Nigeria’s $300 Billion Oil Theft Scandal
Nigeria has lost $300 billion to oil theft, auditors appointed by the Nigerian parliament said this week. The oil was sold illegally both at home and abroad, the Senate committee…
Air Products reports $877m loss in full-year 2025 financials
Industrial gas major Air Products has reported an annual operating loss of $877m after it took a $3.7bn – $3bn after tax – hit early in the financial year in…
UK chemical firm delivers record MOF order for gas storage
UK-based chemical firm Promethean Particles recently shipped four tonnes of metal-organic frameworks – or MOFs – to a company developing an energy-efficient gas storage application in Europe. It is a…
Masdar buys stake in Austria’s largest green hydrogen project
UAE energy firm Masdar is raising its profile in Europe after buying a 49% stake in Austria’s largest green hydrogen project, according to agency reports. Austrian integrated energy and petrochemicals…
Energy Transfer Seeks LNG Project Partners Before FID
Energy Transfer will only make the final investment decision on the Lake Charles LNG project after it finds buyers for 80% of its equity, the company said in its third-quarter…
Saudi Arabia Slashes December Oil Prices to Defend Market Share in Asia
Saudi Arabia has announced a sharp reduction in its official selling price (OSP) for crude oil destined for Asia in December, an announcement that follows closely on the heels of…
Explosion causes ammonia leak at CF Industries plant in Mississippi
An explosion at the CF Industries plant in Yazoo City, Mississippi, caused an anhydrous ammonia leak on Wednesday night, prompting local evacuation orders. Mississippi Governor Tate Reeves confirmed the incident…
Podcast | The state of the helium exploration start-ups
In this episode of The 1895 Podcast, we revisit the panel session that took place at gasworld’s Helium Super Summit 2025 discussing the state of the helium exploration start-ups. We…
Chemical decline is cyclical and things will turn, says Linde CEO
The European chemical sector is enduring one of its worst downturns in decades, but the CEO of industrial gas major Linde expects a rebound at some point, based on the…
Kazakhstan’s October Oil Output Falls 10% on Tengiz Maintenance
Kazakhstan’s crude output fell 10% in October after maintenance curbed flows at the Chevron-led Tengiz field, according to an industry source cited by a Reuters report. Crude production averaged about…
