthi-U.S. Deal That Could Push Saudi Arabia Back to Beijing
Back at the start of the U.S.’s ‘Operation Epic Fury’, OilPrice.com predicted three courses of action that Iran would take as it moved through the …
Read Full ArticleWholesale Gas Prices Are Reaching Consumers Faster, ECB Says
The surge in wholesale natural gas prices is set to pass through the retail and electricity inflation in the Eurozone faster than in the past, …
Read Full ArticleRising Energy Costs Threaten UK Growth Despite 1.3% Expansion
The UK economy is forecast to grow in 2026, but rising energy bills and higher borrowing costs will weigh on activity in the second half …
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Jade to assess deeper gas potential at Mongolia’s TTCBM project
Jade Gas has outlined plans for 2D and 3D seismic surveys to assess whether its TTCBM in Mongolia contains additional gas-bearing horizons beneath the coal …
Read Full ArticleSaudi Arabia Reroutes Oil Exports as Houthi Strikes Target Yanbu
Satellite images gathered by Bloomberg show supertankers with capacity for 14 million barrels at Saudi Arabia's Gulf export terminals over the weekend, the highest tanker …
Read Full ArticleIndia's Coal Demand Set to Jump 4.2% as Plant Stocks Hit Critical Lows
The share of coal-fired power plants in India running on critically low levels of coal inventory has soared in recent weeks to nearly 40% of …
Read Full ArticleTrafigura Launches Volare Shipping to Cash In on Record Tanker Rates
One of the world’s biggest oil traders, Trafigura, is spinning off its supertanker business in a new company. Trafigura on Monday said it had established …
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Asia likely to account for entire global phenol capacity additions by 2030
Asia is likely to be the only region globally projected to register phenol capacity additions by 2030, driven by demand for primary downstream derivatives.
Read Full ArticleNorway's Arctic Oil Pitch Falls Flat in Brussels
The European Commission is expected to keep its current ban on oil and gas drilling in the Arctic despite months-long campaigning from Norway to lift …
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