Sakhalin LNG, Oil Terminals Stable After Russian Quake, Tsunami Alert
A powerful 8.8 magnitude earthquake off Russia’s Kamchatka Peninsula early Tuesday triggered tsunami alerts across the Pacific through Wednesday, leading to heightened monitoring of oil and gas infrastructure in the…
EU Sanctions Hit Petroleum Sales of Russia-Linked Indian Refiner
While many analysts said that the latest EU sanctions against Russia would be moot without U.S. support, one Indian refiner partly owned by Russia’s oil giant Rosneft has been hit…
Microsoft Reinstates Services to Sanctioned Indian Refiner
Microsoft has restored its services to Indian refiner Nayara Energy, which was hit by EU sanctions earlier this month due to Russia’s oil giant Rosneft owing a large stake in…
Kazakhstan Eyes Increased Oil Exports via BTC Pipeline
Kazakhstan and Turkey discussed a potential increase of Kazakh oil exports via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline to Turkey during the visit of Kazakhstan’s President Kassym-Jomart Tokayev to Ankara. Tokayev…
Asahi Kasei to supply electrolyser for Finland’s first hydrogen refuelling project
Energy tech manufacturer Asahi Kasei will deliver a 1MW-class alkaline water electrolyser to the Central Finland Mobility Foundation (Cefmof) in the city of Jyväskylä, Finland. The electrolyser will generate green…
Glencore Aims for $1 Billion Cost Savings in the Near Term
Glencore expects to fully deliver cost savings of $1 billion across its industrial businesses by the end of 2026, the mining and commodity trading giant said on Wednesday. In…
Tesla Inks $4.3 Billion Battery Deal With LG Energy
Tesla has signed a deal for the supply of $4.3 billion worth of energy storage batteries with South Korean battery major LG Energy Solution, Reuters reported, citing an unnamed source.…
AI Drives Surge in Panasonic’s Battery Unit Profit
Panasonic’s battery energy unit saw earnings jump by 47% in the first quarter of its 2026 fiscal year as demand for energy storage systems for data centers soars. Panasonic, which…
350 Offshore Workers ‘Traveling Towards Strike Action’
UK union Unite announced that around 350 offshore workers are “traveling towards strike action in disputes with offshore operators and companies”, in a statement sent to Rigzone by the Unite…
Mexico Issues $12 Billion in Debt to Prop Up Pemex
Mexico has issued $12 billion worth of new debt in a bid to provide support for its troubled oil and gas company, Pemex. The issue matures in 2030 and is…
