China’s Oil Imports Jumped in July From a Year Earlier
Chinese crude oil imports jumped by 11.5% in July from a year earlier as major state refiners boosted processing rates, official data showed on Thursday. Last month, China imported 47.2…
Trump Hints at Additional Tariffs on China Over Russian Oil Imports
After slapping an additional 25% on Indian imports to punish India for buying Russian oil, President Donald Trump has suggested he might do the same with China. During a news…
Prometheus Fuels claims CO2-from-DAC at under $50 per tonne
Carbon neutral fuels firm Prometheus Fuels, headquarted in California, has made claims its new technology can deliver direct air capture (DAC) dramatically more cheaply than other technologies, quoting a figure…
Statkraft advances plan for UK green hydrogen and ammonia project
Norwegian state-owned power group Statkraft has obtained a land lease for its planned 400 MW green hydrogen and ammonia production facility in the Shetland Islands, UK. The Shetland Hydrogen Project…
Podcast | LNG in 2025: from trade and energy security to bio-LNG and beyond
In this episode of The 1895 Podcast, we explore the evolving role of LNG in today’s industrial and energy landscape. From its resurgence in global trade and energy security to…
April 2023 OPEC+ Tranche ‘Next in Focus’, Analysts Say
Now that the November 2023 OPEC+ tranche is fully unwound, the next in focus is the April 2023 tranche. That’s what analysts at Standard Chartered Bank, including Emily Ashford, said…
China’s Coal Imports Plunge 23% as Domestic Output Surges
China imported 35.61 million tons of coal last month, which was a 23% decline on the year, Reuters has reported, citing official data from the country’s customs agency. The number,…
Trump Targets Global Chipmakers With 100% Tariff Threat
President Trump declared on Wednesday that the United States will impose a 100% tariff on imported semiconductor chips—unless the companies have formally committed to building or expanding manufacturing within the…
Wall Street Oil & Gas Lending Down 25% YTD
Wall Street’s top six banks have sharply reduced fossil fuel financing in 2025, cutting total oil, gas, and coal lending by 25% year-to-date to $73 billion, according to data compiled…
Uniper embarks on €8bn strategic reset but cools on hydrogen
Germany utility Uniper intends to invest about €8bn in its transformation by the early 2030s as it continues to wrestle with major financial challenges. It recorded adjusted EBITDA of €379m…
