Mubadala Energy, CPP Investments and BlackRock among investors providing $9.75bn for Commonwealth LNG
Lower prices for crude to be delivered at a later date do not mean traders are predicting a sharp fall
Also in this newsletter: government to invest $4bn in coal gasification
Protests erupt as energy minister admits island has ‘absolutely no’ supplies or reserves
Plus, US oil producers aren’t drilling
Suriname, South America’s smallest and greenest country, is tying its future to a $10.5bn offshore oil development led by TotalEnergies
Data suggests shipments of refined fuels are not picking up in blow to Asian economies starved of supplies by Iran war
Strait of Hormuz blockade prompts shortage of raw materials for everything from water bottles to car parts
Suriname, South America's smallest and greenest country, is tying its future to a $10.5bn offshore oil development led by TotalEnergies
Geothermal generator Fervo uses renewable energy technology that has garnered rare administration support
Riyadh wanted to show it was defending itself but told Tehran it was not joining broader US-Israeli assault
Russia’s Lukoil sold the ISAB plant in 2022 to a Cypriot company backed by the convicted Israeli tycoon
Government wants to curb non-essential imports to protect the rupee
Iran war has cut into oil consumption but not enough to halt ‘rapid’ draw on inventories
Building schemes around the world are being held up by shortages of products derived from oil
UK watchdog rules jewellers cannot use ‘diamond’ in isolation in synthetic stones’ adverts
Cove Kaz Capital has already secured up to $1.6bn in government support for project in Kazakhstan
Policy indecision comes amid discontent over high prices which have contributed to fall in president’s approval ratings
Calbee to drain colour from packaging in response to rising prices of petroleum-based inks
Damage to Habshan facility highlights lasting impact of Middle East conflict on Gulf energy exports
Exxon and Shell among those resuming Arctic exploration in Trump’s ‘drill, baby, drill’ era
Traders expect corn and soyabeans to soar as demand for alternative fuel sources rises
Middle East conflict pushes up price of cooking fuel and sends many urban migrants back to villages
Republican Senator Josh Hawley introduces legislation after Donald Trump backs move
Oil prices climb again as Washington and Tehran fail to agree terms to end war and reopen Strait of Hormuz