Data Centers Turn to Nuclear for AI Energy Demands
Major data center operator Equinix (EQIX.O) has announced a series of agreements to secure advanced nuclear electricity, including power purchase agreements and a pre-order for microreactors, to fuel its data…
Centrica Buys UK’s Biggest LNG Import Terminal for $2 Billion
The owner of British Gas, Centrica, has partnered with investment firm Energy Capital Partners LLP to buy the UK’s largest LNG import terminal at the Isle of Grain for an…
Chinese Refiners Deepen Losses As Overcapacity Weighs on Margins
China’s refining and petrochemicals sector saw losses across the industry rise by 8.3% in the first half of 2025 compared to the same period last year, as overcapacity and price…
Vietnam Buys Its First U.S. Crude Oil Cargo for 2025
Vietnam has bought its first cargo of U.S. crude oil for 2025, Reuters reported on Thursday, citing sources. Vietnam, which is estimated to have made its previous purchase of U.S.…
STX Group expands access to SAF certificates
Netherlands-based STX Group has completed its first delivery of sustainable aviation fuel certificates (SAFc) as part of a series of trades aimed at increasing market liquidity and broadening corporate access…
South African Court Blocks TotalEnergies Oil Project
A court in South Africa has halted an oil and gas exploration project led by TotalEnergies, saying the environmental assessment for the project was “deeply flawed, failing to address key…
L&T Energy Green Tech and Itochu to develop India green ammonia plant
L&T Energy GreenTech (LTEG), a wholly owned subsidiary of Larsen & Toubro (L&T), has entered into a joint development agreement with Japan’s Itochu Corporation to develop and commercialise a 300…
New EIGA paper on medical gases released
A new mini white paper on the topic of medical gases has been released by the European Industrial Gases Association (EIGA). Titled ‘Guaranteeing High Quality Medicinal Gases in Europe’ it…
Saudi Wealth Fund Slashes $8 Billion in Megaproject Values Amid Oil Price Woes
The Saudi Private Investment Fund has written down $8 billion from the value of the Saudi state’s megaprojects over the past year as they struggle to move forward amid budget…
U.S. Department of Energy Pledges $1 Billion in Critical Mineral Funds
The U.S. Department of Energy has announced close to $1 billion in funding opportunities for stimulating domestic mining, processing, and manufacturing ventures involving critical minerals in a bid to reduce…
