South African Court Blocks TotalEnergies Oil Project
A court in South Africa has halted an oil and gas exploration project led by TotalEnergies, saying the environmental assessment for the project was “deeply flawed, failing to address key…
L&T Energy Green Tech and Itochu to develop India green ammonia plant
L&T Energy GreenTech (LTEG), a wholly owned subsidiary of Larsen & Toubro (L&T), has entered into a joint development agreement with Japan’s Itochu Corporation to develop and commercialise a 300…
New EIGA paper on medical gases released
A new mini white paper on the topic of medical gases has been released by the European Industrial Gases Association (EIGA). Titled ‘Guaranteeing High Quality Medicinal Gases in Europe’ it…
Saudi Wealth Fund Slashes $8 Billion in Megaproject Values Amid Oil Price Woes
The Saudi Private Investment Fund has written down $8 billion from the value of the Saudi state’s megaprojects over the past year as they struggle to move forward amid budget…
U.S. Department of Energy Pledges $1 Billion in Critical Mineral Funds
The U.S. Department of Energy has announced close to $1 billion in funding opportunities for stimulating domestic mining, processing, and manufacturing ventures involving critical minerals in a bid to reduce…
Odds of a Rate Cut Hit 99.9% as September Decision Nears
Financial markets are betting almost unanimously that the Federal Reserve will cut interest rates at its September 16–17 policy meeting — but divisions within the central bank and warnings from…
Podcast: Aramis CCS can be ’10 times’ the size of Porthos
The Aramis carbon capture and storage project in Rotterdam has the potential to be ’10 times’ the size of Porthos. Speaking on the latest 1895 podcast, entitled CO2 pinch: tackling…
Trump Has Limited Leverage Over Russia Without Risking Oil Price Spike
Absent greater military involvement, the Trump administration has limited leverage over Russia without risking a spike in oil prices. That’s what J.P. Morgan analysts, including Natasha Kaneva, head of global…
Centrica buys Grain LNG terminal from National Grid
British multinational energy group Centrica has bought the UK’s Isle of Grain liquefied natural gas [LNG] terminal in partnership with Energy Capital Partners from National Grid group for £1.5bn. The…
KRG, Baghdad Strike Another Oil Deal
Erbil and Baghdad say they’ve once again cracked the code on resuming Kurdistan’s long-stalled oil exports — at least on paper. The Kurdistan Region’s natural resources ministry announced Wednesday that…
