India reduces import taxes on petrochemicals in order to support local industry
India has abolished import taxes on petrochemicals that are used to make plastics, pharmaceuticals and other goods. This is after the government invoked emergency powers…
Oil shock resilience in march - or just smoke and mirrors? Mike Dolan
The energy shock caused by the Iran war is unprecedented. So far, the real economy has been hit hard. The fact that the only immediate information available is market sentiment…
Palm prices rise on Mideast unrest and weak supply outlook
Malaysian palm oil futures rose more than 1% after the previous session. Prices were supported by the uncertainty surrounding the Middle East conflict and expectations of a drop in March production.
Gas prices in Europe fall after Trump announces US withdrawal from Iran War
The benchmark Dutch and British wholesale gasoline prices dropped 'on Wednesday afternoon, after U.S. president Donald Trump said the United States would end their war against Iran 'fairly soon.
A krill harvesting vessel and an activist vessel collide off Antarctica
Aker QRILL, the owner of the vessel, confirmed that an environmental activist vessel had collided with a Norwegian krill harvesting vessel on Tuesday, damaging its hull.
Russia claims that OPEC+ monitor panel will likely discuss oil price increase
?Russian foreign?ministry? said?on?Wednesday that it expects OPEC+ to discuss the recent increase in oil prices at its meeting on April 5th. Brent front-month futures have…
Palm oil futures decline despite Indonesian biodiesel drive
Malaysian palm futures declined on Wednesday. This was a reversal of?course following four consecutive sessions of gains. The benchmark palm oil contract for June delivery…
Data shows that Russia exported more LNG to Europe in the first quarter.
The first quarter of 2026 saw Russia export more liquefied gas than it had a year earlier. Shipments to Europe increased despite Moscow's efforts to "redirect" supply away from the region.
US firm Virtus launches Chemaf Transition in Congo Mining Partnership
?U.S. Virtus Minerals announced?on?Wednesday that it was working to restart Congolese copper and cobalt producer Chemaf’s mines, after receiving regulatory approval. This…
Gas prices in Europe fall amid hopes that the Iran war will end soon
The benchmark Dutch and British wholesale gasoline prices dropped on Wednesday morning, based on the hope that the Middle East conflict would soon be resolved following the comments of U.S.
China, well-positioned in a tight global market sells record LNG volumes
Chinese firms are reselling record amounts of LNG to cash in on the soaring spot prices. China has plenty of 'domestic gas and pipeline gas' to meet its weakened demand…
Palm oil prices rise for the fifth consecutive day as biodiesel and crude oil boost palm prices
The market for Malaysian palm oils futures rose on Wednesday for the fifth consecutive session, as the market was supported by the announcement of Indonesia's rollout of…
India increases jet fuel and commercial LPG prices in response to the Mideast crisis driving global surge
Indian fuel retailers increased jet fuel - and commercial liquefied petrol gas (LPG), prices on Wednesday. This was in response to a sharp rise in global prices caused by the U.S./Israeli war on Iran.
Microsoft, Chevron, and Engine No. Exclusive power supply agreement signed by Microsoft, Chevron and Engine No.
Microsoft, Chevron, and Engine No. The three companies announced on Tuesday that they had entered into a power supply and generation exclusivity agreement. Microsoft and…
HMH Holding raises more than $210 million through its US IPO
HMH Holding, an oil and?gas equipment manufacturer in the United States, raised more than $210 million on Tuesday after pricing its U.S. initial public offering within its range.
Sources say that Addison is retiring as the architect of the US-Venezuela trade deal.
John Addison is Vitol’s top U.S. gas trader. He helped his firm secure a deal this year for the first Venezuelan oil exports following Nicolas Maduro’s capture by U.S. troops.
US gas prices reach $4 per gallon due to the Iran war which has wreaked havoc on energy supplies worldwide
The U.S. average gas prices rose to $4 per gallon for the first time since more than three years on Monday, according to data from the price tracking service, GasBuddy.
Solar boost has seen renewables reach almost 50% of global capacity by 2025.
Data from the International Renewable Energy Agency, which was shared with us exclusively on Tuesday, showed that renewable power accounted for almost half of 'world's electric capacity in 2013.
Golden Pass, a joint venture between ExxonMobil and QatarEnergy, produces the first LNG in a new Texas facility
Golden Pass 'LNG, a joint-venture between QatarEnergy and Exxon Mobil has produced its first liquefied gas at its Texas facility, the company announced on Monday. This is…
Trump warns Iran again to open Strait of Hormuz
President Donald Trump stated on Monday that the United States is in talks with "a more reasonable regime" about 'ending the war' in 'Iran. He also repeated his warnings to Tehran…