Total USA Energy Demand Expected to Rise in 2025 and 2026
Total U.S. energy consumption will increase in 2025 and 2026. That’s what the U.S. Energy Information Administration (EIA) projected in its latest short term energy outlook (STEO), which was released…
Italy Approves Saipem-Subsea 7 Energy Services Merger
Italy has approved, with conditions, the merger of Italian energy services group Saipem and Norway’s Subsea7, which plan to create an energy services giant with $25 billion worth of combined…
China Defies Sanctions With Sixth Russian Arctic LNG Cargo
China has received a sixth LNG cargo from Russia’s heavily sanctioned Arctic export project in a sign that the Chinese-Russian trade from Arctic LNG 2 has been flourishing in recent…
Coal Demand Rebounds Across Asia Ahead of Winter
Thermal coal imports into Asia reversed a nine-month losing streak last month, rising to the highest in almost a year, Reuters’ Gavin Maguire reported, noting the rise could extend over…
Toysal and CycleØ commission biomethane plant in Galicia
Industrial waste firm Toysal and European biogas developer CycleØ have commissioned a biomethane plant in Galicia, Spain. The plant, Ecogalia, is located in Porriño, Pontevedra. Up to 22,000 tonnes per…
BCGA appoints industry expert for hydrogen policy role in the UK
National trade body the British Compressed Gases Association (BCGA) has appointed industry expert Andy Physick in the newly created role of Hydrogen Policy Manager. The appointment reflects the BCGA’s intent…
U.S.-Asia Oil Arbitrage Narrows as Freight Costs Surge
The arbitrage window for U.S. crude sold in Asia is shrinking amid higher tanker rates and a climbing WTI price, Reuters has reported, citing traders. The publication cited LSEG data…
Hungary Refuses to Stop Russian Oil Imports
Hungary has no intention of suspending Russian oil imports despite pressure on the whole of the European Union from U.S. President Donald Trump and EU pressure on Hungary specifically. “We…
Judge Blocks Trump Order Halting Offshore Wind Construction
Danish offshore wind developer Ørsted has been cleared to restart work on its nearly complete Revolution Wind project after a federal judge blocked the Trump administration’s order to halt construction. The…
Hibiscus Spuds North Sea Teal West Development
Hibiscus Petroleum Berhad announced in a statement posted on its website recently that it commenced drilling at the Teal West Development, which is situated in the North Sea. The company…
