Unilever targets biomethane to cut emissions in Indonesia
Unilever is using biomethane made from palm oil waste to help lower emissions at its facility in Indonesia, becoming the first company to buy the gas for industrial use in…
Can SOEC tip the balance on green ammonia costs?
The promise of green ammonia is vast. But without breakthroughs in production and scale, it risks remaining more aspiration than solution. The sector must develop new production technologies and integrate…
Ukrainian Suspect in Nord Stream Sabotage Nabbed in Italy
Italian police detained a Ukrainian national suspected by Germany of being one of the leading protagonists in the sabotage of the Nord Stream gas pipelines in 2022. The man, identified…
Air Liquide buys DIG Airgas for $3.3bn to boost Asian profile
Air Liquide has signed a binding agreement with Macquarie Asia-Pacific Infrastructure Fund 2 to buy leading South Korean industrial gas company DIG Airgas for KW4.6trn ($3.3bn). Confirmation of the deal,…
Sempra signs up ConocoPhilips for Port Arthur LNG Phase 2 offtake
Sempra subsidiary Sempra Infrastructure and ConocoPhillips have signed a 20-year sale and purchase agreement (SPA) for 4 million tonnes per annum (mtpa) of LNG offtake from the Port Arthur LNG…
US National Security Probe Targets Wind Industry
The Commerce Department just opened a Section 232 “national security” probe into imported wind turbines and parts—quietly on Aug. 13, publicly today. That matters because 232 isn’t a press release;…
U.S., EU Finalize Trade Deal for $750B Energy Pledge, 15% Tariff Cap
The United States and the European Union have finalized a trade framework that commits Europe to up to $750 billion in U.S. energy purchases by 2028, while capping most tariffs…
Cenovus to acquire oil sands producer MEG for $5.7 billion
Christina Lake operations. Image: Cenovus Energy Cenovus Energy has entered into a definitive agreement to acquire MEG Energy in a cash and stock transaction valued at $7.9 billion CAD…
New Polish President Vetoes Wind Energy Bill
For the first time since taking office a few weeks ago, Poland’s new President Karol Nawrocki used his veto power to block a bill passed by Parliament—and it was a…
Sinopec’s Earnings Plunge amid Low Oil Prices, Weaker Fuel Demand
The largest Chinese and Asian refiner Sinopec reported on Thursday a 36% decline in its first-half profit on the back of lower oil prices and refining margins and weakening domestic…
