Oil Rises on Upbeat China Data, Shaky Israel-Lebanon Ceasefire
Summary Brent, WTI rise 1% China’s factory activity expands in November OPEC+ shifts oil policy meeting to Dec. 5 from Dec. 1 Dec 2 (Reuters) – Oil prices rose more…
US LNG Exports to Europe Surge in November on Higher Prices
By Most exported to Europe at higher prices Production could go even higher in December UK was major player in the market HOUSTON, Dec 2 (Reuters) – U.S. LNG exports…
US Natgas Storage Volumes Highest Since 2016 as Winter Heating Season Starts, EIA Says
The United States started the winter heating season with the highest levels of natural gas in storage since 2016, the U.S. Energy Information Administration said on Monday. Working natural gas…
U.S. Natgas Drops Nearly 5% on Forecasts for Less Cold Demand, Rising Output
Front-month gas futures for January delivery on the New York Mercantile Exchange were down 15.2 cents, or 4.5%, at $3.21 per million British thermal units at 9:23 a.m. EST (1423…
Duke Pauses Assessment of US Energy Loan Program Ahead of Trump Administration
NEW YORK, Dec 2 (Reuters) – Duke Energy (DUK.N) is pausing its assessment of certain U.S. energy infrastructure improvement loans, citing uncertainty over the future of funding under the Trump…
CS Tech unveils Hong Kong’s first carbon capture and utilisation system
CS Tech Solution Limited (CS Tech) has introduced Hong Kong’s first carbon capture and utilisation (CCU) system. By using pressure swing adsorption (PSA) technology from the UK with its own…
SwitcH2 partners with CorPower Ocean on green ammonia
SwitcH2 is partnering with CorPower Ocean to deliver what it claims will be an industrial scale floating green ammonia production facility partially powered by wave energy from 2029. With backing…
Video: “[Saudi Arabian] regulations to attract foreign investment are one of the best in the world”
Rami Nasser, General Manager at Rawabi Integrated Gas, spoke exclusively to gasworld following his presentation at its MENA Industrial Gases Conference 2024. In the interview, Nasser discusses some mega projects currently…
QatarEnergy and Shell to supply 3Mtpa LNG to China
QatarEnergy and Shell have entered into a new long-term sale and purchase agreement (SPA) for the supply of three million tonnes per annum (mtpa) of liquefied natural gas (LNG) to…
Oil Settles Down as Ease of Supply Risks Drives Weekly Loss
Summary U.S. crude stockpiles fell more than expected this week Analysts cite outlook for looser 2025 supply and demand balance OPEC+ shifts meeting to Dec. 5, could further delay output…