US-Israeli war on Iran | Egypt Oil & Gas
UNCTAD Warns of Lasting Impact from Hormuz Shipping Crisis
The reopening of the Strait of Hormuz has eased immediate concerns over global energy supplies. Still, the economic fallout from more than three months of shipping disruptions is likely to persist across vulnerable ec...
China’s CATL Sees Energy Storage Business Reaching 50% of Global Sales by 2030
Chinese battery manufacturer CATL expects energy storage solutions to account for 50% of its global sales by 2030, up from around 25% currently, according to Reuters. Kevin Tang, CATL’s Director of Energy Storage Syst...
Global Oil Stocks Fall at Fastest Pace in Eight Years: Goldman Sachs
Global oil stocks are shrinking at a pace not seen in nearly eight years, with Goldman Sachs warning on May 4 that stocks could fall from 101 days of demand to 98 days by the end of May. The Days of Demand metric repr...
Kuwait Pushes Back Pipeline Bid Deadline Amid War Conflict
Kuwait Petroleum company (KPC), a state- owned oil company, has extended the deadline for preliminary bids on its crude oil pipeline network to April 28, citing disruptions from the US–Israeli war on Iran, according t...
ADNOC LNG Tanker Makes First Hormuz Crossing Since Conflict
A liquefied natural gas (LNG) tanker managed by the UAE’s ADNOC Logistics & Services has crossed the Strait of Hormuz and is now positioned off India’s west coast, according to Reuters. If verified, this would mar...Page 1 of 1
