ExxonMobil Unveils Graphite Invention To Extend EV Battery Life By 30%

Exxon Mobil Corp. (NYSE:XOM) has invented a type of graphite that can extend the life of electric-vehicle batteries by as much as 30%, pushing the oil major further into advanced…

ICE To Expand Europe’s Gas Futures Trading Amid Surging U.S. LNG Demand

The Intercontinental Exchange (ICE) has revealed plans to extend trading hours for its European gas and power futures to match the 22-hour trading cycles of the United States’ Henry Hub…

  • Gas
  • December 16, 2025
QatarEnergy signs 15-year helium supply deal with Buzwair

Qatar-based industrial and specialty gas supplier Buzwair Industrial Gases has signed a 15-year contract to purchase 20 million cubic feet of helium annually from QatarEnergy. The supply of helium has…

Phillips 66 Hikes 2026 Capex To $2.4 Billion

Houston, Texas-based refiner Phillips 66 (NYSE:PSX) has increased its 2026 capital budget to $2.4 billion, including $1.3 billion for growth capital and $1.1 billion for sustaining capital. In the Midstream…

Russia Weighs Extending Gasoline Export Ban

Russia could extend the ban on gasoline exports by the end of February from the current end-date December 31, 2025, state news agency TASS reported on Monday, quoting sources familiar…

EU Targets Russia’s Oil Shadow Fleet With New Sanctions

The European Union on Monday slapped sanctions on nine entities and individuals for supporting Russia’s shadow fleet moving oil, as the bloc seeks to further restrict Moscow’s ability to generate…

U.S. Wants EU to Exempt Its LNG from Methane Regulation

The United States insists that the European Union exempt it from obligations to report data under the EU Methane Regulation until 2035, Reuters reported on Monday, citing a U.S. document…

Tanker Fleet Crunch Forecasts Strong Rates Through Early 2026

Oil tanker rates are set to stay elevated in early 2026 as crude supply is rising while the number of available vessels is shrinking due to the U.S. sanctions on…

Kazakhstan Battles Big Oil in $3.5 Billion Arbitration Case

Kazakhstan expects a court ruling on its $3.5-billion lawsuit against international majors by the end of this year, Energy Minister Yerlan Akkenzhenov said on Monday as the country is suing…

  • Gas
  • December 15, 2025
Solarig to invest over $400m in Polish biomethane platform

Spanish sustainable energy company Solarig plans to invest more than PLN 1.5bn ($416–420m) to expand biomethane operations in Poland through its renewable gases division, Biorig. The investment will support the…