Iran and Russia Discuss Boosting Nuclear Energy Cooperation
Russia and Iran this week discussed boosting their cooperation in nuclear energy, including in building small nuclear reactors (SMRs) in the Islamic Republic, Iranian media report. Mohammad Eslami, director of…
Egypt Defers LNG Import Cargoes on Weaker Demand
Egyptian Natural Gas Holding Company (EGAS), the state-owned gas firm, has asked its LNG suppliers to delay the delivery of at least 20 cargoes that it had to receive by…
Sunfire wins FEED for 40MW Finland hydrogen project
German industrial electrolyser firm Sunfire has been selected by P2X Solutions to conduct the front-end engineering design (FEED) study for a 40MW hydrogen project in Joensuu, Finland. Green hydrogen produced…
Europe’s chemical decline threatens industrial gas demand
Europe’s chemical industry has reached a “tipping point”, according to a new report by economic advisory firm Oxford Economics commissioned by energy company Ineos. It warns that energy costs, regulatory…
Russian Strikes Curtail 60% of Ukraine’s Natural Gas Production
Last week’s massive Russian attacks on energy infrastructure in the Poltava and Kharkiv regions in Ukraine have forced the shutdown of about 60% of the Ukrainian natural gas production, sources…
Civitas Considers Merger With Fellow Permian Player
Civitas Resources may merge with fellow Permian producer SM Energy, Bloomberg reported today, citing unnamed sources in the know. The sources told the publication the deal would likely take the…
Citi Warns That Oil Market Sentiment Is Turning Bearish Amid Signs of Oversupply
Oil market players are in a bearish mood, Citi has said in an update about sentiment among its clients. However, the degree of bearishness differs, the bank also said, as…
Fourth Ukraine firm starts bioLNG exports to Europe
Ukraine’s YM Liquid Gas has become the fourth company in the country to supply liquefied biomethane (bioLNG) to Europe. It follows Vitagro, MHP and Hopak in exporting bioLNG to the…
India power project taps captured carbon to make methanol
Methanol has been produced from carbon dioxide captured at a power station in India that has been fitted with carbon capture technology since 2023. The Vindhyachal Super Thermal Power Station,…
Tokamak Energy partners with Gauss Fusion to advance commercial fusion and helium
Private UK company Tokamak Energy has signed a strategic collaboration with European green tech firm Gauss Fusion that will aim to advance transformative high temperature superconducting (HTS) magnets and accelerate…
