Hong Kong Financial Secretary backs idea for regional SAF hub
Asia should consider developing a sustainable aviation fuels (SAF) production hub that serves the whole region, according to Hong Kong Financial Secretary Paul Chan Mo-po. Speaking in a finance decarbonisation…
Venture Global Secures Another Legal Victory in LNG Battle
Venture Global has won its second arbitration case in an LNG export dispute with half a dozen European energy companies. That case specifically was brought against the U.S. LNG producer…
Wind and Solar Overtake Fossil Fuels in Europe’s Power Mix for the First Time
Electricity generated by wind and solar installations in the European Union last year accounted for 30% of the bloc’s total output last year, exceeding the combined share of gas and…
U.S. Refiners Snap Up Venezuelan Crude at Steep Discounts
Valero and Phillips 66 have bought two cargoes of Venezuelan crude that are part of the 50 million barrels that the Trump administration said Venezuela would supply to the United…
Henry Hub Surges Sharply Over Past Week
Henry Hub has surged sharply over the past week, driven by a classic winter squeeze rather than a change in long-term fundamentals. That’s what Ole R. Hvalbye, a commodities analyst…
Air Liquide ramped up signed low-carbon power agreements in 2025
Industrial gas major Air Liquide expanded its use of long-term low-carbon power purchase agreements in 2025 as part of its decarbonisation efforts. It started several multi-year PPAs during the year,…
Occidental CEO highlights role of DAC in improving oil recovery
Occidental President and CEO Vicki Hollub has highlighted the role that direct air capture (DAC) will play in maximising revenues from existing oil reservoirs. Speaking at Davos, in conversation with…
UK Could Extend Operations at Sizewell B Nuclear Plant to 2055
Faced with a gap in reliable and low-emission power supply in the early 2030s, the UK could extend by 20 years the life of the Sizewell B nuclear power station,…
US Sees Big Gains in Crude Oil, Product Inventories
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 3.04 million barrels in the week ending January 16. Crude oil inventories…
LNG project final investments set to slow in 2026 after record year, says Wood Mackenzie
After a record year for liquefied natural gas final investment decisions, research and consultancy firm Wood Mackenzie expects FID momentum to slow sharply in 2026. Only a small number of…
