Russia’s Oil Revenue Slump Hits Budget Where It Hurts
Russia’s oil-and-gas budget suffered a painful blow in 2025. Revenues from the sector fell 24% to 8.48 trillion roubles, the weakest showing since 2020. That matters because oil and gas…
Devon-Coterra Tie-Up Would Create a New Permian Heavyweight
Coterra Energy is kicking the tires on what would be one of the biggest U.S. shale mergers in years, holding talks about a possible combination with Devon Energy, according to…
UK biomethane: progress in 2025 and key policy decisions in 2026
Dr Nick Primmer, Head of Policy & ESG for Future Biogas, assesses where the UK stands with its biomethane policy and highlights two key issues in the year ahead 2025…
Specialty gases to grow 8.7% in 2026, forecasts Techcet
The market for specialty gases should grow 8.7% in 2026, driven primarily by ongoing growth in semiconductors, according to advisory services firm Techcet. It expects semiconductor electronic gases revenue to…
Mitsubishi buys Aethon US gas assets for $5.2bn
Japan’s Mitsubishi Corporation has finalised a deal to buy all of Aethon’s US gas and pipeline assets, including the Haynesville reserves, for $5.2bn. It is expected to close in the…
Halliburton Looking Forward To A Swift Return To Venezuela
Oilfield services company Haliburton (NYSE:HAL) says it expects to make a quick return to Venezuela, with company CEO Jeff Miller saying the company could be active in the South American…
Russian Oil and Gas Revenue Falls to Lowest in 5 Years
Russia’s revenues from its oil and gas industry, vital to financing its war in Ukraine, dropped to a five-year low in 2025 as crude prices slumped and gas exports declined.…
Maersk Resumes Key Red Sea Shipping Route
Following improved stability in the Red Sea, shipping giant Maersk is returning to the trans-Suez route connecting the Middle East and India with the U.S. East Coast, the Denmark-based company…
China Leads Global Coal Power Additions Despite Renewables Push
China continues to nearly single-handedly prop up global coal consumption and new coal-fired power generation, despite being also the world’s leading investor in renewables and battery storage. China is set…
Canada and China Unveil Landmark Energy Cooperation Agreements
Canada and China signed on Thursday several cooperation agreements, including in the energy sector, as Canadian Prime Minister Mark Carney hailed “a new era” in bilateral relations during an official…
