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natural gas

Damaged Russian tanker to be towed to Libya: state-owned company

Damaged Russian tanker to be towed to Libya: state-owned company

A damaged Russian gas tanker that was abandoned in the Mediterranean will be towed to a Libyan port, according to a state-owned oil company in the north African country. The Arctic Metagaz was ferrying about 700 tonnes of fuel and a consignment of liquified natural gas (LNG) from Russia

Middle East war: global economic fallout

Middle East war: global economic fallout

Here are the latest economic events in the Middle East war: - Iran's Hormuz offer to Japan - Iran is willing to help Japanese ships sail the Strait of Hormuz, a vital route for global fuel supplies, Foreign Minister Abbas Araghchi told Kyodo News in an interview published on Saturday.

Trump says considering 'winding down' Iran war, US eases oil sanctions

Trump says considering 'winding down' Iran war, US eases oil sanctions

President Donald Trump said Friday that he was considering "winding down" military operations against Iran, as the United States temporarily eased sanctions on Iranian oil shipments to stem a global supply crisis. Iran launched a new wave of drone and missile attacks on Saudi Arabia and Israel meanwhile

DEQ takes comment on CHS Laurel project to improve refinery's water treatment process

The Montana Department of Environmental Quality is seeking public comment on an air quality permit for CHS’ Laurel petroleum refinery for the construction of four tanks and a new unit. The project is meant to improve the facility’s water treatment process. The development, situated roughly 520 feet from the

Netanyahu says Iran 'decimated,' Tehran targets Gulf petro-facilities

Netanyahu says Iran 'decimated,' Tehran targets Gulf petro-facilities

Israeli Prime Minister Benjamin Netanyahu said Thursday that Iran is being "decimated" and it is unclear who is in charge, as Tehran sent jitters through global markets by turning its sights on Gulf oil and gas facilities. Nearly three weeks into the Middle East war launched by Israel

California bill to suspend gas tax fails despite rising prices

(The Center Square) – A bill to suspend California’s gas tax for one year failed in committee at the Capitol. State Sen. Tony Strickland, R-Huntington Beach and author of Senate Bill 1035, told journalists Wednesday afternoon outside the same Sacramento committee room that California prices are only going to

US mulls lifting sanctions on Iranian oil at sea despite war on Tehran

US mulls lifting sanctions on Iranian oil at sea despite war on Tehran

US Treasury Secretary Scott Bessent said Thursday that Washington might lift sanctions on Iranian oil that is already being shipped, as energy prices soar due to the war in the Middle East. The deliberation comes as Washington scrambles to ease high energy costs that have been filtering down to US