Global Infrastructure Partners to buy 49.99% stake in Eni CCUS
Global Infrastructure Partners [GIP] has confirmed its intention to buy a 49.99% stake in Eni CCUS Holding, subject to legal approvals. Eni CCUS currently encompasses the and in the UK,…
USGS Maps Out Fresh Oil and Gas Potential in the Rockies
Northwest Colorado and southwest Wyoming have an estimated 3 million barrels of oil and 666 billion cubic feet of gas that are recoverable, the United States Geological Survey (USGS) said…
UK Solar Output Surpasses 2024 Total
The amount of electricity produced from solar installations in the UK since the start of the year has topped the 2024 total, the Financial Times has reported, citing analysis of…
Indian Oil to Launch Sustainable Fuel Plant by Year-End
Indian Oil Corp., the largest refiner in the country, is set to launch its first sustainable aviation fuel production facility by the end of the year. Production capacity will be…
Any Talks About USA Sanctions on Russia ‘Now Blowing in the Wind’
Any talks about U.S. sanctions towards Russia are now blowing in the wind. That’s what Bjarne Schieldrop, Chief Commodities Analyst at Skandinaviska Enskilda Banken AB (SEB), said in an oil…
Uttar Pradesh launches first green hydrogen plant
The Government of Uttar Pradesh in India has launched its first green hydrogen production facility in the city of Gorakhpur. Developed by Torrent Power and Torrent Gas, the plant is…
China Oil Demand Picks Up in July
The amount of crude oil going into storage in China has declined from 1.42 million barrels daily in June to 530,000 barrels daily in July, suggesting a pick-up in demand,…
Venezuelan Crude Oil On Its Way to the US
Chevron has dispatched the first two Venezuelan crude cargoes to the U.S. since Washington restored its license to operate in the sanctioned nation last month. The Mediterranean Voyager and Canopus…
One of Russia’s Largest Oil Refineries Halts Crude Intake
Ukraine’s drone campaign against Russian energy assets has taken out another major target—this time Lukoil’s Volgograd refinery, one of the ten largest in the country, forcing a halt to crude…
Reliant starts construction on liquid CO2 facility in Wyoming
Reliant Processing, a subsidiary of carbon dioxide specialist Reliant Holdings, recently began construction on a new liquid CO2 plant in Cheyenne, Wyoming. The facility, located at Dyno Nobel’s explosives manufacturing…
