China’s Coal and Gas Generation Soars Amid Record Heat
Electricity generation from hydrocarbons in China surged to the highest in a year last month driven by record temperatures, Reuters reports, citing official Beijing data. Total generation from coal and…
China’s Coal Production Drops in July
Coal production in China fell by 3.8% on the year last month, to the lowest level since April 2024 in the first annual decline for this year, Reuters reported today,…
Centrica strikes gas supply deal with Devon Energy
British energy group Centrica Energy has entered into a natural gas sale and purchase agreement [SPA] with US-based Devon Energy Corporation, the latest in a slew of market moves. Under…
Pulsar Helium secures $12.5m financing for Topaz project
Helium project development firm Pulsar Helium has secured $12.5m financing from Michigan-based University Bank to fund plant construction of its Topaz project in Minnesota. The company also announced that University…
Pulsar Helium receives $12.5m ‘expression of interest’ financing for Topaz project
Helium project development firm Pulsar Helium has received expression of interest financing worth $12.5m from Michigan-based University Bank to fund plant construction of its Topaz project in Minnesota. The company…
Analysts Look at Trump-Putin Alaska Meeting
If Russia loses its streams of revenue from selling its gas and oil to third countries, then it will have a severe impact on the Russian economy. That’s what Olga…
Ocean Yield buys CapeOmega Gas Transportation to strengthen LNG profile
Norwegian ship owner Ocean Yield has acquired CapeOmega Gas Transportation from Partners Group, strengthening its profile in the LNG charter market. CapeOmega co-owns 10 LNG carriers operated by Knutsen LNG,…
Citgo Swings to $100M Profit as Bidding War Intensifies for Parent Company
Citgo Petroleum, the U.S. refining arm owned by Venezuela, reported second-quarter net earnings of $100 million, rebounding from a $25 million loss in the same period a year earlier. The…
Ex-Pemex CEO Arrested in U.S., Faces Corruption Trial in Mexico
Mexican President Claudia Sheinbaum announced Thursday that former Pemex chief executive Carlos Treviño has been detained in the United States and will be deported to face corruption charges in Mexico.…
India’s State Refiners Tempted by Falling Russian Crude Prices
India’s state-owned refiners, which paused Russian crude buying a few weeks ago, have now started to inquire traders about potential purchases of the flagship Russian crude Urals, sources familiar with…
