Germany to Scrap Gas Levy for Lower Energy Bills
Germany is looking to reduce energy bills for end consumers by scrapping a fee on natural gas that was introduced during the peak of the energy crisis in 2022. The…
Germany Eases Restrictions on Geothermal Exploration
Germany’s government on Wednesday endorsed a bill proposing to fast-track the development of geothermal energy for heating as it looks to reduce emissions from buildings. The bill includes measures to…
Glencore’s Net Loss Widens on Low Coal Prices and Copper Output
Mining and commodity trading giant Glencore booked a higher net loss for the first half of 2025 compared to the same period last year, as weaker coal prices and reduced…
How Much Oil and Gas Did Aramco Produce in 2Q?
Saudi Aramco has revealed its latest production figures in its second quarter and half year results statement, which was posted on the company’s website on Tuesday. According to the statement,…
EPA Set to Cancel $7 Billion in Solar Project Grants
The U.S. Environmental Protection Agency (EPA) plans to terminate $7 billion in federal grants for solar power projects in low-income communities, the New York Times reports, as the Trump Administration…
YPF Set to Buy TotalEnergies’ Shale Assets
Argentina’s energy company YPF is nearing a deal for the acquisition of shale assets in the country owned by French supermajor TotalEnergies, Bloomberg has reported, citing unnamed sources in the…
Suncor Beats Expectations With Q2 Results
Canadian oil heavyweight Suncor Energy reported higher-than-expected earnings for the second quarter, booking a net result of $820 million and returning over $1 billion to shareholders in the period. The company…
Analyst Says ‘Uncertainties Remain’ at BP Bumerangue Find
BP’s disclosure of the Bumerangue discovery points to a potentially material find, though uncertainties remain regarding its size and commercial viability. That’s what Obo Idornigie, Welligence SVP, Energy Trends and…
Globe valves to underpin safe and scalable liquid hydrogen production, says OPW white paper
Globe valves are expected to remain a core enabling technology for the liquid hydrogen (LH2) market as it scales up to meet demand for clean fuels, according to a new…
India’s Power Giants Are Tapping Coal Inventories as Demand Slides
Indian power generators are using more coal from inventories rather than buying new supply from Coal India amid a decline in demand for coal-powered generation. The decline resulted from higher…
