UK Court Lets North Sea Drilling Hopes Live Another Day
A London judge has knocked back a lawsuit aimed at stopping 28 offshore oil and gas exploration licences, giving the government a win it probably didn’t expect this week. Oceana…
Russia’s Gazprom Turns to Profit in Q3
Russian gas giant Gazprom booked a net income for the third quarter versus a loss a year earlier, when it was hit by a one-off tax for the Russian budget.…
Germany Seeks Looser EU Rules of Gasoline Cars Phase-out by 2035
Germany will plead with the EU to allow plug-in hybrids and highly efficient conventional cars to be sold in the bloc even after the effective ban on gasoline and diesel…
UK Nuclear Projects Set to Add $1.3 Billion a Year to Power Bills
Subsidies and Contracts for Difference (CfD) that the UK government has promised to the two projects for new nuclear power stations are expected to add $1.32 billion (£1 billion) annually…
Saudi Arabia Set to Slash Oil Prices to Asia for January
Saudi Arabia is expected to slash the prices for its crude bound for Asia in January to the lowest premium to benchmarks in five years, as the world’s largest crude…
Petrobras Cuts Capex Plan on Lower Oil Prices
Brazil’s energy major Petrobras has revised its spending plans for the next five years, prompted by the steady and persistent decline in oil prices. The company now plans to spend…
U.S. LNG Exports Set to Surge 40% as Europe Buys Record Volumes
Exports of liquefied natural gas from the United States are on track to book a 40% annual increase this month, hitting 10.7 million tons, projections from Kpler have shown, as…
Preview: GCE to outline new approaches to hospital gas control
Hospitals are under growing pressure to modernise how they manage medical gases as demand rises, regulations tighten and digital systems become standard. gasworld’s upcoming webinar will explore what this shift…
EIA Ups USA Oil Output Forecast, Still Sees Dip in 2026
In its latest short term energy outlook (STEO), which was released on November 6, the U.S. Energy Information Administration (EIA) increased its U.S. crude oil production forecast for 2025 and…
Praxair commits $24m to India ASU buildout
Industrial gas company Praxair India will spend $24m on cryogenic air separation units for production of liquid oxygen and nitrogen across the state of Karnataka. The company signed a memorandum…
