U.S. Wants EU to Exempt Its LNG from Methane Regulation

The United States insists that the European Union exempt it from obligations to report data under the EU Methane Regulation until 2035, Reuters reported on Monday, citing a U.S. document…

Tanker Fleet Crunch Forecasts Strong Rates Through Early 2026

Oil tanker rates are set to stay elevated in early 2026 as crude supply is rising while the number of available vessels is shrinking due to the U.S. sanctions on…

Kazakhstan Battles Big Oil in $3.5 Billion Arbitration Case

Kazakhstan expects a court ruling on its $3.5-billion lawsuit against international majors by the end of this year, Energy Minister Yerlan Akkenzhenov said on Monday as the country is suing…

  • Gas
  • December 15, 2025
Solarig to invest over $400m in Polish biomethane platform

Spanish sustainable energy company Solarig plans to invest more than PLN 1.5bn ($416–420m) to expand biomethane operations in Poland through its renewable gases division, Biorig. The investment will support the…

Middle East Crude Prices Sink to Two-Month Low Against Brent

Key crude prices in the Middle East have dropped to their weakest level against the Brent benchmark in two months, signaling oversupplied markets as output from both the Middle East…

Europe Reconsiders Its 2035 Ban on Gasoline Cars

The European Union is backtracking on its plan to prohibit the sale of new combustion-engine passenger cars after 2035, as the de facto ban came under fire from major carmakers…

Strategists Say Oil’s Fermi Paradox Nearing an End

In an oil and gas report sent to Rigzone recently by the Macquarie team, Macquarie strategists, including Vikas Dwivedi, noted that oil’s “Fermi Paradox [is] nearing an end”, adding that…

  • Gas
  • December 15, 2025
Technip Energies secures contract for Thailand CCS project

Engineering and technology company Technip Energies has been awarded an engineering contract for the PTTEP Arthit carbon capture and storage project that is planned for Thailand. The scope of the…

  • Gas
  • December 15, 2025
Technip Energies secures contract for Thailand CCS project

Engineering and technology company Technip Energies has been awarded an engineering contract for the PTTEP Arthit carbon capture and storage project that is planned for Thailand. The scope of the…

  • Gas
  • December 15, 2025
Burckhardt Compression appoints Jacques Sanche as Chair of the Board

Compression technology firm Burckhardt Compression (Burckhardt) has appointed Jacques Sanche as Chair of the Board of Directors. He will replace Chair Ton Büchner, who has served since 2020. Sanche, who…