BMI Believes OPEC+ Will Remain Responsive to Price Shifts
In a BMI report sent to Rigzone by the Fitch Group recently, BMI analysts said they believe OPEC+ “will remain responsive to shifts in the oil price”. “The group is…
Helium Evolution starts production at Saskatchewan plant
Canadian helium exploration company Helium Evolution has commissioned its helium processing facility in the Mankota area of southern Saskatchewan, Canada. The plant, located at the Soda Lake facility, is designed…
Germany rolls out €6bn bid chance to decarbonise heavy industry
The German government has launched the first stage of a bidding process for carbon dioxide contracts for difference (CfD), which will take place next year. According to the funding programme,…
Polish banks provide $20m for biogas and biomethane development
Poland banks PKO Bank Polski and Bank Gospodarstwa Krajowego have signed the first syndicated deal in the country’s biogas and biomethane sector. The PLN74m ($20m) deal will go towards Neo…
Orsted Raises $9.4B amid Troubles under Trump
Orsted A/S raised 60 billion Danish kroner ($9.4 billion) through a rights offering that’s critical for the company to tackle the downturn facing the wind power industry. The fund raise,…
Updated: Linde CO2 plant still operational after fire at Chevron’s El Segundo refinery
Industrial gas major Linde has confirmed that its CO2 plant locatedat Chevron’s El Segundo refinery, wherea fire broke out last week, has not been impactedand remainsfully operational. Reports of an…
Key Russian Refinery Unit Halted After Strike, Tightening European Fuel Supply
In a new operational blow to Russia’s refining capacity, the Kirishi complex has reportedly shut down its CDU-6 crude distillation unit, the largest processing block at the plant, following damage…
Baker Hughes Wins Shareholder Nod for $13.6 B Chart Industries Takeover
Chart Industries shareholders have approved the company’s $13.6-billion all-cash sale to Baker Hughes, positioning the Houston-based energy technology giant at the center of the expanding markets for both LNG and…
Forecast of Cold Snap Sends Europe’s Power Prices Soaring
Power prices in the top European economies, Germany and France, surged on Monday to the highest level since February amid expectations of an early-autumn cold snap and reduced renewable energy…
Iran Boosts Natural Gas Reserves with New Discovery
Iran claims a new natural gas discovery would add an estimated 10 trillion cubic feet to its gas reserves and could help offset an expected energy imbalance. Iran has discovered…
