Rosneft Profits Plunge 68% as Oil Oversupply and Sanctions Pressure H1 Results
Rosneft (MCX: ROSN) reported a steep 68% drop in first-half 2025 net income as falling oil prices, widening discounts on Russian crude, and a stronger ruble weighed heavily on earnings,…
North America Loses Rigs for 2 Straight Weeks
North America lost seven rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on August 29. The U.S. cut two rigs and…
Origen launches multi-fuel limestone kiln with direct air capture
UK- and US-based Origen has commissioned a new kiln equipped with direct air capture technology to decarbonise lime production at the Energy & Environmental Research Center (EERC) in the US…
Video | What is helium-3?
Rich Brook, CEO at Garrison Ventures discusses helium-3, what it is, and how it relates to the topic of space on gasworld’s Space and Industrial Gases: Supporting Life Beyond Earth…
Japan tests first full-scale commercial ammonia engine
Japan Engine Corporation (J-ENG) is poised to launch what it claims is the first functional full-scale commercial ammonia engine. Engine tests were carried out for three days last week at…
Air Liquide’s Russian assets placed under state control
Russian authorities have placed the Russia-based assets of industrial gas major Air Liquide under state administration. Since 2022 Air Liquide has taken steps to prepare for the threat of Russian…
Linde raises stake in Airtec to drive Middle East push
Industrial gas major Linde has increased its shareholding in the Dubai-based industrial gases company Airtec from 49% to over 90%, strengthening its position in the Gulf region. In a statement,…
Linde raises stake in Airtec to drive Middle East push
Industrial gas major Linde has increased its shareholding in the Dubai-based industrial gases company Airtec from 49% to over 90%, strengthening its position across the Gulf region. In a statement,…
Annual US Crude Production Sets New Record in 2024, But Growth Pace Slows: EIA
The United States pumped an all-time high of 13.3 million barrels per day (bpd) of crude oil in 2024, the Energy Information Administration (EIA) said in its Petroleum Supply Annual…
U.S. Oil Output Beats Weekly Estimates in June
U.S. crude oil production hit a new record in June at 13.58 million barrels per day, according to the Energy Information Administration’s latest Petroleum Supply Monthly. That’s 133,000 barrels more…
