Wind and Solar Overtake Gas Power Generation for the First Time
Wind and solar power generation topped gas-fired power plant output for the first time ever on a monthly basis in April, as the energy crunch limited gas availability and made…
Goldman Sachs Sounds Fresh Alarm on Global Oil Stockpiles
Global oil inventories are falling at an accelerated rate, Goldman Sachs has warned, noting April draws from inventories had run at double the rate until the end of March. Since…
Traders Expect Oil Prices to Remain Above $81 for the Next 12 Months
Oil prices are set to average between $81 and $100 per barrel over the next 12 months as demand destruction will help balance a market that continues to price in…
What Happens to Oil if Iran Permanently Taxes Hormuz Traffic?
What would the implications be for the oil market if Iran decided to permanently tax/toll traffic through the Strait of Hormuz? According to Howard Shatz, a senior economist at RAND…
Germany-Netherlands hydrogen pipeline connections set to expand
By 23 min ago 2 min read German and Dutch transmission systems operators (TSO) Thyssengas, Open Grid Europe (OGE), and Gasunie have signed a joint development agreement (JDA) to build…
Gasum bioLNG sales jump driven by FuelEU
By 48 min ago 2 min read Finnish state-owned energy firm Gasum saw its maritime bioLNG sales rise to 12.3% in 2025, up from 0.8% in 2024. A chief reason…
UK wastewater site to scale hydrogen and graphene production
By 14 min ago 2 min read United Utilities has been awarded £9.5m ($12.7m) to lead two wastewater resource recovery projects, including a scale-up of Levidian’s methane cracking technology to…
Saudi Arabia Forced to Boost Fuel Oil Imports as Gas Output Dips
Saudi Arabia is importing more fuel oil than before, to use in power generation as its natural gas production reverses direction and declines, Reuters has reported, citing Rystad Energy. OPEC’s…
Norway’s Offshore Oil Production Beats Forecasts in April
Norwegian offshore oil production significantly exceeded expectations in April, with total liquids output climbing to 2.158 million barrels per day — 6.7% above official forecasts — as Europe grows increasingly…
Mantel and Wood advance carbon capture projects in Canada
By 11 min ago 3 min read US carbon capture specialist Mantel has partnered with global engineering firm Wood to integrate fired equipment across its commercial high-temperature carbon capture deployments. Under a memorandum of understanding…
