Oil Prices Set to End the Week Higher After U.S. Sanctions Spark Rally
The latest round of U.S. sanctions targeting two of Russia’s largest oil exporters has pushed crude oil prices higher, with benchmarks on course to end the week with a gain…
Trump Abruptly Ends Trade Talks With Canada Over Reagan Ad Controversy
Late on Thursday, President Trump announced the termination of all trade negotiations with Canada, citing a Canadian government advertisement that he alleged misused the remarks of former U.S. President Ronald…
LNG Demand Fuels Strong Third Quarter for Baker Hughes
Strong demand for LNG-related services drove Baker Hughes’ third-quarter financial performance above expectations, with the company reporting a 23% annual increase in orders despite a dip in net profits of…
Official review backs green gas role for UK carbon removals
A UK government-commissioned review has called for a coordinated national strategy to scale up greenhouse gas removals (GGRs), with the Anaerobic Digestion and Bioresources Association (ADBA) hailing it as a…
Official review backs green gas role for UK carbon removals
A UK government-commissioned review has called for a coordinated national strategy to scale up greenhouse gas removals (GGRs), with the Anaerobic Digestion and Bioresources Association (ADBA) hailing it as a…
There Are Signs the Supply Glut Is Now Hitting the Market
There are signs that the long-anticipated supply glut is now hitting the market, with the six-month and 12-month term spreads flipping into contango. That’s what analysts at BMI said in…
Eastern Brazil state opens first biomethane facility as sector grows
The eastern Brazilian state of Minas Gerais has opened its first biomethane facility. The operation is a partnership between Brazil biogas firm Zeg Biogas and sugar cane producer Bioenergética Aroeira.…
Eastern Brazil state opens first biomethane facility as sector grows
The eastern Brazilian state of Minas Gerais has opened its first biomethane facility. The operation is a partnership between Brazil biogas firm Zeg Biogas and sugar cane producer Bioenergética Aroeira.…
Trump Reopens Alaska’s Arctic Refuge to Oil and Gas Drilling
The Trump administration has moved to reopen the Arctic National Wildlife Refuge (ANWR) to oil and gas drilling, reversing one of President Biden’s signature environmental restrictions and cementing Alaska’s return…
Crude Tanker Rates Surge as Oil in Transit Hits Highest Level Since 2020
Crude tankers are once again firing on all cylinders, with freight rates surging across all segments as oil in transit reaches its highest level in more than five years. According…
