Air Liquide to expand India footprint with NovaAir acquisition
Industrial gas giant Air Liquide has signed an agreement to acquire Indian industrial gas producer and supplier NovaAir as part of its growth strategy in India. NovaAir is present in…
Air Liquide to expand India footprint with NovaAir acquisition
Industrial gas giant Air Liquide has signed an agreement to acquire Indian industrial gas producer and supplier NovaAir as part of its growth strategy in India. NovaAir is present in…
Ukraine Strikes Russia’s Fourth-Largest Refinery, Disrupting 80,000 bpd
Russia’s Ryazan oil refinery—its fourth-largest and a key Rosneft asset southeast of Moscow—was forced to halt a major crude distillation unit after a Ukrainian drone attack set part of the…
Energean Signs Gas Transmission Deal for Israel’s New Pipeline
Energean has signed a transmission agreement with Israel Natural Gas Lines Ltd for capacity in the Nitzana pipeline, the new planned route for Israeli gas to Egypt, the UK-based gas…
Oil and Gas Industry Layoffs Accelerate with Lower Prices
Oil and gas producers and oilfield services providers are slashing workforce numbers as the mergers wave in the sector gives way to reorganization and restructuring. Over the past few months,…
Profit at Germany’s Uniper Sinks on Lost Russian Gas Revenue
Germany’s utility giant Uniper expects its adjusted net income for the first nine months of the year to be five times lower compared to last year’s levels, on the back…
Supertanker Rates Soar as Buyers Scramble to Replace Russian Oil
The supertanker freight futures surged on Thursday and Friday after the U.S. sanctions against Russia’s biggest oil firms created a rush to replace Russian barrels. The front-month supertanker contracts on…
Windfall Tax Reforms Crucial for North Sea Oil Industry
The UK Government should avoid accelerating the decline of North Sea oil and gas production through policies, as job losses amid the decline in Scotland’s oil and gas industry currently…
Eni Raises 2025 Cash Flow Guidance After Beating Q3 Estimates
Italy’s energy giant Eni (NYSE: E) raised its outlook on cash flow generation for 2025 and increased full-year planned buybacks by 20% after posting consensus-beating earnings for the third quarter.…
Finland issues first guarantees of origin for hydrogen
Finnish state-owned gas company and transmission system operating business Gasgrid has issued Finland’s first guarantees of origin for hydrogen. They were issued to P2X Solutions for renewable hydrogen produced at…
