Shell and Equinor JV Launches UK’s Top North Sea Producer
Oil and gas majors Shell and Equinor have completed the transaction to combine their offshore UK oil and gas operations in a 50/50 joint venture, Adura, which will be UK’s…
Norway cruise line sets sail with bioLNG
Norway cruise line Havila Voyages is powering one of its ships with 200 cubic metres of liquefied biogas (bioLNG) supplied by Barents Naturgass at Polarbase in Hammerfest. Over the course…
UK pulls £1bn funding from TotalEnergies LNG project in Mozambique
The UK government is withdrawing £1.15bn ($1.47bn) in export finance from the Mozambique LNG project run by TotalEnergies. The government pledged support for the project in 2020 before it was…
Brazil bank invests in Bioo to fuel biomethane and biogenic CO2 growth
The Brazilian Development Bank (BNDES) has approved an investment of R$85.8m ($16m) in biosolutions platform Bioo Investimentos e Participações (Bioo). The funding results in the bank holding a 19.9% stake…
India Signals a 50% Cut in Russian Oil Imports Under U.S. Sanctions Pressure
India could reduce its imports of Russian crude oil by 50%, a former foreign minister in New Delhi told local media, noting that both India and Russia would nevertheless look…
German Energy Giant Warns Against Wind and Solar Subsidies
The chief executive of German power utility major E.ON has called on the government to prioritize businesses over wind and solar capacity additions, saying job creation was more important than…
Gunvor Eyes Investment in U.S. Oil and Gas
Swiss commodity trading major Gunvor is considering asset purchases in the U.S. oil and gas space, Reuters has reported, citing unnamed sources, in a bid to build a better relationship…
Oil Prices Rise as OPEC+ Holds Firm on Output Through Q1 2026
Oil prices rebounded in early Asian trade on Monday following the latest OPEC+ meeting, as traders responded to the producer group’s decision to hold output steady through the first quarter…
Japan firm Osaka Gas to buy US biomethane from landfills
Japan’s Osaka Gas has signed a deal with bp-owned US firm Archaea Energy to purchase biomethane derived from landfill gas. According to an agreement signed in November, Osaka Gas will…
Europe bioeconomy strategy highlights key role of biogases and co-products
The European Commission recently unveiled its new , which acknowledges the role of bioenergies and biofuels as well as the need for flexibility when assessing efficient biomass-use pathways. The strategy is…
