Japan’s Power Mix Shifts Away From Fossil Fuels
The share of fossil fuels in Japan’s power supply slumped to the lowest on record in the first half of 2025, as nuclear and solar electricity generation is growing. Resource-poor…
U.S.-Russia Energy Deals Discussed in Meetings on Ukraine Peace
Senior U.S. and Russian officials discussed bilateral energy deals on the sidelines of the talks on reaching a peace agreement in Ukraine earlier in August, sources with knowledge of the…
India Set to Trim Russian Oil Imports Amid U.S. Tariff Pressure
India’s state-controlled and private refiners are expected to trim their near-term purchases of Russian oil as the U.S. is set to double tariffs on Indian goods to 50% as of…
India’s Top Oil Producer to Set Up Crude and Fuel Trading Unit
India’s state-owned Oil and Natural Gas Corporation Limited (ONGC), the biggest oil and gas producer in the country, plans to launch a trading unit for crude and refined petroleum products…
USA EIA Sees Production Outpacing Demand in 2025 and 2026
The U.S. Energy Information Administration (EIA) projected that world petroleum and other liquid fuels production will come in higher than consumption both this year and next year in its latest…
EnviTec opens French biogas plant with compression tech
Germany-headquartered biogas business EnviTec has opened its fortieth French biogas EnviThan upgrading plant, in Premierfait, France. The customer, Biogaz des Vieilles Vignes, operates the 400 Nm³/h biomethane plant using a…
India Books Dip in July Oil Production
Indian crude oil production slid by 0.7% on the year in July to a total of 2.4 million metric tons, equal to some 568,000 barrels daily, the Petroleum Planning and…
Oil Prices Dip as Trump Tariffs on India Loom
Crude oil prices dipped but stabilized today, after rising to a three-week high on Monday as traders brace for the impact of the additional 25% tariffs that the Trump administration…
Elliott-Linked Firm Makes Best Bid for Citgo
A company affiliated with hedge fund Elliott Management has emerged as the frontrunner in the bidding for the parent company of U.S.-based Citgo, the Venezuelan refiner that has been locked…
Crescent to Acquire Vital in $3.1B Deal
Crescent Energy Company and Vital Energy Inc announced, in a joint statement Monday, that they have entered into a definitive agreement, “pursuant to which Crescent will acquire Vital in an…
