Oil leaps 3% on supply concerns as Iran conflict widens
TOKYO/SINGAPORE: Oil prices surged more than 3% on Thursday, extending a rally as the escalating U.S.-Israeli war with Iran raised fears of prolonged disruptions to vital Middle East oil and gas supplies.
Norway sees no room to boost natural gas output
Norway's natural gas producers are operating near full capacity, according to the country's energy minister, putting further pressure on European nations looking to fill depleted stockpiles of the fuel.
Oil prices rise 3% as Iran crisis disrupts Middle East supply
OIL prices rose 3% on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump suggested the U.S. Navy could escort vessels through the Strait of Hormuz.
Energy security intact despite disruptions
China's energy security is expected to remain fundamentally unaffected by the United States-Israel attack on Iran, which has cast a shadow on maritime operations through the Strait of Hormuz, a vital international waterway for oil and gas shipments, according to industry experts.
Solar-powered truck charging gains ground on South Africa’s freight corridors
Africa's freight corridors, long dominated by diesel trucks and constrained by unreliable power grids, are emerging as a new frontier in the global shift toward clean logistics, with solar-powered charging hubs designed specifically for heavy-duty electric trucks.
PETRONAS sees no disruption from mideast conflict for now
Malaysian energy giant Petroliam Nasional Bhd. said it is closely monitoring the conflict in the Middle East even though it has seen no direct impact on its operations so far.
Energy security remains robust despite risks
CHINA's energy security is expected to remain fundamentally unaffected by the United States-Israel attack on Iran that has cast a shadow on maritime operations through the Strait of Hormuz, a vital international waterway for oil and gas shipments, according to industry experts.
Oil spikes as widening Iran crisis disrupts flows through Hormuz
OIL surged by the most in four years as traders gauged the impact of the effective closure of the Strait of Hormuz triggered by US and Israeli strikes against Iran, and the latest exchanges of fire in the region.
PETRONAS to increase international upstream activity by 60% in 10 years, says COO
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) will increase its upstream activities internationally by 60 per cent in the next 10 years, as the group maintained a robust expenditure outlook despite shifting domestic sentiments.
Illinois governor to halt data centre tax perks
Illinois governor JB Pritzker is seeking to temporarily halt incentives for data centres in a bid to contain soaring power bills.
