Brazil bank invests in Bioo to fuel biomethane and biogenic CO2 growth
The Brazilian Development Bank (BNDES) has approved an investment of R$85.8m ($16m) in biosolutions platform Bioo Investimentos e Participações (Bioo). The funding results in the bank holding a 19.9% stake…
India Signals a 50% Cut in Russian Oil Imports Under U.S. Sanctions Pressure
India could reduce its imports of Russian crude oil by 50%, a former foreign minister in New Delhi told local media, noting that both India and Russia would nevertheless look…
German Energy Giant Warns Against Wind and Solar Subsidies
The chief executive of German power utility major E.ON has called on the government to prioritize businesses over wind and solar capacity additions, saying job creation was more important than…
Gunvor Eyes Investment in U.S. Oil and Gas
Swiss commodity trading major Gunvor is considering asset purchases in the U.S. oil and gas space, Reuters has reported, citing unnamed sources, in a bid to build a better relationship…
Oil Prices Rise as OPEC+ Holds Firm on Output Through Q1 2026
Oil prices rebounded in early Asian trade on Monday following the latest OPEC+ meeting, as traders responded to the producer group’s decision to hold output steady through the first quarter…
Japan firm Osaka Gas to buy US biomethane from landfills
Japan’s Osaka Gas has signed a deal with bp-owned US firm Archaea Energy to purchase biomethane derived from landfill gas. According to an agreement signed in November, Osaka Gas will…
Europe bioeconomy strategy highlights key role of biogases and co-products
The European Commission recently unveiled its new , which acknowledges the role of bioenergies and biofuels as well as the need for flexibility when assessing efficient biomass-use pathways. The strategy is…
U.S. Crude Hits a Record While Key Export Data Goes Dark
U.S. oil production hit another record in September, but the bigger story in this month’s Petroleum Supply Monthly is what isn’t in the report: actual export data. Because the U.S.…
Ecopetrol Shoulders the Load as Petro’s Oil Policies Squeeze the Patch
Colombia’s Ecopetrol is pressing ahead with a 2026 spending plan of 22–27 trillion pesos ($5.9–$7.2 billion), essentially holding the line from this year despite a political climate that couldn’t be…
OPEC+ Reaffirms Decision to Pause Production Hikes
A statement posted on OPEC’s website on Sunday revealed that, in a meeting held that day, Saudi Arabia, Russia, Iraq, the United Arab Emirates (UAE), Kuwait, Kazakhstan, Algeria, and Oman…
