Element Solutions acquires EFC Gases
Global specialty chemical company Element Solutions has completed its acquisition of EFC Gases & Advanced Materials, which was first announced in November. EFC is a Massachusetts-based high-purity rare gas technologies…
Jake Lake steps down from BCGA
The British Compressed Gases Association (BCGA) has announced that its former Technical Manager, Peter (Jake) Lake, has left the organisation after spending 15 years in the role. According to the…
Denmark Says Trump’s Greenland Threat Looks Real After Venezuela Move
Denmark’s prime minister Mette Frederiksen has warned that U.S. President Donald Trump is serious about taking over Greenland, adding that a U.S. attack on a NATO ally would be the…
EIA: Oversupply And Sluggish Demand To Blame For Weak Oil Prices In 2025
The U.S. Energy Information Administration has revealed that global oil supplies exceeded demand in 2025, leading to a sharp decline in oil prices. Monthly average Brent crude oil prices declined…
Harold Hamm’s Continental Resources To Buy Oil Assets In Argentina
Billionaire Harold Hamm’s Continental Resources will buy assets from Argentina’s Pan American Energy, Bloomberg reported on Monday, in the latest development in the company’s push into the Vaca Muerta shale…
Venezuela oil investment faces long timelines, ANZ says
(Bloomberg) – Investors betting on growth in Venezuela oil output will need deep pockets and patience, as aging infrastructure will require billions of dollars in spending, according to Australia and…
U.S. Oil Blockade Forces Venezuela’s PDVSA to Slash Production
Venezuela’s state oil firm PDVSA has started reducing oil production and has asked its joint ventures, including those with Chevron, to also cut output, as storage space is running out…
Oil Tankers Exit Venezuela Under Cover of Darkness Despite U.S. Blockade
Venezuela has shipped out about a dozen oil tankers carrying crude and petroleum products in recent days, with vessels departing in dark mode, TankerTrackers.com said on Monday. All these tankers…
U.S. Blitz Against Maduro Rattles Foreign Oil Claims Worth Billions
Billions of barrels of Venezuela’s oil claimed by major state-owned Chinese and Russian companies under current deals are now in doubt following the U.S. capture of Nicolas Maduro, according to…
Ice-Breaking Tanker Keeps Sanctioned Russian LNG Flowing to China
Russia is keeping its sanctioned LNG trade with China alive during the winter thanks to an ice-class vessel capable of ploughing through the thick Arctic ice. The sanctioned Christophe De…
