Linde delivers strong quarter despite weaker industry activity
Industrial gases major Linde shrugged off a “stagnant” period of industrial activity to post a 24% rise in third quarter net income to $1.9bn, up $379m year-on-year. Quarterly operating profit…
Air Liquide bullish on US blue hydrogen prospects
Industrial gas major Air Liquide has weighed in on recent US legislation as it relates to blue hydrogen production. On an earnings call this week, Air Liquide North America CEO…
Hydrogen and CCUS are 5% of long-term emissions cuts, says Rystad
Carbon capture utilisation and storage (CCUS), bioenergy and hydrogen are set to play only a small part in cleaning up global emissions, according to research firm Rystad Energy. In a…
Kazakhstan and Exxon Eye Next Phase of Kashagan—Despite Legal Crossfire
Kazakhstan’s government has reopened talks with ExxonMobil about expanding the Kashagan oil field—the massive Caspian Sea development once hailed as the world’s biggest oil discovery in 30 years. The discussions…
Russian Missile Strikes On Ukraine’s Energy Grid Kills 3
A barrage of Russian missile and drone strikes on Ukraine’s energy infrastructure left three people dead on Wednesday, forcing nationwide power restrictions. Ukrainian officials reported that two men in the…
MEG Delays Vote on $5.4B Oil Takeover Yet Again
Canadian oil producer MEG Energy Corp. postponed a shareholder vote on a C$7.6 billion ($5.4 billion) takeover proposal by Cenovus Energy Inc. until next week to give it time to…
Construction begins at Blue Star Helium’s Galactica project
Exploration firm Blue Star Helium has started construction at its Galactica project in Colorado and says it is on track to produce helium in December 2025. The company said contractors…
Chevron beats estimates as Hess acquisition drives oil production growth
(WO) — Chevron Corporation reported record oil and gas production in the third quarter of 2025, driven by the integration of Hess Corporation assets and strong performance from core upstream…
Lower Oil Prices Drag Down Profits at Chinese Giant CNOOC
CNOOC Ltd, China’s top offshore crude oil and gas producer, on Thursday said its net profit fell by 12.2% from a year earlier in the third quarter, amid a decline…
Global Power Demand to Skyrocket 30% by 2035
The world’s electricity demand is expected to surge by 30% over the next decade as data centers, electric vehicles, and demand for heating and cooling drive increased consumption, a new…
