energy
An uptick in Asian and European demand for US crude is among the first signs of mounting concerns over adequate oil supplies amid multiplying geopolitical flashpoints.
Two China-owned oil tankers loaded with Saudi Arabian crude exited the Red Sea via the Bab el-Mandeb chokepoint despite overnight Houthi attacks on vessels in the region.
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ALISO VIEJO, Calif.--(BUSINESS WIRE)--IHI Power Services Corp. (IPSC), a leading operator of power plants across the U.S., has a new name as it enters a new chapter. Effective today, IPSC officially becomes Kyuden Energy Partners Corporation, following the completion of its acquisition by Kyuden Int
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EXCLUSIVE: Buyers to press Qatar, UAE for cheaper, more flexible LNG deals after Hormuz shock Reuters
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QatarEnergy extends LNG force majeure and charters out tankers into October, sources say Reuters
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Asian refiners may wait an extra month for crude as tankers abandon the route through Bab al-Mandab
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Attack by Houthis on Saudi Arabian tankers in Red Sea threatens further squeeze on energy supplies
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Southeast Asia hosts security gathering amid Middle East turmoil Reuters
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Two Chinese supertankers with Saudi oil head to Bab el-Mandeb for Red Sea exit Reuters
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Cutting off Red Sea oil route may be one crisis too many Reuters