Secret Talks Hint at Exxon’s Re-entry into Russia’s Sakhalin 1 Oil Project
The United States and Russia continue to discuss economic cooperation, including in the Sakhalin 1 oil project, Russian Deputy Foreign Minister, Sergey Ryabkov, said on Wednesday. Vladimir Putin’s special envoy…
Indian Petrochemicals Giant Haldia Eyes Major Asian Expansion
Haldia Petrochemicals, one of India’s biggest petrochemicals companies, looks to raise trading volumes by 30% and hire more traders as it expands in the key Asian petrochemicals market, sources with…
Egypt’s Oil and Gas Output Rebounds After Four-Year Decline
After four years of declines, Egypt’s oil and gas production has started to rise in recent weeks, providing much-needed relief to the import bill of the North African country. …
Al Gore Accuses Trump of “Bullying” Countries on Climate Goals
President Donald Trump is “bullying” countries into revising their climate change targets, net-zero advocate Al Gore has said, adding that the current U.S. administration was “actively attempt[ing] to slow down…
Chinese Teapots Start Buying Crude for Two Refineries
Two independent Chinese refiners have started buying feedstock for two bankrupt refineries that they acquired from a state-owned company, Reuters has reported, citing trade sources without naming them. Qicheng Petrochemical…
Elcogen opens solid oxide fuel cell factory in Estonia
European technology firm Elcogen has opened a 14,000 sq m solid oxide fuel cell facility in Tallinn, Estonia. The ELCO I site delivers a significant jump in production capacity –…
USA EIA Sees USA Crude Oil Production Dropping in 2026
The U.S. Energy Information Administration (EIA) expects U.S. crude oil production to drop next year, according to its latest short term energy outlook (STEO), which was released on September 9.…
Oil Prices Steady as Traders Await Fed Rate Cut Decision
Crude oil prices held on to gains made earlier in the week today, as traders awaited the U.S. Federal Reserve’s latest interest rate decision, to be announced at 2 pm…
Australia Bets Big on Biofuels With $735 Million Investment
Australia is making a major bet on biofuels as part of its net-zero ambitions. On Wednesday, the government announced it will invest A$1.1 billion (US$735 million) over the next decade…
Video | CO2 conversion: competing or complementing?
Gill Scheltjens, CEO at D-CRBN, discusses if CO2 conversion technology is competing with or complementary to other decarbonisation technologies on gasworld’s Decarbonisation: Powering Industries for a Sustainable Future webinar. 2025…
