Normod Carbon plans €250m CO2 hub at Port of Grenaa
Norway-based Normod Carbon (Normod) has secured exclusivity and customer commitments with the Port of Grenaa in Denmark to develop a €250m carbon dioxide hub that will handle up to 10…
Macquarie Reveals Latest Oil Price Forecasts
In a report sent to Rigzone late Tuesday by the Macquarie team, the company revealed its latest oil price forecasts for 2025 and 2026. According to that report, Macquarie sees…
Department of Energy Cancels Another $7.6 Billion in Energy Project Funding
The U.S. Department of Energy has canceled $7.6 billion in funding for previously approved energy projects on the grounds that they would not produce any palpable benefits for Americans. The…
Oil Prices Rise on Russian Sanctions Risk
In early Asian trade on Thursday, oil prices recovered slightly from 16-week lows, with WTI rising to $62.09 and Brent trading at $65.68. Markets were buoyed by renewed expectations of…
Crude Oil Plummets to Lowest Since June
Crude oil benchmarks were trading even lower midday Wednesday, at prices lower than they’ve dipped for several months, even as OPEC+ emphasizes that it is committed to a calibrated increase…
Air Water breaks ground on Rochester ASU
Air Water Gas Solutions, a subsidiary of Air Water America, has broken ground on a multi-million-dollar air separation unit (ASU) in Rochester, New York. Located at Eastman Business Park, the…
Air Water breaks ground on Rochester ASU
Air Water Gas Solutions, a subsidiary of Air Water America, has broken ground on a multi-million-dollar air separation unit (ASU) in Rochester, New York. Located at Eastman Business Park, the…
Trump Keeps Oil Permits Flowing in Shutdown, Some Renewables on Hold
The Trump administration will keep oil and gas permitting moving unhindered, despite the federal government shutdown that began on Wednesday, while approvals for renewable energy projects will halt, according to…
G7 Nears Deal on Fresh Sanctions Targeting Russian Oil
Thursday October 02, 2025 – ‘We are aligned on the need to act together and believe that now is the time for a significant coordinated escalation of measures to bolster…
Spec Issues Curb U.S.-Mexico Gas Shipments, Waha Discounts Widen
Natural Gas Intel has reported exclusively that pipeline gas flows from the United States into Mexico are being reduced because certain volumes are failing to meet specification requirements. The issue,…
