Iran War: The Strait of Hormuz Oil Shock Is Now Heading West

CDN and International News, Conventional Energy, Latest, Oil / By

By Alex Longley, Julian Lee, Alaric Nightingale, Kevin Crowley, Yongchang Chin, Sherry Su, Charles Gorrivan, Devika Krishna Kumar, Priscila Azevedo Rocha, John Ainger, Jorge Valero, Grant Smith, Bill Lehane, Lucia Kassai, Ruth Liao, Mia Gindis, Jack Wittels, Emma Sanchez, Rong Wei Neo, Maddie Parker, Tom Orlik, Reade Pickert, Mitchell Ferman, Stephen Stapczynski, Prejula Prem, Graphics by Tom …

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US Natural Gas Falls on Warmer Outlook, Growing Storage Surplus

Conventional Energy, Latest, LNG, Natural Gas, US News / By

By Julian Hast US natural gas futures ended lower on forecasts showing warmer weather than previously expected in the eastern US, as well as market expectations that domestic stockpiles will increase relative to seasonally normal levels in the coming weeks as demand lowers moving into spring. US gas storage levels, which were up by 14 …

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Brent Eyes Record Monthly Rise; US Crude Settles Above $100 as Houthis Join Iran War

CDN and International News, Conventional Energy, Latest, Oil / By

By Siddharth Cavale Analysts flag concern over Saudi oil exports from Red Sea G7 nations are ready to take steps for energy stability NEW YORK, March 30 (Reuters) – Oil prices closed higher on Monday, with Brent heading for a record monthly rise, while U.S. crude futures settled above $100 a barrel for the first …

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Japan Asks G7 to Prepare More Measures to Stabilise Energy Markets

CDN and International News, Conventional Energy, Latest, Oil / By

Japan called on the Group of Seven wealthy nations and the International Energy Agency to be ready to take further flexible measures to stabilise energy markets if the Iran war drags on, its industry minister said on Monday. Those actions could include additional coordinated oil stockpile releases at an appropriate time, Ryosei Akazawa told reporters …

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Shell Warns Australia Against Taxing LNG Windfall Profits

CDN and International News, Conventional Energy, Latest, LNG / By

Shell says windfall taxes risk deterring future gas investment Australia’s LNG export revenues set to surge on supply shock SYDNEY, March 31 (Reuters) – Shell (SHEL.L) has warned Australia against ​introducing a windfall tax on gas exporters, saying such a move ‌would deter investment and undermine energy security as LNG prices surge following disruption to …

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What G7 Countries are Doing to Cap Energy Prices

CDN and International News, Conventional Energy, Latest, Natural Gas, Oil / By

BRUSSELS, March 30 (Reuters) – Energy prices around the world have soared after Iran closed the Strait of Hormuz in response to U.S.-Israeli attacks, leaving many Group of Seven and EU governments seeking ways to lessen the impact on their economies. Finance and energy ministers of ​the G7 – the United States, Canada, Japan, Britain, …

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EU Energy Ministers Seek to Coordinate Iran War Response

CDN and International News, Latest / By

By Kate Abnett Video conference planned for 1300 GMT Tuesday Focus on gas storage, stabilising oil product markets Alarm over tightening supplies of diesel and jet fuel BRUSSELS, March 30 (Reuters) – European Union energy ministers will hold talks on Tuesday to coordinate their response to the disruption to oil ​and gas markets triggered by …

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Why Scaling Pneumatic Emissions Hinges on Simplicity

Featured Articles, Latest / By

Most conversations about pneumatic emissions abatement start in the right place—a site, a device count, a vent rate, a regulatory deadline. An operator identifies a handful of facilities that need to move to zero-emissions pneumatics, evaluates the available solutions, and makes a decision. At that scale, almost any approach can technically work. The real question …

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