Aramco Turns to Bond Market Again
Aramco is tapping the international bond market for a two-part debt sale, its second major dollar offering of the year and the latest in a flood of issuance this month…
Oil Prices Jump as Israel Strikes in Qatar
Oil prices climbed on Tuesday after Israel carried out a rare and brazen strike in Doha, Qatar, an escalation that rattled global energy markets. WTI crude rose 1.37% to $63.11,…
Partners MOL, O&GD strike oil in Hungarian field
MOL and O&GD have discovered a new oil field at a depth of approximately 2,400 m near Galgahévíz, Hungary. The well, named Galgahévíz-4, is capable of producing approximately 1,000 bopd,…
Saudi Arabia’s $1 Trillion Wealth Fund to Unveil New Investment Strategy
The Public Investment Fund (PIF), Saudi Arabia’s $1-trillion sovereign wealth fund, will unveil by the end of the year its new long-term strategy on how it would support the Kingdom’s…
Teck and Anglo American Merger to Create $53 Billion Critical Minerals Giant
Teck Resources Limited and Anglo American plc on Tuesday announced they had agreed to combine via a merger of equals to create a copper and other critical minerals giant with…
Clean Hydrogen Investment Soars Past $110 Billion
Despite recent delays and cancelations of projects, the clean hydrogen industry has surpassed $110 billion in investment in more than 500 projects that have moved past the final investment decision,…
Refinery States Seek to Bar Trump from Shifting Biofuel Mandates
U.S. Senators from states hosting refineries will seek to prevent the Trump Administration from reallocating biofuel blending mandates from exempted small refiners to larger ones, Reuters reported on Tuesday, citing…
India launches first port-based green hydrogen project
The VO Chidambaranar Port in Thoothukudi, Tamil Nadu, India, has become the first port in the country to produce green hydrogen. The pilot project will use the fuel to power…
Partners to design new large-scale LNG bunkering vessel
Classification society Lloyd’s Register and ship builder HD Hyundai Mipo (HMD) will design a large-scale liquefied natural gas (LNG) bunkering vessel to meet the rising demand for LNG bunkering. Having…
Nikkiso targets ammonia with new high-capacity pump
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso) has launched a new submerged ammonia pump designed to meet the growing demand for ammonia across a range of applications. The pump,…
