Google Backs Carbon-Captured Gas to Power Its AI Future
Google has signed the first U.S. corporate power purchase agreement involving natural gas with carbon capture, marking a major shift in how Big Tech plans to fuel the data-hungry future…
CenterPoint’s AI-Fueled Houston Boom Lifts Q3
CenterPoint Energy (NYSE: CNP) beat the Street in Q3 on a very simple story: Houston’s industrial appetite for electrons is exploding, and regulators are letting the utility recoup what it…
Aramco awards Baker Hughes multi-year coiled tubing drilling contract
Baker Hughes has secured a multi-year agreement from Aramco to significantly expand its integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia’s natural gas fields. The order, booked in…
Sonatrach Returns to Libya for Oil and Gas Exploration
Algerian state energy firm Sonatrach resumed oil and gas exploration drilling in Libya in mid-October, Libya’s National Oil Corporation (NOC) said on Thursday, as several international majors have restarted work…
Valero Trumps Q3 Earnings Estimates as Refining Margins Soar
Valero Energy Corporation (NYSE: VLO) easily beat analyst forecasts of third-quarter earnings as refining margins surged by 44% from a year earlier, exceeding the average increase in U.S. refining margins. …
China Continues Russian Arctic LNG Imports Despite Sanctions
The sanctioned Russian Arctic LNG export facility continues to ship cargoes to China as the U.S.-sanctioned project did not incur additional sanctions in Wednesday’s U.S. package imposed “as a result…
EU Includes Russian LNG Import Ban in 19th Sanctions Package
The EU on Thursday adopted the 19th sanctions package against Russia, which includes a ban on imports of Russian LNG from 2027, sanctions on additional shadow fleet vessels and on…
Oil Majors Drop Deals with Chinese Refiner Sanctioned by the UK
International oil majors have canceled spot cargo sales of Middle Eastern and Canadian crude to Shandong Yulong Petrochemical after the Chinese refiner was sanctioned by the UK last week, Reuters…
ITM Power unveils modular 50MW green hydrogen plant to drive scale
UK-based ITM Power has unveiled a 50MW green hydrogen plant blueprint to enable more scalable and cost-effective hydrogen production. The Alpha 50 plant – priced at €50m – can be…
Solid MOF tech ‘can deliver as storage option,’ says UK developer
UK-based technology developer Immaterial has developed a new type of metal-organic framework (MOF) that is more effective than existing MOF technology and can be used for hydrogen storage. Spun out…
