Rosneft Oil Cargo Wanders for Weeks as Sanctions Mount
A cargo of crude oil from sanctioned Russian giant Rosneft has made an 11-week-long meandering trip around Europe and Asia in search of buyers and although it has anchored off…
U.S. Army Looks to Build Small Refineries for Critical Minerals
The U.S. Army will develop small-scale refineries to ensure domestic supply of critical minerals for defense and military purposes as the United States and the Western allies look to reduce…
Eni’s Indonesia Strategy Pays Off with Major Gas Discovery
Eni has made a significant natural gas discovery offshore Indonesia, a month after creating a joint venture with Malaysia’s Petronas to combine their offshore assets in Southeast Asia. Eni announced…
UK launches second carbon storage licensing round
The UK North Sea Transition Authority (NSTA) has today (9 December) opened a carbon storage licensing round offering 14 locations in Scottish and English waters for exploration and appraisal, with potential to…
Port of Barcelona targets 100,000 tonnes of sustainable fuels annually
The Port of Barcelona aims to produce 100,000 tonnes of sustainable fuels per year, placing a strong emphasis on biomethane and synthetic fuels, as part of its approved energy transition…
U.S. Solar Installations Soar as Developers Rush to Secure Tax Credits
The U.S. solar market saw a significant jump in capacity installations in the third quarter as developers ramp up activity and construction to qualify for the last investment tax credits…
Activist Investor Pushes Siemens Energy to Focus on Gas
Activist investment vehicle Ananym Capital has built a significant stake in Siemens Energy and is now urging the company to focus on its lucrative gas turbine and power generation business…
Iran Courts New Energy Partners as Sanctions Drive Strategic Pivot
Iran is open to international partnerships in the oil and gas industry, offering “golden investment opportunities” in the area, oil minister Mohsen Paknejad said this week, during a meeting with…
BMI Analysts Make 2026 Oil Demand Prediction
In a BMI report sent to Rigzone by the Fitch Group on Monday, analysts at BMI, a unit of Fitch Solutions, projected that global oil demand “will post steady growth”…
Air Liquide invests in China ASU electric revamp in Yulin
Industrial gases major Air Liquide is to invest €25m in revamping its air separation unit (ASU) in Yulin, China. The upgrade will see the existing steam-driven ASU converted to a…
