NEOM Green Hydrogen Plant Enters Commercial Production, World's Largest Comes Online in Saudi Arabia

The $8.4 billion NEOM Green Hydrogen joint venture has begun commercial output, shipping the first ammonia cargoes to Europe and reshaping t…

US to Overtake Qatar as World's Largest LNG Exporter in 2026 as Plaquemines Reaches Full Capacity

Venture Global's Plaquemines facility brings final trains online, pushing total US liquefaction capacity past 130 bcm and making America the…

EV Demand Growth Slows; Refiners Lift 2026 Gasoline Outlook as Internal Combustion Proves Resilient

US and European refiners are revising gasoline demand forecasts upward as EV sales growth cools, hybrid adoption surges, and the legacy flee…

Latin American Refining Reset: Dos Bocas Ramps Up and Cuba Pushes Refinery Revival

Mexico's Olmeca refinery at Dos Bocas is moving toward full capacity while Cuba seeks Russian and Chinese partners to revive Cienfuegos, sig…

Red Sea Tensions Drive Tanker Freight Costs Up 60% and Force Global Reroute Through Cape of Good Hope

Continued Houthi attacks and naval escalation in the Red Sea have lifted clean and dirty tanker rates by 60%, pushing crude and product flow…