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North America downstream news

 
 
 

Hexagon Composites to acquire Agility Fuel Solutions

By bringing together two leading players in clean energy, the two companies will become an even stronger force in driving energy transformation globally by promoting the alternatives of natural gas, biogas, hydrogen, propane and electrification. 

 
 
 
 
 
 

What next for the oil market as the US reimposes sanctions on Iran?

According to Wood Mackenzie, the oil market faces a precarious few months. The imposition of US secondary sanctions on Iranian exports today is the critical factor behind Brent’s rally to over US$80/bbl in October. There is enough supply to meet demand this winter, but the margin for error is narrow.