UK carbon capture firm wins £1m government backing to scale
Carbon capture company The Carbon Removers has secured support of nearly £1m from South of Scotland Enterprise (SOSE) – the Scottish Government’s dedicated economic and community development agency. The investment…
AI Set to Drive 50% Rise in Copper Demand by 2040
Artificial intelligence could boost global copper demand by as much as 50% in the years to 2040, which will cause a supply squeeze due to the long lead times on…
China’s Battery Boom Is Running Into a Very Familiar Problem
The Chinese industry ministry has sounded the overcapacity alarm for yet another industry: batteries. Battery makers have grown unrestrained, and this has resulted in too much capacity, which is a…
Iraq Moves to Take Over Operations at West Qurna 2
The Iraqi government has approved a move to take over operations at the West Qurna 2 oilfield under provisions in its technical service contract with Russia’s Lukoil, following the company’s…
Could Venezuela Production Get Back to 3MM Barrels Per Day?
Could Venezuelan oil production get back to three million barrels per day? The answer to that question is yes, according to a special Rystad Energy market update penned by three…
ASP Isotopes completes acquisition of helium and LNG business Renergen
Texas-based advanced materials company ASP Isotopes has completed its acquisition of South African helium and liquefied natural gas producer Renergen. The deal combines ASP Isotopes’ advanced enrichment technologies with Renergen’s…
Moeve and Galp discuss downstream tie-up in Spain and Portugal
Energy firms Moeve and Galp are to explore combining downstream activities in the Iberian peninsula in a bid to become a bigger force in European energy and mobility. The tie-up…
Best of 2025: gasworld Intelligence on Asia-Pacific (November 2025)
Asia-Pacific, APAC for short, is a vast and populous region that is developing rapidly. It is home to more than 4.3 billion people today – about 60% of the world’s…
OPEC+ Compensation Cuts Triple as Key Producers Move to Rein in Oversupply
Four key Opec+ producers have pledged to deepen their compensation cuts in the first half of 2026 as the organization looks to improve compliance amid oversupplied oil markets. The UAE,…
ADNOC Approves Major Deep Gas Development Offshore Abu Dhabi
ADNOC, the national oil company of the United Arab Emirates, on Wednesday announced the final investment decision for the SARB Deep Gas Development offshore Abu Dhabi, a key part of…
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